Bank of Tunisia’s NBI increases in the first half of 2019

The Bank of Tunisia (BT) recorded, according to the interim financial statements as of June 30, 2019, a net banking income of 180 million dinars (approximately 62.7 million USD) against 152.6 million in the first half of 2018. That is 17.86% increase.

The bank’s main performance indicator was 327.5 million dinars (around 114 million USD) as of December 30, 2018.

Net income amounted to 75.2 million dinars as of June 30, 2019, representing an increase of 10.5% year-on-year. Operating expenses amounted to 108.5 million, an increase of 23.22%.

In addition, loans to customers rose by 3.7%, from 4.35 billion dinars at June 30, 2018 to 4.51 billion. Deposits increased by 7.3% to $ 3.9 billion, compared to $ 3.6 billion as at June 30, 2018.

Founded in 1884, the Bank of Tunisia is one of the oldest banking institutions in Africa.

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