Tunisie: Amen Bank announces NBI up 19.5% in the first half of 2021

Amen Bank, Tunisia’s second private bank, published its financial results at the end of the first half of 2021. It shows that the net banking income recorded an increase of 19.5% to 222.2 million dinars (80 million USD). compared to the end of June 2020.

Regarding banking operating expenses, they recorded a decrease of 34.3 million dinars (12.3 million USD), from 240.7 million dinars (87 million USD) during the first half of 2020 to 206 , 4 million dinars (74 million USD) for the same period of 2021.

Customer loans, net of provisions and reserved agios, increased from 5,849.1 million dinars (2.1 billion USD) at the end of June 2020 to 6,120.9 million dinars (2.2 billion USD) at at the end of June 2021, thus recording an increase of 271.8 million dinars (98 million USD) or 4.6%.

For their part, customer deposits and assets stood at 6,132.8 million dinars (2.208 billion USD) on June 30, 2021, i.e. an increase of 429.4 million dinars (154.6 million USD) or 7.5% compared to June 30, 2020.

Banking operating income increased by 2 million dinars (USD 720 154.29) compared to the same period in 2020.

For their part, banking operating expenses fell by 34.3 million dinars (12.3 million USD), from 240.7 million dinars (87 million USD) during the first half of 2020 to 206, 4 million dinars (74.3 million USD) for the same period of 2021.

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