As of June 30, 2025, customer deposits showed significant growth, reaching 6,781.3 million dinars (MD), compared to 6,275.8 MD during the same period in 2024. This trend reflects customers’ continued confidence in the institution’s stability. Two major components contributed to this performance:
– Sight deposits rose by 7.36%, reaching 2,242.5 MD, an increase of 153.7 MD year-on-year.
– Savings deposits also saw a notable 7.4% increase, reaching 1,832 MD compared to 1,705.4 MD in June 2024.
However, net loans (after provisions and reserved fees) slightly declined, standing at 5,345.9 MD at the end of June 2025 versus 5,385.7 MD a year earlier, a contraction of 39.8 MD.
Banking operating income grew moderately by 3.9%, rising from 386.4 MD to 401.4 MD.
Banking operating expenses, however, increased at a faster pace (+11%), reaching 226.7 MD by June 2025, up from 204.2 MD the previous year.
This uneven trend impacted Net Banking Income (NBI), which declined to 174.7 MD, down from 182.3 MD in June 2024. This drop is mainly attributed to expenses rising faster than income.
Additionally, the bank’s operating costs stood at 127.4 MD, up from 116.9 MD in the first half of 2024, likely reflecting development efforts and investments in infrastructure and resources.
