Banking Sector in Tunisia: 2024 Annual Report
The total assets of resident banks reached 156.6 billion dinars in 2024, up from 144.3 billion in 2023, according to the 2024 annual report of the Central Bank of Tunisia (BCT). In fact, the share of loans in total assets continued to decline, falling to 65%, while the securities portfolio now accounts for 20.1%. Treasury bills occupy an increasing share, at 10.9% of assets, reflecting the banking sector's increased exposure to state financing.
Key Figures
- Loans to customers increased by 3.2% to 109.9 billion dinars, with a moderate growth driven by public enterprises (+13.1%).
- Customer deposits accounted for 68.5% of liabilities, with a predominance of dinar deposits (57.8%).
- Net banking income (NBI) rose by 5.5% to 8 billion dinars, supported by a 31% increase in investment portfolio revenues.
- Solvency ratio slightly improved to 14.4%, while the Tier 1 ratio stood at 11.7%, exceeding international minimum requirements.
Islamic Banks and Other Financial Institutions
- Islamic banks, which now account for 8.2% of the system's loans, continued to expand, with a 14.6% growth in their operating expenses.
- Payment institutions still reported cumulative losses of 17.3 million dinars, despite a significant increase in the number of accounts and transactions.
- Leasing institutions maintained good financial health, with a solvency ratio of 16.1%.
- Factoring sector recorded a net result of 11 million dinars, up 9%.
Conclusion
The BCT concludes this chapter by emphasizing the need to continue diversifying funding sources and strengthening governance and transparency within the banking system, while supporting the transition to more sustainable finance.
