International Banking Union (UIB) Posts Significant Profit Increase in First Half of 2025
The International Banking Union (UIB) reported a net profit of 49,048 MTND for the first half of 2025, representing a significant increase of 47.4% compared to 33,271 MTND during the same period in 2024.
Key Highlights
- Net profit increased by 47.4% to 49,048 MTND
- Net banking income decreased by 2.9% to 259,082 MTND
- Cost of risk decreased from 33,702 MTND in 2024 to 27,357 MTND in 2025, reflecting improved asset quality management
Despite a slight decline in net banking income, the bank was able to improve its fundamentals thanks to a notable decrease in the cost of risk. However, the application of Article 412 ter of Law No. 41-2024, which modified the Commercial Code, had a negative impact on operations with customers. This measure, implemented as part of the processing of 24,253 eligible files as of June 30, 2025, resulted in a charge of -12,100 MTND. Excluding this exceptional effect, net banking income would have been oriented upwards.
Operating Expenses
- Personnel expenses reached 107,413 MTND
- General operating expenses increased to 32,480 MTND
- These increases contributed to limiting the operating result to 85,394 MTND
It is worth noting that, unlike in 2024, the bank did not record any exceptional losses this year. For reference, a tax adjustment of 22,515 MTND had impacted the accounts for the first half of 2024.
Market Performance
The UIB stock has remained stable since the beginning of the year, with a yield of 1.5%. The published results, marked by a significant improvement in net profit and controlled risk management, could spark renewed interest from investors. A positive reaction from the stock is expected at the opening of the next sessions.
