Better than the sector, but still behind BIAT
Over these six months, Attijari Bank increased its NBI by a double-digit growth. The net banking income stood at TND173.380m following an increase of 13.4%, yoy. A performance that came after having aligned two solid quarters, 14.3% on Q1 and 12.6% on Q2. This was accompanied by an increase in the operating expenses, which led to a deterioration in the cost/income ratio to 45.4% (vs. 44.3%). Attijari Bank continues to boost its resources, and mainly demand deposits by, respectively, 7.4% and 12.7% compared to the end of 2016.
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