BH Bank (Tunisia) Financial Health and Shareholder Returns

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A lively street scene in Tunis featuring the iconic BNA Bank and local people walking or biking.
Credit: pexels.com, A lively street scene in Tunis featuring the iconic BNA Bank and local people walking or biking.

BH Bank (Tunisia) has reported a steady increase in its net profit over the years, with a notable jump from 2018 to 2019.

The bank's financial health is reflected in its asset size, which has been steadily growing since 2015. Its total assets reached 15.4 billion Tunisian dinars in 2020.

BH Bank has been expanding its services to cater to the growing demand for digital banking in Tunisia. Its mobile banking app has seen a significant increase in user adoption since its launch in 2018.

The bank has a strong presence in the Tunisian market, with a network of over 60 branches across the country. This extensive network has contributed to its steady growth in customer base and revenue.

Bank Structure

BH Bank (Tunisia) has a unique bank structure that sets it apart from other financial institutions in the country.

The bank is a public shareholding company, which means it is owned by the public through the Tunis Stock Exchange.

Credit: youtube.com, Inauguration de BH ACADEMY

BH Bank has a strong presence in Tunisia, with a network of over 60 branches across the country.

The bank's structure is designed to provide a wide range of financial services to its customers, including corporate and retail banking, investment banking, and asset management.

BH Bank's board of directors is responsible for overseeing the bank's overall strategy and direction, ensuring that it remains focused on its core mission of providing excellent financial services to its customers.

Recommended read: Banks and Banking Services

Visa

BH Bank in Tunisia offers Visa debit cards, which are widely accepted globally. These cards are issued by BH Bank and can be used for various transactions.

The Visa debit cards offered by BH Bank come in different types, including Classic, Gold, and Business. Each type has its own benefits and features, but they all share the same level of security and convenience.

BH Bank's Visa debit cards are linked to the customer's bank account, allowing them to make transactions directly from their account. This means customers can avoid overspending and stay within their budget.

Credit: youtube.com, ✅ How To Open A Bank Account in Tunisia (Full Guide) - New Bank Account

Here are some of the Visa debit card numbers issued by BH Bank in Tunisia:

BH Bank's Visa debit cards offer a convenient and secure way to make transactions, and their wide acceptance means customers can use them anywhere in the world.

Financial Performance

BH Bank's share price has seen significant fluctuations over the past year, with a 10.79% increase.

The bank's 52-week high stands at د.ت14.30, while its 52-week low is at د.ت11.00.

In the past month, the share price has dropped by 5.94%, but over the past three months, it has seen a 3.47% gain.

Here's a summary of BH Bank's performance over different time periods:

BH Bank's share price has shown a notable increase over the long term, with a 38.25% change over the past three years.

Price History & Performance

BH Bank Société anonyme's share price has been on a steady rise over the past year, with a 10.79% increase. This growth is a testament to the company's financial stability and strong performance.

Credit: youtube.com, 10 Years of Historical Financial Performance and Insider Buy Info (HD)

The current share price of د.ت12.83 is a significant decrease from the IPO price, down by 40.70%. However, the 52-week high of د.ت14.30 suggests that the company has reached new heights in the past year.

BH's share price has been relatively stable, with a 1-month change of -5.94% and a 3-month change of 3.47%. This stability is a positive sign for investors, indicating that the company's financial performance is consistent.

Here's a quick look at BH's share price performance over the past 5 years:

The company's beta of 0.18 indicates that its share price is relatively stable compared to the market. This makes BH a good option for investors looking for a stable investment.

Tunisia Secures €100 Mln AfDB Loan for Private Sector Support

The African Development Bank (AfDB) has approved a credit line worth €100 million to Tunisia's BH Bank. This financial facility will make more resources available for Tunisian companies.

The Lombard Bank Building in Sliema, Malta
Credit: pexels.com, The Lombard Bank Building in Sliema, Malta

The loan will support private companies operating in targeted sectors such as health, renewable energies, social housing, and industry. This is a boost to the bank in the implementation of its strategy to support private companies.

The new financing will enable Tunisian companies to expand their investment opportunities and foster conditions for inclusive and shared growth. According to Stefan Nalletamby, AfDB's Director of Financial Sector Development Department.

The loan brings AfDB's active investment portfolio in Tunisia to about €7.915 billion. This agreement is an opportunity for BH Bank to strengthen and diversify Tunisia's productive capacity and support its growth.

Investor Information

BH Bank (Tunisia) is a well-established financial institution in the region. It was founded in 1975.

The bank has a strong presence in Tunisia, with a large network of branches and ATMs. BH Bank offers a wide range of financial products and services to its customers.

Related reading: ATB Financial

Executive Committee

The Executive Committee at BH Bank Société anonyme is a key part of the company's leadership. Wajdi Koubaa serves as the CEO, overseeing the company's operations.

The Chief Executive Officer, Wajdi Koubaa, is responsible for making strategic decisions and guiding the company's direction.

Shareholder Returns

Credit: youtube.com, Shareholder Return

When evaluating the performance of a stock, one key metric to consider is shareholder returns. Over the past 7 days, BH returned -5.1%.

BH's 1-year return was 10.8%, significantly lower than the TN Market's return of 16.5% and the TN Diversified Financial industry's return of 23.8%.

Here's a summary of the returns:

BH underperformed the TN Diversified Financial industry and the TN Market in terms of 1-year return.

Frequently Asked Questions

Where is BH Bank located?

BH Bank is located in Tunisia, specifically listed in the Bourse de Tunis.

What banks are owned by the state of Tunisia?

The state of Tunisia owns three major banks: Société Tunisienne de Banque, Banque de l'Habitat, and Banque Nationale Agricole. These banks hold a significant 40% of the country's total banking assets.

Carole Veum

Junior Writer

Carole Veum is a seasoned writer with a keen eye for detail and a passion for financial journalism. Her work has appeared in several notable publications, covering a range of topics including banking and mergers and acquisitions. Veum's articles on the Banks of Kenya provide a comprehensive understanding of the local financial landscape, while her pieces on 2013 Mergers and Acquisitions offer insightful analysis of significant corporate transactions.

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