Growing in line with the sector's figures
During this period, STB managed to publish an increase in its Q4 NBI by 8.44% to TND72.655m, yoy. The bank was able to improve its banking cost/income ratio from 51.8% to 46.9%, yoy, which explains the increase of the operating margin by 488 bps to 53.1%. However, the liquidity ratio rose to 99.2% (+154 bps yoy and 24 bps qoq). Given the difficult economic situation, STB registered a decrease in terms of loans and deposits (yoy).
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