Decrease in deposits.
During this period, BT managed to improve its NBI in FY 2015 by 8.44% to TND213.029M (+3.52%, expected by AlphaMena), yoy. The bank was not able to improve its banking cost/income ratio moving from 31.29% to 30.4%, yoy. This explains the slight increase of its operating margin by 1.29% to 69.6%. However, the liquidity ratio depreciated by 8.67% from 91.45% to 82.77%, compared to FY 2014. Because of the delicate economic situation and the bank’s difficulties, BT’s deposits decreased by 2.57% to TND2.847bn, yoy.
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