UIB Publishes Key Activity Indicators for 2024
The UIB is making its main activity indicators for 2024 available to the public.
Deposit Balance
The deposit balance stood at 6,858.7 billion dinars at the end of 2024, up 9.1% from 6,285.9 billion dinars at the end of 2023, representing an increase of 572.8 billion dinars. This growth is mainly due to the rise in:
- Sight deposits: +150.7 billion dinars
- Savings deposits: +209.3 billion dinars
- Term deposits, certificates of deposit, and other financial products: +225.5 billion dinars
On the other hand, a decrease of 12.7 billion dinars was observed in other customer deposits and assets.
Net Customer Credit Balance
The net customer credit balance stood at 6,207.8 billion dinars at the end of 2024, down 4.9% from 6,531.1 billion dinars the previous year, representing a decrease of 323.3 billion dinars.
Special Loans and Resources
The balance of special loans and resources stood at 147.9 billion dinars at the end of 2024, down from 197.8 billion dinars the previous year.
Banking Operating Income
Banking operating income, net of reserved interest, increased by 6.5% to 925.7 billion dinars at the end of 2024, up from 869.04 billion dinars the previous year.
Interest Margin
The interest margin rose by 3.8%, from 301.6 billion dinars in 2023 to 313.1 billion dinars in 2024.
Commission Margin
The commission margin decreased by 0.9%, from 150.6 billion dinars in 2023 to 149.2 billion dinars in 2024.
Securities Portfolio Income
Income from the commercial and investment securities portfolio increased by 18.4%, from 67.3 billion dinars in 2023 to 79.6 billion dinars in 2024.
Net Banking Product (NBP)
The NBP increased by 4.3%, from 519.5 billion dinars in 2023 to 542 billion dinars in 2024.
Personnel Expenses
Personnel expenses rose by 5.8%, from 187.1 billion dinars in 2023 to 198 billion dinars in 2024.
Operating Expenses
Operating expenses also increased by 5.8%, from 256.4 billion dinars in 2023 to 271.3 billion dinars in 2024.
Gross Operating Income
Gross operating income rose by 2.9%, from 263.6 billion dinars in 2023 to 271.2 billion dinars in 2024. The operating coefficient stood at 50.1% in 2024, up from 49.4% the previous year.
Governance
Finally, the UIB's governance highlights that, in a rapidly changing context, the bank's transformation process is underway. The bank's economic model, based on proximity, is now taking into account new banking uses.
