Report
EUR 236.14 For Business Accounts Only

Liquidity is still under-pressure

Figures in Q2 2016: the NBI increased by 13% to TND118.962m, comparing to Q2 2015, following the rise of the net commission. Overall, the bank witnessed an improvement of its banking cost/income ratio by 74 bps to 49.3%, during the same period. The operating margin also increased by 0.7% to 50.7%. The liquidity ratio (Deposits/loans) is still lower than 100% and it is still not satisfactory. Furthermore, it has decreased by 190 bps to 86.9%, compared Q1 2016.
Underlying
Union Internationale de Banques

Provider
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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