Continuing at the same pace…
Attijari released Q1 2016, in line with most of the other tunisian banks. The bank recorded a progression in NBI by 9.9% to TND72.540m. Thanks to this important rise, the banking cost-income ratio decreased by 108 bps to 46.1%, compared to 2015 and the operating margin has improved by 10 bps, reaching 53.9% during the same period. The bank was unable to improve its liquidity ratio (Deposits-to-Loans) which deteriorated, compared to FY 2015, from 127% to 126.6%.
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