UIB announced on Thursday, July 18, that its Net Banking Income (NBI) increased by 4.4% to 267 million dinars compared to 256 million dinars last year.
Banking operating income, presented net of reserved agios, increased by 6.7% to 452.1 million dinars, compared with 423.8 million dinars at the end of June 2023.
The interest margin reached 154.9 million dinars (+5.3%), while the commission margin was 75.7 million dinars (-0.3%).
Income from the trading and investment securities portfolio rose by 11% to 36.4 million dinars at June 30, 2024, compared to 32.8 million dinars a year earlier.
Deposits outstanding amounted to 6,576 million dinars compared to 6,034 million dinars a year earlier. This 9% increase in deposits was mainly due to higher demand deposits (+111.4 million dinars), savings deposits (+217.1 million dinars), time deposits, certificates of deposit and other financial products (+235.7 million dinars) and a decrease in other deposits and customer assets (-22.8 million dinars).
Outstanding loans to customers increased by 1.3%, or an additional 84.9 million dinars, to 6,509 million dinars at June 30, 2002, compared with 6,424 million dinars, a year earlier.
