The “Banque de Tunisie” (BT) has just published its activity indicators for the fourth quarter of last year. These indicators show a 9.4% increase in NBI (Net Banking Income).
At the end of the year ending December 31, 2019, customer loans (net of provisions made at the end of the year) of the BT reached the same level recorded at the end of 2018, i.e. a net amount of 4.45 billion dinars.
Customer deposits, on the other hand, grew by +7.5% from 3.74 billion dinars to 4.02 billion dinars on December 31, 2019.
This growth was mainly generated by an increase in savings deposits of +7.9% and term deposits of +15.8%.
The outstanding special resources increased by +23.8% from 431 million dinars in 2018 to 533.6 million dinars in 2019, following the new drawings made by the bank on new external credit lines granted by international donors.
Banking operating income went up by +13.7% to 620.8 million dinars compared to 546 million dinars at the end of December 2018. This increase mainly concerns interests +18.3% and commissions +3.5%.
Banking operating expenses increased by 20.1% to 262.3 million dinars. This increase in charges is mainly due to the increase in the volume of deposits and drawdowns from external resources.
In this respect, the Net Banking Income (NBI) reached 358.5 million dinars in 2019, against 327.5 million one year earlier, i.e. an increase of +9.4%.
Moreover, the Gross Operating Income (GOI) amounted to 247.3 million dinars on 31 December 2019, up 10% compared to 2018.