A financial disclosure has been organised on the 24th of February 2011 at BIAT premises for financial analysts and media. It was performed by Mr Slaheddine Ladjimi and Mr Abdelfatteh Yahia.
The main focus was BIAT financial figures as at December 31st 2010 as well as the impact of the recent events on the continuity of its business and development prospects.
The main figures for the year 2010 are:
The NBI rose by 18.2%
The total assets increased by +6.2%
Total Loans increased also by +11.6%
The total deposits registered an increase by +5.5%,
NPL decreased by -2.9%, the NPL ratio improved from 9.4% to 8.2%
The operating ratio improved dramatically from 60.4% in 2009 to 52.7% in 2010.
Regarding the total commitments towards companies forming part of the family and allies of former president arise as follows:
The Total amount is 350 MD which represents only 6.5% of BIAT total commitments.
14. 190 MD will be classified as NPLs and will be fully covered in the year 2010
94% of these commitments are performing loans.