BH Bank’s profits fell by 22% at the end of 2024, equivalent to 31.5 million dinars (MD). As a result, the bank’s net profit at the end of December 2024 was almost 108.5 MD, compared to 140 MD in 2023, according to the bank’s activity indicators.
BH Bank said that at its meeting on March 27, 2025, its Board of Directors approved the financial statements for the 2024 financial year, which were submitted to the statutory auditors, and reviewed the company’s activity report for the 2024 financial year.
The Bank’s financial statements, published on the website of the Financial Market Council (CMF), show that BH BANK closed the year 2024 with a profit of 108,511 MD, compared to a profit of 140 MD recorded at the end of 2023.
In addition, the Board of Directors has decided to convene an Ordinary General Meeting on Saturday, April 26, 2025 and to propose the distribution of a dividend of 0.800 dinars per share, subject to the prior approval of the Central Bank of Tunisia.
According to the bank’s activity indicators at December 31, 2024, BH Bank’s net banking income (NBI) reached 766 MD, while outstanding customer loans increased by 5.1% to reach 10,731 MD at the end of December 2024, while customer deposits reached 9,010 MD at the same date.
Commissions received by the Bank also increased by 15.4 MD or 10.6% to 160.1 MD at the end of December 2024. Personnel expenses increased by 7.3% to 189.3 MD at the end of December 2024.
Borrowings and special funds increase by 14.6% to reach 1,565 MD at the end of December 2024, in line with a 5.9% increase in the bank’s operating income to reach 1,100.9 MD at the end of 2024, compared to 1,039.6 MD in 2023.
