Over the first nine months of 2017, Banque de Tunisie has recorded a net banking product of 192 million Tunisian dinars (TD), Ecofin learned from a statement of the lender. This represents a 13.7% increase compared to the performance recorded last year, over the same period, knowingly 168.8 million TD.
The improvement results from a surge in incomes from banking operations (commissions, interests, and investment and commercial portfolio earnings). Indeed, over the reference period, these generated 306.2 million TD, against 265.5 million TD, in 2016, over the same period.
Operating costs also rose, but more moderately, from 96.6 million TD to 114.2 million TD. The bank benefited from a favorable environment translating into an 8% growth of outstanding loans granted to its clients, valued at 3.6 billion TD at September 30, 2017.
Chamberline Moko
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...
Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...
Coca-Cola unit trains 260+ SMEs in Namibia business skills Program targets women, youth, disabled...
Facility to include data center, training hub, innovation center Project supports Digital 2030 strategy, boosts jobs and AI capacity Nexus Core...
Civil nuclear power has long been a source of controversy, but driven by the energy transition, it is gaining ground globally, reviving both expectations...
Ghana reviewing fuel taxes after recent pump price increases Minister says no decision yet; options include levy reductions Rising global oil prices...
World Bank to mobilize $550 million for Kenya road project Project to upgrade 508 km, boosting regional trade links Corridor to cut...
Nosy Iranja is one of the most iconic island destinations in northwestern Madagascar, lying in the Mozambique Channel about an hour and a half by boat...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...