STB Bank achieved a net banking income (NBI) up 52.3 million dinars (+8%) in 2022, compared to the end of December 2021 to 702 million dinars.
This growth results from the effect of the increase of the banking operating income by 172.8 million dinars (+15.4%) to 1,296 million dinars, and the increase of the banking operating expenses by 120.5 million dinars (+25.5%), to 593.8 million dinars.
The operating expenses increased by 8.5% and stood at 291.2 million dinars, while the operating ratio amounted to 41.44% at the end of the fourth quarter of 2022 against 41.25% a year earlier.
Customer deposits saw a rise of 804.1 million dinars (+8.9%) between December 2021 and December 2022 to 9,851 million dinars, while borrowing resources amounted to 631.4 million dinars, up 135.7 million dinars (27.4%).
As for the net loans to customers (excluding the allocation to provisions), they increased by 1,146 million dinars (+11.8%) to 10,878 million dinars, from 9,731 million dinars a year earlier.
In addition, the commercial securities portfolio reached an outstanding amount of 925.1 million dinars, i.e. an increase of 46.6% while the investment securities portfolio recorded a growth of 15.6% to 1,454 million dinars at the end of December 2022.
