A modest performance ....
During this period, STB managed to improve its FY 2015 NBI by only 1.86% to TND267.224% (+1.53%, expected by AlphaMena), yoy. The bank was able to improve its banking cost income ratio moving from 50.48% to 46.8% in 2015, due to the decrease witnessed by the operating costs (-5.42%).The profit margin rose by 3.63% to reach 53.2% at the end of 2015. The liquidity ratio (deposits/loans) made a progress moving from 95.03% to 98.58%, compared to FY 2014.
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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