A 16.4% Top-line growth !!!
UIB managed to register an increase of the NBI in Q1 2016 by 16.4% to TND57.195m, yoy. The bank was also able to improve its banking cost/income ratio from 52.9% to 49.3%, yoy. This explains the increase in the operating margin by 360 bps to 50.7%. However, the liquidity ratio (Deposits/Loans) went down by 25 bps from 91.33% to 88.77% compared to 31/12/2015 (-13 bps, yoy). Borrowings and special resources increased by 6.4% to TND308.932m, yoy.
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