The net banking income (NBI) of the BH Bank of Tunisia recorded an increase of 22.43% in the 2nd quarter of 2021 compared to the same period of 2020.
The activity indicators of this banking establishment highlight a NBI of 269.978 million dinars against 220.502 million dinars in the second quarter of 2020.
BH Bank saw its banking income fall by 31.056 million dinars with an achievement that fell from 548.088 million dinars on June 30, 2020 to 517.032 million dinars a year later. This underperformance is caused by the decrease of 51.106 million dinars in interest to 392.823 million dinars against 443.929 million dinars in the second quarter of 2020.
As for the commissions received by the bank, they have increased by 8.6 million dinars, reaching 55.6 million dinars at the end of June 2021 against 47 million dinars at the end of June 2020.
During the period under review, the BH Bank sharply reduced its banking operating expenses by 80.532 million dinars, which stood at 247.053 million dinars against 327.585 million dinars in the second quarter of 2020.
On the other hand, the operating expenses of the bank (personnel costs and general operating expenses), saw their level increase from 1.269 million dinars to 92.141 million dinars against 90.872 million dinars in 2020.
Outstanding loans recorded a decline of 3.52% to 9.546 billion dinars against 9.895 billion dinars on June 30, 2020. Regarding the outstanding deposits, it slightly increased by 1.13% to 7.283 billion dinars against 7.201 billion dinars in the second quarter of 2020. This increase is caused by an increase in sight deposits for an amount of 434 million dinars to reach 2.763 billion dinars at the end of June 2021 and an increase in savings deposits for an amount from 341 million dinars to reach 2.581 billion dinars at the end of June 2021.
At the end of June 2021, an increase of 20 million dinars in the investment securities portfolio of the BH Bank was noted with an achievement of 1.604 20 billion dinars against 1.584 billion dinars at the end of June 2020.
Bank officials, however, report a decrease in loans and special resources of 34 million dinars, or 2.2% to reach 1.503 billion dinars in the second quarter of 2021 against 1.537 billion dinars in 2020.
They also underline an increase in equity before profit for the period of 45 million dinars (+ 4.6%), to 1.026 billion dinars at the end of June 2021 against 981 million dinars at the end of June 2020.
