Consolidating its market leadership
BIAT shows an impressive evolution of its NBI over this Q2 2017. Indeed, the interest margin increased by 25%, bringing the NBI to TND17591m. The investment portfolio revenues continued to rise to 37.1%, yoy. For the six-month period as a whole, the NBI reached TND32813m, i.e. an increase of 18% compared to last year. The cost/income ratio improved despite higher operating expenses, mainly the social expenses (+14% absorbing more than 30% of NBI).
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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