The “Banque Internationale Arabe de Tunisie” (BIAT) closed the first quarter of 2018 with a net banking income of 180.7MD, up 18.1% compared to the end of March 2017.
The formation of this net banking income is broken down into 97.2MD of interest margin which was up by 28.6%, specifically 41 MD margin on commissions with an increase of 4.1% and 42.5 MD in other revenues which were up 11.6%.
Non-contributory operating expenses in the bank deposit guarantee fund had reached 80 MD at the end of the first quarter of 2018, up 10.0%.
The operating expenses taking into account this contribution amounted to 86.4 MD, up 18.9%.
Apart from this contribution, the cost / income ratio would have been 44.3%, i.e. an improvement of 3.2 points.
Outstanding deposits amounted to 10,156.2 MD, registering a 16.4% increase driven by demand deposits (+ 18.1%) and savings deposits (+ 15.6%).
Lastly, outstanding net loans stood at 9,160.8 MD, up 18.7%.
