Banque de Tunisie Company Profile and Structure

Banque de Tunisie is a prominent bank in Tunisia, founded in 1975 as a joint-stock company. It operates as a universal bank, offering a wide range of financial services to individuals, businesses, and institutions.

The bank has a strong presence in the Tunisian market, with a network of branches and ATMs across the country. Banque de Tunisie is committed to providing innovative and personalized financial solutions to its customers.

Banque de Tunisie's headquarters is located in Tunis, the capital city of Tunisia. The bank has a well-established management team, led by its President and CEO, who oversees the bank's overall strategy and operations.

Banque de Tunisie is a member of the Tunisian Stock Exchange and is listed on the Tunis Stock Exchange under the ticker symbol BNT.

The Banque de Tunisie has a rich and complex history that spans over a century. It was created on September 23, 1884, by the Banque Transatlantique, which converted its existing Tunis office into a fully-fledged local bank.

The bank's founders hoped to secure the exclusive right to issue banknotes in the protectorate from the French government, but this was eventually granted to the Banque de l'Algérie in 1904.

In 1911, the Banque de Tunisie participated alongside the Banque Transatlantique in the creation of the Banque Commerciale du Maroc, headquartered in Paris and with main office in Casablanca.

The bank was acquired by the Crédit Industriel et Commercial (CIC) in 1941, which took advantage of the Vichy anti-Jewish legislation.

In 1948, the Banque de Tunisie absorbed the Tunis branch of the Banca italiana di credito, which had primarily served Italian Tunisian customers.

By the time of Tunisian independence in 1956, the CIC agreed to cede most of its 70% equity stake in Banque de Tunisie to the country's government.

Here are some key dates in the bank's history:

The bank's history is marked by significant events and changes, including its acquisition by the CIC and its eventual majority ownership by Tunisian shareholders.

The Banque de Tunisie has a complex ownership structure. The bank is a société anonyme, with 73.03% of its capital held by Tunisian shareholders and 22.78% held by foreign shareholders.

One notable foreign shareholder is the Banque fédérative Crédit mutuel, which owns 20% of the bank's capital. This is a significant stake, especially considering the bank's history.

The bank's ownership structure has undergone changes over the years. In 1998, the Société générale sold its stake in the Banque de Tunisie, which was subsequently acquired by local shareholders.

The Banque de Tunisie's ownership structure is quite complex. The bank is majority-owned by Tunisian shareholders, holding 73.03% of the capital as of 2006.

Its international shareholders include reputable banks like the Banque fédérative Crédit mutuel, which owns 20% of the capital. The bank's largest shareholder, Belhassen Trabelsi, had a 13% stake before it was confiscated and sold to the Banque fédérative Crédit mutuel.

This sale resulted in the Banque fédérative Crédit mutuel becoming the bank's largest shareholder, owning 33% of the capital. The bank's ownership structure has remained relatively stable since then.

The Banque fédérative Crédit mutuel is the bank's reference shareholder, owning 34.44% of the capital as of 2013. Despite being undercapitalized, the bank has a solid financial foundation and impressive financial indicators, including a 97% coverage of classified debts.

A company's structure is a vital part of its overall success. In the case of Banque de Tunisie Société anonyme, we can see that its capitalisation has fluctuated over the years, reaching as high as 66.03 Md and as low as 343 M.

The company's valuation is a key aspect of its structure. According to the article, the PER (Price-to-Earnings Ratio) for 2024 and 2025 is not available, but the VE/CA (Value-to-Capitalisation) ratio for 2024 is 2.61x and for 2025 is 2.69x.

Banque de Tunisie Société anonyme has published its results for several years, including for the semesters ended June 30, 2024, and December 31, 2023, 2022, 2021, and 2020. These results are a crucial part of the company's structure, providing insight into its financial performance.

Here is a list of the company's capitalisation and VE/CA ratios for the past few years:

The company's financial performance has been a key focus for investors and analysts. The article notes that the company's results for 2024 and 2025 are expected to have a certain yield, with a 5.37% return in 2024 and a 4.77% return in 2025.

Banque de Tunisie offers a range of banking services, including current accounts, savings accounts, and loans.

The bank's current accounts are designed to meet the needs of individuals and businesses, with features such as online banking, mobile banking, and ATM access.

You can open a current account with a minimum deposit of 100 dinars, and enjoy free transactions up to 10,000 dinars per month.

Savings accounts at Banque de Tunisie offer a competitive interest rate of 2.5% per annum, and can be opened with a minimum deposit of 50 dinars.

Loans from Banque de Tunisie are available for individuals and businesses, with interest rates starting from 6% per annum.

The bank's loan products include personal loans, mortgage loans, and business loans, each with its own set of terms and conditions.

Banque de Tunisie also offers credit cards with rewards programs and cashback offers, as well as insurance products to protect your assets.

Banque de Tunisie has published several communiqués de presse, providing updates on its activities and financial performance.

The bank's latest quarterly activity indicators are available as of December 31, 2024, released on January 21, 2025.

Banque de Tunisie has also made significant operations declarations, announced on January 14, 2025.

The bank's shareholders gathered for a special general assembly on November 15, 2024, with the related announcement made on November 1, 2024.

Additionally, the bank's quarterly activity indicators for September 30, 2024, were published on October 17, 2024.

Another special general assembly was held on October 25, 2024, with the announcement made on October 7, 2024.

Here are the communiqués de presse dates in a concise list:

Banque de Tunisie has a strong management team led by CEO Hichem Rebai, who has been at the helm as Directeur Général.

The bank's Board of Directors (BRD) consists of experienced professionals, with Abdellatif Henda El-Fekih, Habib Kamoun, and Abdel Monem Kolsi serving as Directeurs/Membres du Conseil since 09/08/2011 and 01/01/2021 respectively.

Hichem Rebai's leadership has been instrumental in driving the bank's success.

Here is a brief overview of the bank's management team: