HomeNewsTunisia: BNA Bank achieves NBI of TND 270 million in Q1

Tunisia: BNA Bank achieves NBI of TND 270 million in Q1

State-owned BNA Bank’s net banking income stood at TND 270 million at the end of March 2024, up 7.5% compared to the same period in 2023, according to its activity indicators published by the Tunis Stock Exchange.

BNA’s banking operating income increased by 8.9% to TND 576 million in the first quarter of 2024.

Banking operating expenses also increased by 10% to TND 306 million and total operating expenses increased by 4.7% to TND 90 million.

Outstanding customer loans, net of provisions and reserved agios, decreased slightly by 0.2% to TND 13,892 million.

Between March 2023 and March 2024, customer deposits increased by 11% to TND 12,153 million.

The investment securities portfolio increased from TND 4,612 million at the end of March 2023 to TND 5,936 million at present, mainly as a result of subscriptions to the national loan and the acquisition of BTA.

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