UBCI achieved a net banking income (NBI) of 193.6 million dinars, at the end of the third quarter 2021, up 9% compared to the end of September 2020.
Operating income reached 262.8 million dinars, a growth of 3% compared to 2020. As for operating expenses, they reached 69.1 million dinars, down 10% compared to the same
period of 2020, due to a decrease in incurred commissions by 21%.
Operating expenses posted an increase of 16% due to rise in operating expenses by 32% in relation to the transformation of the information system following the sale of BNP shares, and the growth of personnel costs of 11% following the application of legal increases during the third quarter of 2021.
In addition, the outstanding loans to customers (net of provisions and reserved agios) went down by 90.4 million dinars to reach 2.4 billion dinars, thus posting a decline of 3.6% compared to September 30, 2020.
Customer deposits grew 12% compared to the end of September 2020, with an outstanding amount of 2.9 billion dinars.
