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- MarketLine Department
Union Internationale De Banques: 1 director
A director at Union Internationale De Banques bought 6,000 shares at 23.350TND and the significance rating of the trade was 54/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last ...
- Iram BENCHELBI
A recovery of deposits and credits ...
H2 2017 figures: • Loans to clients reached TND4,291m during H1 2017 vs. TND4,130m as at 31/12/2016, i.e. +3.88%. • Deposits at TND3,823m grew by 4.42% vs. TND3,661m as at 31/12/2016. • +12.3% in net banking income which reached TND133.661m vs. TND119.027m in S1 2016. • Operating expenses increased by 14.52% y-o-y to nearly TND69m.
- Iram BENCHELBI
A Q1 without surprises!
Q1 2017 figures: • Loans to clients declined by 0.7%, reaching TND4,099m during the first quarter of 2017 vs. TND4,130m as at 31/12/2016. • Deposits at TND3,638m fell by 0.6% vs. TND3,661m as at 31/12/2016. • Net Banking Income grew by 10.4% at TND63.167m vs. TND57.195m in Q1 2016. • Operating expenses increased by 7.14% yoy to more than TND30m.
- Iram BENCHELBI
A decent year end!
During Q4 2016, UIB’s NBI reached TND65.808m (+ 14.9% y-o-y), bringing annual NBI to TND247.790m, an annual increase of 14.4%. Operating expenses increased by 7.9% y-o-y to TND119.776m in 2016, driven by a 10.77% increase in staff costs. By the end of 2016, loans to customers increased by 10.7%, reaching TND4.126m and deposits of TND3.661m, up by 7.6%. Debts, after payment of maturities and other interests, increased by 2.7% to TND329.5m.
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.
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.
A good quality 2015...
By the end of Q4 2015, UIB’s NBI was up by 7.67% to TND57.288M, bringing the FY15 NBI to TND216.684M, (+10.15%). Overall, gross operating income increased by 14.12%, while expenses remain under control and rose only by 6.45%, resulting in an improvement of the bank operating ratio (-173 bp to 50.1 %). The operating margin increased by 361 bp to 49.9%. The liquidity ratio has fallen by 0.21% to 91.34% due the increase of loans (+8.23%) vs.
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