The activity of the “Union Bancaire pour le Commerce et l’Industrie” (UBCI) in the first half of the year was marked by an increase of 9.3% of the bank’s net banking product (NBI) to 140.7 million dinars, from 128.7 million dinars at the end of June 2021.
Operating income reached 190.8 million dinars, up 9.6% compared to the first half of last year.
As for operating expenses, they reached 50.1 million dinars, an increase of 10.6% compared to the same period of 2021.
The outstanding loans to customers (net of provisions and reserved agios) went up 267.3 million dinars to 2,758 million dinars, rising 10.7% compared to June 30, 2021.
The customer deposits, meanwhile, posted an increase of 5.6% compared to last year, with an outstanding amount of 3,107 million dinars.
In addition, the operating expenses grew 7.3% compared to the same period of 2021 due to an increase in operating expenses by 19.5% in connection with the transformation of the IT system following the sale of shares of BNP Paribas.