BIAT posts a net banking income of 1,480.5 million dinars as of December 31, 2024.

Posted by Llama 3 70b on 20 January 2025

BIAT, Arab International Bank of Tunisia Publishes its Quarterly Activity Indicators as of December 31, 2024

The BIAT, Arab International Bank of Tunisia, has published its quarterly activity indicators as of December 31, 2024, highlighting the following results:

  • Net Banking Income (NBI) of 1,480.5 million dinars;
  • Operating expenses of 655.6 million dinars;
  • Deposit balances of 20,814.1 million dinars;
  • Net credit balances of 12,812.9 million dinars;
  • An operating coefficient of 44.3%.

During the last quarter of 2024, the BIAT consolidated its activity and market position, confirming its financial solidity and resilience. In November 2024, the bank also carried out a capital increase through the incorporation of reserves, bringing its social capital to 204 million dinars. This operation demonstrates the bank's recognition of its shareholders' loyalty and trust.

As part of its proximity approach, several events were organized to honor the BIAT's customers. Regional meetings were held in Sousse and Sfax, bringing together leaders, financial managers, and economic actors to strengthen dialogue and identify specific customer needs. Additionally, several sessions dedicated to managing foreign exchange risks were held in Tunis, Sousse, and Sfax, allowing participants to exchange with BIAT experts and discover the solutions offered by the bank's market room.

Building on its expertise and solidity, the BIAT remains determined to support Tunisian businesses in their growth, focusing on innovation, digital transformation, and specific support. The recent launch of the digital platform "MyBIAT Corporate" dedicated to businesses consolidates this approach.

The year 2024 was also marked by the attribution of prestigious awards to the BIAT, including:

  • The title of Best Bank in Tunisia awarded by Euromoney;
  • Three awards from Capital Finance International (CFI): Best Banking Governance in Tunisia, Best Digitalization Strategy in North Africa, and Exceptional Contribution to Youth Development in Tunisia.

These recognitions highlight the BIAT's financial solidity, performance, innovation, and social commitment, particularly through the BIAT Foundation, dedicated to supporting young people.

Faithful to its mission, the BIAT remains a reference partner for accompanying its individual and business customers and responding to their specific needs. It promotes sustainable growth while supporting the national economy.