In 2012, net banking income (NBI) of the “Société Tunisienne de Banque” STB grew 2.6% compared to its level at end-December 2011 to stand at 227.1 million dinars.
Outstanding loans and special resources grew by 90.8 million dinars to reach 561.9 million dinars. This increase resulted entirely from a rise of 96.4 million dinars in private bonds, in particular following the receipt of the balance of the subordinated bonds issued in late
December 2011 (53 million dinars) and conclusion of new private loans for 54 million dinars. Special resources declined 5.7 million dinars.
The gross evolution of loans reached 273.4 million dinars, or 4%, at the end of the fiscal year 2012 to reach 7,099.1 million dinars. This variation reflects, in addition to the slowdown in private investment, the choice of the Bank’s credit policy focused on selectivity and quality of risk on the one hand and efforts to limit the increase in unpaid loans.