The “Banque de Tunisie” (BT) has proclaimed its activity indicators for the fourth quarter of last year. These indicators reveal a 9.4% rise in NBI (Net Banking Income),reported the African Manager.
At the conclusion of the year ending December 31, 2019, customer loans (net of provisions made at the end of the year) of the BT approached the same level registered at the end of 2018, i.e. a net amount of 4.45 billion dinars.
Customer deposits, on the other hand, increased by +7.5% from 3.74 billion dinars to 4.02 billion dinars on December 31, 2019.
This increase was largely caused by an improvement in savings deposits of +7.9% and term deposits of +15.8%.
The exceptional special resources developed 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.
According to the report, Banking operating income advanced by +13.7% to 620.8 million dinars equated to 546 million dinars at the end of December 2018. This rise mainly involves interests +18.3% and commissions +3.5%.
Banking operating costs enhanced by 20.1% to 262.3 million dinars. This increase in charges is largely 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.
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