Banks: Slight increase in the NBI of the Arab International Bank of Tunisia in the first half of 2020

The net banking income (NBI) of the Banque Internationale Arabe de Tunisie (BIAT) saw a slight increase of 2.92% in the first half of 2020 compared to the same period of the year 2019, announced the leaders of this banking institution. .

This GNP rose from 453.029 million dinars on June 30, 2019 to 466.299 million dinars on June 30, 2020, an increase of 13.270 million dinars in absolute value. To achieve this, BIAT recorded banking operating income of 721.423 million dinars (against 739.626 million dinars as of June 30, 2019). At the same time, this banking establishment had to face banking operating expenses of 255.124 million dinars (against 286.597 million dinars as of June 30, 2019). The leaders explain this situation by “the negative impact of the health crisis on the interest margin, the margin on commissions and other non-banking income”. The balance sheet total stood at 16.202 billion dinars, a slight increase of 1%.

During the period under review, the deposits and assets of BIAT customers amounted to 12.846 billion dinars against 11.632 billion dinars in the first half of 2019 (+ 10.43%). This increase is mainly due to sight deposits (6.468 billion), savings deposits (3.019 billion) and accounts due (2.254 billion).

As for the debts held by the bank on its customers, they amounted to 10.865 billion dinars against 10.857 billion dinars in the first half of 2019 (+ 0.07%).

The general operating expenses evolved from 2,778 million dinars to 72,872 million dinars. This change is the result of an increase in non-bank operating expenses of 3.912 million and a decrease in other general operating expenses of 1.134 million.

As for the operating result, it increased by 21.788 million dinars with an achievement of 200.203 million dinars on June 30, 2020 against 178.415 million dinars a year earlier.

The same upward trend characterizes the result of ordinary activities at 127.247 million dinars against 106.876 million dinars in the first half of 2019 (+20.371 million dinars).

However, the inclusion of the gain / loss balance from other extraordinary items of 25.115 million dinars, reduced the net result from 4.744 million dinars to 102.132 million dinars.

Looking ahead for the rest of the 2020 financial year, BIAT leaders argue that the measures to prevent the virus of the Covid-19 pandemic can be further strengthened and last over time, as well as the lack of visibility on its fallout. economic and social, constitute risk factors that may have an unfavorable impact on the Bank’s activities, its operating results as well as the structure of its uses and resources. “However, they emphasize, at the current state of affairs and on the basis of the information available, the definitive impact of the COVID-19 pandemic cannot be estimated reliably.”

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