Report
EUR 236.14 For Business Accounts Only

Still doing well!

BIAT posted satisfactory figures with an NBI increasing by 10.5% to TND146.772M, yoy, in Q2 2016. The main bank’s ratios have improved and the bank was able to release significant indicators. Indeed, the banking cost income ratio has decreased from 49.2% to 48.6%, year on year, which explains the increase in the operating margin by 58 bps to 51.4%. In addition, the liquidity ratio (deposits/loans) deteriorated by 266 bps to 117.6%, comparing to 31/03/2016, while staying at a comfortable level higher than 100%.
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AlphaMena Corporate Services
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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