Attijari Bank Releases First Half 2025 Financial Statements
After publishing its activity indicators, Attijari Bank has unveiled its financial statements for the first half of 2025. The bank reports a net banking income (NBI) of 356,455 million Tunisian dinars (MTND), up 2.0% year-over-year. This growth was primarily driven by the increase in investment portfolio revenue, which surged 32.6% to 92,777 MTND, as well as gains on securities and financial operations, which rose 14.3% to 36,235 MTND.
Provisions and impairment losses, excluding off-balance sheet and liabilities, decreased by 12.9% to 13,225 MTND, reflecting an improvement in the quality of the financing portfolio. However, when integrating provisions and impairment losses on the investment portfolio, the risk cost increased by 43.4% to 11,366 MTND. Relative to the NBI, outstanding loans (7,306,190 MTND), and the size of the investment portfolio (2,430,759 MTND), this risk level remains under control.
Personnel expenses rose 8.8% to 131,753 MTND, while general operating expenses recorded a significant increase of 25.4% to 44,269 MTND. As a result, the operating result decreased by 8.3% to 167,075 MTND. The net result stands at 116,183 MTND, down 3.5% compared to June 2024.
The prudential ratios confirm the bank's financial solidity: the solvency ratio stands at 13.97% (with a minimum regulatory requirement of 10.00%), and the Tier One ratio at 11.72% (against a minimum requirement of 7.00%). In a context of transition for the entire banking sector, marked by high economic risk, increased fiscal and regulatory pressure, and declining interest rates, Attijari Bank demonstrates solid resilience during the first half of 2025.
