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HomeNewsTunisia: BNA Bank announces net profit of 110 million dinars in H1

Tunisia: BNA Bank announces net profit of 110 million dinars in H1

The “Banque Nationale Agricole” (BNA Bank) has published its interim financial statements as of June 30, 2022.

These statements show a net profit of 110.2 million dinars, against 94.8 million a year earlier, an increase of 16.3%.

At the end of the first half of the year, the bank has seen its operating income increase by 18.4% to 850.8 million dinars, from 718.4 million at the end of June 2021.

As for operating expenses, they have increased from 335.3 million dinars to 402.8 million, up 20%.

To this end, the half-yearly net banking product (NBP) of the BNA Bank is up 17% to 448 million dinars, against 383.1 million at the end of the first half of last year.

At the end of last June, the allocations to provisions show a sharp increase of 37% to 143.4 million dinars, from 104.3 million a year earlier, while the personnel costs have increased by only 3% to 117.2 million dinars.

Consequently, the operating result for the period is 139.1 million dinars, against 121.5 million in the first half of 2021, up 14.5%.

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