Ordinary General Assembly of BIAT: A Milestone in the Bank's Life
The Ordinary General Assembly of BIAT was held today, April 26, 2024, marking a significant milestone in the bank's life. The dividend increase, from 5.8 TND to 6 TND, was validated, demonstrating the institution's financial stability.
The board presented a positive review of the bank's financial performance for 2023, highlighting the solid foundations that enabled this success. The prudent risk management policy, exemplary governance, and the commitment and expertise of employees were identified as key factors in these achievements.
In 2023, BIAT consolidated its position with a Net Banking Product (PNB) reaching 1,397 million dinars and deposit balances amounting to 18,802 million dinars. Net credit balances also progressed, reaching 12,442 million dinars, with credits granted to individuals and businesses. The rigorous control of doubtful and litigious claims, maintained at 6.8%, testifies to the rigor in risk management.
The board highlighted BIAT's strategic orientation for the next two years, emphasizing digital transition. This resolute vision towards innovation and technology is a testament to the bank's continued commitment to staying at the forefront of the financial industry.
During the debates, it was noted that BIAT currently has no plans to expand abroad, thus focusing its growth strategy on the national market.
