HomeNewsTunisia: BH Bank’s NBI up 7% to end-Sep 2023

Tunisia: BH Bank’s NBI up 7% to end-Sep 2023

BH Bank’s net banking income (NBI) reached TND 464.7 million (MD) at the end of September 2023, compared to TND 434.3 million at the end of September 2022, an increase of 7%, according to the bank’s activity indicators for the third quarter of 2023 published on the Tunis Stock Exchange website.

Outstanding customer loans decreased by 2.5% to TND 10,155 million at the end of September 2023.

Customer deposits amounted to TND 8,867 million at the end of September 2023 compared to TND 8,360 million at the end of September 2022, up 6.1%.

Loans and special funds decreased by 5.3% to TND 1,415 million at the end of September 2023.

Interest income increased by TND 121 million or 19% to TND 757 million at the end of September 2023.

Commissions received by the Bank also increased by TND 16 million, or 16.6%, to TND 108 million at the end of September 2023.

General operating expenses decrease by 1.8% to TND 52.5 million at the end of September 2023.

Personnel expenses increased by 16.2% to TND 132.4 at the end of September 2023, compared to TND 113.9 million at the end of September 2022.

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