Finance

Banque de Tunisie: Net banking product rises by 13.7% over first 9 months of 2017

Tuesday, 24 October 2017 17:16

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

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