Figures in progression…
BIAT released FY 2015 NBI in progression by 8.06% to TND531.371M, yoy, in line with our forecasts (+12.1%). This increase was boosted by the increase recorded in Q4 2015 NBI by 9.61% to TND153.239M, yoy. The bank has also recorded a steady fall in its main ratios. The banking-cost income ratio decreased from 50.27% to 49.18%, yoy. Also, the liquidity ratio depreciated from 124.18% to 121.01%, compared to FY 2014. Debts and special resources decreased by 8.61% to TND118.635M, yoy.
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