Ominous signs seen in 2015
Bad quarter for BNA. Q4 15 NBI fell by 14.3% to TND86.840M, following the collapse in the net interest revenue, which is the dominating activity in the NBI (-24.95% to TND129.227M). The management did not comment on these figures. FY 15 NBI decreased by 0.36% to TND347.500M, driven by higher revenues from the Trading and Investment portfolio, which increased by 28.54% to TND59.971M. However, the interest margin went down by 5.6% to TND234.020M.
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