Report
EUR 236.14 For Business Accounts Only

Q2 2016: a deterioration of the operating margin…

In Q2 2016, Attijari Banque’s performance improved considerably (deposits and credits compared to the sector) and income. The bank witnessed a deterioration in its liquidity ratio (deposits/Loans), passing from 126.6% (during Q1 2016) to 123.4% (during Q2 2016), but this ratio is still higher than the standard (100%). Compared to the publication on prior year, the NBI displayed an annual growth of 9.9% to TND152.870m while the costs increased by 10% to TND69.053m, thus the cost/income ratio decreased by 122 bps to 44.3% in Q2 2016.
Underlying
Attijari 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.

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