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HomeNewsTunisia: BIAT announces 226-MD NBI in Q1

Tunisia: BIAT announces 226-MD NBI in Q1

The “Banque Internationale Arabe de Tunisie” (BIAT), on Wednesday, published its indicators of activity as at March 31, 2019.

These, reveal a net banking income of 225.9 million dinars, i.e. a 25% growth compared to the end of March 2018.

This net banking income is composed of a margin in interest of 125.1 million dinars (+ 28.7%), a commission margin of 46.5 million (+ 13.3%) and other income 54.3 million (+ 27.8%).

The bank posted operating expenses of 91.5 million dinars at the end of the first quarter, showing a limited rise of 5.9% in connection with the stabilization of staff costs.

In addition, outstanding deposits reached 11.43 billion dinars at the end of March, posting an increase of 12.6%, driven in particular by demand deposits (+ 18.9%).

As for outstanding net loans, they reached 10.57 billion dinars, up 15.5%. This growth affected all customer segments.

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