BNA Bank has published its financial statements for the year ending December 31, 2023, which will be submitted for approval at the Ordinary General Meeting to be held on April 30, 2024.
These financial statements show a record net profit of 190 million dinars, compared to 159.2 million dinars in 2022, an increase of about 19.3%.
The Bank recorded banking operating income of 2.15 billion dinars, compared to 1.8 billion dinars in 2022, an increase of 20%, driven by a 19.3% increase in interest income to 1.6 billion dinars and a 42.7% rise in income from the investment portfolio to 349.6 million dinars.
Operating expenses increased by 30% from 908 million dinars to 1.17 billion dinars between December 2022 and December 2023. As a result, net operating income went up by 10% to 980 million dinars.
Operating income will thus be 22.5% higher at 299 million dinars, compared to 244 million dinars in 2022.
The Bank also announced that on December 19, 2023, the State partially settled the debt owed to the Bank by the Grain Board for an amount of 850 million dinars.
This amount was invested by the Bank in the subscription of assimilated treasury bonds repayable over 10 years.
