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Thursday 24 June 2021
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Tunisia: STB reports 20% increase in NBI

At the end of the second half of 2017, the “Société Tunisienne de Banque” (STB) business and performance indicators showed that customer deposits increased by 433.0 MTD or 7.9% between December 2016 and December 2017, detailing as follows:

– Demand deposits: + 139.9 million dinars or 6.7% to stand at 2,224.1 million dinars and represent 37.8% of all deposits at the end of December 2017 against 2,084.2 million dinars of dinars or a share of 38.3% at the end of December 2016.

– Savings deposits: + 203.8 million dinars or 8.8% to reach 2,524.1 million dinars or a share of 42.9% against 2,320.3 million dinars or a share of 42.6 % a year ago.

– Term deposits: + 77.4 million dinars or 8.8%, which stood at 953.8 million dinars and represented a share of 16.2% at the end of December 2017 (876.4 MD and 16.1% in December 2016).

In addition, STB ended the year with income from banking operations up 18.7%, from 527,677 MTD to 626,399 MD at the end of December 2017.

After deduction of 255.167 MD in expenses of at the end of 2017, the STB posted a net banking income of 371.232 MTD and recorded a 19.91% increase on this ratio.

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