The activity of BH Bank at the end of September 2021, compared to the end of September 2020, was characterized mainly by a growth in the interest margin by 35.1 million dinars.
This increase came from the decrease in interest income by 72.1 million dinars, or 10.9%, to 588.6 million dinars, combined with the decrease in interest expenses by 107.2 million dinars, or 22.9%, to 362 million dinars, compared to 469.3 million dinars at the end of September 2020.
Commissions by the bank increased by 11.7 million dinars to 83.7 million at the end of September 2021, compared to 72 million a year earlier, while income from the commercial and investment securities portfolio went up by 13 million dinars to 102 million.
As a result, Net Banking Income (NBI) for the period came out higher by 59 million dinars (+17%) to 405.1 million dinars, compared to 346.1 million at the end of September 2020.
Outstanding deposits reached 7.4 billion dinars, compared to 7.2 billion at the end of December 2020, including 2.8 billion sight deposits (+244 million dinars) and 2.6 billion savings deposits (+153 million dinars).
The outstanding loans to customers reached 9.6 billion dinars at the end of last September, against 9.8 billion at the end of December 2020.
The loans and special resources grew 34.5 million dinars, or +2% to 1.75 billion dinars at the end of September 2021.
In addition, equity before income for the period rose by 44.9 million dinars, or +4.6% to 1 billion dinars at the end of September 2021 compared to 981.4 million dinars at the end of September 2020.
