Arab Tunisian Bank Profile and Financial Insights

Arab Tunisian Bank is a Tunisian bank that offers a range of financial services to its customers. Founded in 1988, it has a long history of providing reliable banking services.

The bank's headquarters is located in Tunis, Tunisia, and it operates through a network of branches across the country. It's a well-established institution with a strong presence in the Tunisian market.

Arab Tunisian Bank is known for its commitment to innovation and customer satisfaction. Its services include personal banking, corporate banking, and investment banking, making it a one-stop-shop for all banking needs.

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Arab Tunisian Bank has reported its earnings results for the full year ended December 31, 2023 and 2022.

The bank has a history of releasing its earnings results on a regular basis, with the latest report coming out on April 26 for the year 2023 and April 14 for the year 2022.

Arab Tunisian Bank's earnings reports are a valuable resource for investors and stakeholders, providing a clear picture of the bank's financial performance over the past year.

The reports are typically abbreviated as "CI" in the article section, indicating that they are a condensed version of the full report.

Here are the dates of the bank's earnings reports for the full year ended December 31, 2023 and 2022:

The Arab Tunisian Bank has a significant presence in Tunisia, with a capital social of 80 million dinars as of 2010.

The bank's ownership structure is dominated by Arab Bank, which holds 64.2% of the shares.

In 2010, the bank obtained the MSI 20000 certification from Maghreb Corporate, a testament to its commitment to quality standards.

The bank's financial performance has been impressive, with a 13.38% increase in revenue from 2009 to 2010.

This growth continued, with the bank's revenue reaching 336 million dinars by the end of 2014.

Let's take a closer look at the managers and directors of Arab Tunisian Bank. The bank's CEO is Ahmed Rejiba, who holds the position of Chief Executive Officer.

The bank's management team also includes Lassaad Jaziri as the Director of Finance/CFO, and Zina Brichni as the Chief Administrative Officer.

Interestingly, there are some commonalities among the bank's directors. For example, all three directors - Ahmed Rejiba, Lassaad Jaziri, and Zina Brichni - do not have their ages listed.

Here's a brief overview of the bank's directors:

If we look at the bank's board members, we can see that they are also part of the management team. For instance, Ridha Zerzeri, Mohamed Ben Sedrine, and Férid Abbes are all listed as directors/board members.

Here's a list of the bank's board members:

Sales Geography is a crucial aspect of understanding how banks operate.

The Arab Tunisian Bank's sales geography is quite interesting, with sales figures varying from year to year.

In 2019, Tunisia accounted for 204 million in sales.

The sales figures for Tunisia in 2020 were 222 million.

By 2021, sales had dropped to 183 million in Tunisia.

However, in 2022, sales bounced back to 278 million in Tunisia.

The sales figures for Tunisia in 2023 were 270 million.

Here's a breakdown of the sales figures for Tunisia from 2019 to 2023:

Arab Tunisian Bank has been making headlines with its recent developments. The bank has gone live with Temenos' core banking system, a major step forward in its strategic roadmap. This implementation was completed in phases, with the first phase focusing on retail and corporate business lines.

The bank has a staff of 1,300 and 134 branches across Tunisia. It's part of the Arab Bank Group, one of the largest financial institutions in the Middle East. Arab Tunisian Bank has been working to develop its digital transformation.

Arab Tunisian Bank has received funding of TND 70 million. This news was announced on March 3, 2021. The bank has also been added to the S&P Pan Arab Composite.

Here are some key ratings and announcements made about Arab Tunisian Bank:

The Arab Tunisian Bank has a significant capital increase, with the capital social being raised from 60 to 100 million dinars by 2010. This was done in two stages, with the first stage increasing it to 80 million dinars.

The bank's financial performance has been impressive, with a 13.38% increase in its revenue from 2009 to 2010, reaching 243.63 million dinars. The bank's product net bancaire (PNB) also saw a significant growth of 14.92%.

The bank's revenue continued to grow, reaching 336 million dinars by 2014, with a PNB of 173.7 million.

Valuation is a crucial aspect of financial information, and it's essential to understand the different metrics used to evaluate a company's worth.

The Enterprise Value (EV) of Arab Tunisian Bank varies significantly across different years, ranging from 98.73M to 16.68B.

To put this into perspective, the EV of 9.57B in one year is a staggering amount, highlighting the company's substantial value.

The EV/Sales ratio is another important metric, with values of 0.82x in 2024 and 0.76x in 2025. This ratio indicates the company's value relative to its sales.

Here's a breakdown of the Enterprise Value and EV/Sales ratio for Arab Tunisian Bank:

The ATB bank's capital social was increased from 60 to 100 million dinars by 2010. This decision was made by the bank's assembly general extraordinary in May 2008.

The Arab Bank remains the main shareholder with 64.2% of the shares, along with other Tunisian groups such as Zerzeri, Bayahi, Abbès, Ben Ammar, and Ben Sedrine.

In 2010, the ATB bank obtained the MSI 20000 certification from the Maghreb Corporate group. This certification was awarded after a three-month audit led by the Paris Stock Exchange Institute.

The ATB bank's revenue increased by 13.38% in 2010, reaching 243.63 million dinars. Its net banking product also saw a significant improvement, rising by 14.92% to 18.8 million dinars.

The bank's annual director general, Mohamed-Férid Ben Tanfous, received a salary of 921,987 dinars in 2010, making him the highest-paid banker in Tunisia.

The Arab Tunisian Bank has undergone a change in its visual identity over the years.

The bank had an old logo prior to 2010.

The current logo of the Arab Tunisian Bank was introduced in 2010.

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The Arab Tunisian Bank has a complex history of relationships with the Tunisian government and its leaders. The bank's ties to the Ben Ali regime are particularly noteworthy, as it provided significant financial support to the family and their associates.

In 2011, after the Tunisian revolution, the bank's branches were targeted by protesters, with 14 branches being completely destroyed and 14 others sustaining significant damage. The bank's losses were estimated at 6 million dinars, which was covered by the bank at a rate of 80%.

The bank's relationship with the Ben Ali family was not limited to providing financial support in the event of damage. According to Business News, the bank had extended 180 million dinars in credits to the family, which represented 7% of the total credits extended to the families of Ben Ali and Trabelsi. This amount also accounted for 4.8% of the bank's portfolio of commercial credits and securities.

The bank's risk exposure to the Ben Ali family was reportedly minimal, with 94% of its engagements with the family being considered current and non-risky. These engagements were spread across several companies, including Tunisiana, Orange Tunisie, Ennakl, and Princesse El Materi Holding.

Here are some key facts about the Arab Tunisian Bank's relationships and politics: