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Thursday 16 September 2021
HomeNewsTunisia: BTE reports 6.7% increase in NBI

Tunisia: BTE reports 6.7% increase in NBI

The activity of the “Banque de Tunisie et des Emirats” (BTE) was marked during the second quarter of 2013 with an increase of 9.4% in bank revenue compared to the second quarter of 2012, primarily due to higher net gains on foreign exchange transactions.

Meanwhile, for the same period, banking expenses grew by 13.4%.

The net banking income (NBI) recorded during the second quarter of 2013 posted an increase of 6.7% (779,000 dinars) compared to the same period of 2012 and securities portfolio recorded a 20.0% growth (10,756 dinars) generated by investments in securities and investment.

The outstanding loans recorded in the second quarter of 2013 grew 4.0% (21,455 dinars) resulting primarily from the increase in middle term credit to individuals (23,283 dinars), Short-term loans to companies (10,212 dinars), leasing credits (7,968 dinars).

The customer deposits recorded during the second quarter of 2013 rose by 37.3% (101,400 miles dinars) compared to the same period in 2012 primarily as a result of the large increase in term deposits (101.4 %) or 72,924 dinars, in sight deposits (17,752 dinars) and savings accounts (34.0% or 7,532 dinars).

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