AlphaMena Corporate Services - Banque Nationale Agricole (BNA) BNAs investor day debriefing

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AlphaMena Corporate Services

Ranya GNABA

EUR 236.14 For Business Accounts Only

BNA's investor day debriefing

The investor day of BNA focused mainly on the bankâ€™s transformation plan (2016-2018). Following this plan, the bank will set up a new information system, an organisation of the bank (HR) by targeting a customer focus. The bankâ€™s CEO replied to our question about the BNAâ€™s stake in SFBT (6%) by confirming that they are no longer obliged to sell. This should in our opinion ease the selling pressure on SFBTâ€™s stock.

19/05/2017 2 EN

Underlying

Banque Nationale Agricole

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TN0003100609 Tunis Stock Exchange Tunisia

Provider

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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Analysts

Ranya GNABA

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A Worrying Q1

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Resilient despite the turmoil

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BNA's investor day debriefing

Stunted growth reinforcing the issues

A Worrying Q1

Resilient despite the turmoil

Tough year but better long term perspectives (Jordan Ahli Bank)

A boost is needed

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