At the end of 2025, UIB’s customer deposit portfolio stood at 7,240 million dinars (MD), compared to 6,860 MD a year earlier, marking an increase of 5.5%, or 380.7 MD.
This evolution primarily resulted from the rise in sight deposits (+228 MD), savings deposits (+219.2 MD), as well as other customer deposits and holdings (+40.4 MD), partially offset by a decrease in term deposits, certificates of deposit, and other financial products (-106.9 MD).
The net portfolio of loans granted to customers reached 6,518 MD at the end of 2025, compared to 6,212 MD at the end of 2024, reflecting growth of 5%, corresponding to an increase of 306.1 MD.
Furthermore, the portfolio of borrowings and special resources decreased to 113.4 MD at the end of 2025, compared to 147.8 MD a year prior.
Banking operating income, presented net of allocated provisions, remained almost stable, registering a slight decline of 0.3% to reach 918.6 MD at the end of December 2025, compared to 921.5 MD at the end of 2024.
The net interest margin amounted to 288.8 MD at the end of 2025, a decrease of 6.5% compared to the 308.9 MD recorded a year earlier.
Excluding the impact of Law No. 2024-41 amending the Commercial Code, estimated at 27 MD, this margin would have increased by 2.3%.
The commission margin, on the other hand, increased by 2.5% to reach 151.5 MD at the end of 2025, compared to 147.8 MD at the end of 2024.
Meanwhile, income from the securities portfolio, both trading and investment, rose by 3.3%, reaching 82.3 MD at the end of December 2025, compared to 79.6 MD a year earlier.
In this context, the Net Banking Income (NBI) decreased by 2.6% to 522.6 MD at the end of December 2025, compared to 536.3 MD at the end of 2024. Adjusted for the impact of Law No. 2024-41, the NBI would have shown an increase of 2.5%.
Personnel expenses increased by 4.3% to reach 206.5 MD at the end of December 2025, compared to 197.9 MD a year earlier. Meanwhile, operational expenses grew by 5%, reaching 283.6 MD, compared to 269.9 MD at the end of 2024.
Consequently, the Gross Operating Result contracted by 10.3%, reaching 239.6 MD at the end of December 2025, compared to 267 MD a year earlier.
Excluding the impact of Law No. 2024-41, the decline would have been limited to 0.1%.
Finally, the cost-to-income ratio deteriorated to stand at 54.3% at the end of December 2025, compared to 50.3% a year earlier. Adjusted for the effect of Law No. 2024-41, this ratio would be 51.6%.
