BH Bank Holds Ordinary General Assembly, Presents 2024 Financial Results
On April 26, 2025, BH Bank held its Ordinary General Assembly, dedicated to presenting the financial results of the 2024 fiscal year.
Financial Highlights
The bank reported a significant increase in revenue. As of December 31, 2024, the net banking product (PNB) stood at 744.2 million dinars (Mtnd), representing an 11.9% increase compared to the previous year, or an additional 79.2 Mtnd. This performance can be attributed to several factors:
- The interest margin increased by 7.3% (+23.9 Mtnd)
- Net commissions rose by 10.7% (+14 Mtnd)
- Gains on the securities portfolio improved by 19.9% (+41.3 Mtnd)
However, the increase in provisioning during the year weighed on profitability. The operating result was established at 115 Mtnd, compared to 250.4 Mtnd at the end of 2023. Consequently, BH Bank closed the 2024 fiscal year with a net result of 70.4 Mtnd, marking a 49.7% decrease (-69.6 Mtnd) compared to the previous year.
Social Responsibility and Communication Initiatives
Beyond its financial performance, 2024 was also marked by the strengthening of BH Bank's communication and social responsibility initiatives. Notable actions include:
- The bank completed a charitable operation in favor of needy families in the Tunis Governorate on the occasion of Eid Al Idha
- BH Bank participated in International Family Day by awarding savings books to the winners of financial inclusion programs targeting families in special situations, in partnership with the Ministry of Family, Women, Children, and the Elderly.
