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Tuesday 15 June 2021
HomeNewsTunisia: BH Bank sees net banking income rise 10.2% in H1 2019

Tunisia: BH Bank sees net banking income rise 10.2% in H1 2019

In the first half of 2019, BH Bank increased its outstanding loans to 9 dinars of 502 million dinars, up 383 million dinars, i.e. 4.2% compared to their level at December 31, 2018.

The security portfolio of the bank appreciated by 7.7% to 1 712 million dinars driven by the size of the commercial security portfolio up 27.4%.

The bank stood out with an improvement in customer deposits of 10.1% compared to December 31, 2018.

Demand deposits increased by 8% while savings accounts grew 2.5%.

As at June 30, 2019, BH Bank’s net banking income grew by 10.2%, driven by an increase in the interest margin by 19.3% versus an increase in the commission margin of 8.8% and a decline in portfolio income of 2.6%.

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