Report
EUR 236.14 For Business Accounts Only

A sustained growth!

H1 2017 Figures:
• A 21.3% growth of revenues at TND165m vs. TND136m in H1 2016.
• Operating expenses grew by 16% to amount to TND59.83m vs. TND51.554m during H1 2016.
• Deposits at TND5,132m vs. TND5,116m as of 31/12/2016.
• A slight increase in loans of 1.8% to amount to c.TND6,001m vs. TND5,891m as of 31/12/2016.
• D/L ratio lost 130 bps, i.e. 85.5% vs. 86.8% by December 2016.
Underlying
Amen Bank

Provider
AlphaMena Corporate Services
AlphaMena Corporate Services

AlphaMena is the MENA stocks leader in independent equity research, covering 142. MENA securities spanning across 19 sectors and 8 countries relaying on a team of 11 analysts. The breadth of coverage allows AlphaMena to formulate a coherent view on markets, sectors and to highlight the best investments in Mena zone using a robust homogeneous and transparent methodology, enabling pure and pertinent comparisons based on financial and extra-financial criteria.

Analysts
Iram BENCHELBI

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