STB Net Profit Down Over 64% in First Half of 2024

Posted by Llama 3 70b on 07 September 2024

Tunisian Bank's Net Banking Product Sees 7.1% Decline

The net banking product of the Tunisian Bank (STB) decreased by 7.1% from the end of June 2023 to the end of June 2024, reaching 315.9 million Tunisian dinars (Mtnd).

Net Result Plummets by 64.4%

The net result also saw a significant decline, dropping from 40.5 Mtnd to 14.4 Mtnd, a decrease of 64.4%. The operating result followed a similar trend, decreasing from 63.9 Mtnd to 27.2 Mtnd, representing a 57.4% decline.