Société Tunisienne de Banque Overview and Operations

Société Tunisienne de Banque is a leading bank in Tunisia, with a rich history dating back to 1987. It was established by the government to provide banking services to the Tunisian people.

The bank's headquarters is located in Tunis, the capital city of Tunisia. This strategic location allows the bank to easily serve the needs of its customers in the city.

Société Tunisienne de Banque offers a wide range of banking services, including personal and business banking, as well as investment and insurance services. Its diverse product offerings cater to the various needs of its customers.

The bank has a strong presence in Tunisia, with over 100 branches across the country. This extensive network allows customers to easily access the bank's services from anywhere in the country.

Société Tunisienne de Banque (STB) has a rich history dating back to 1957. The bank was founded that year and has been serving the Tunisian community ever since.

The bank's leadership has changed hands several times over the years. Samir Saïed was one of the directors, but he left his position in 2019 to join the government.

One of the earliest directors of STB was Abdelaziz Mathari, who served from 1957 to 1971. He was followed by several other directors, including Hassen Belkhodja, who served twice, from 1971 to 1974 and again from 1981.

Here's a list of some of the key directors of STB:

The list of directors goes on, but one notable figure is Samir Saïed, who served from 2016 to 2019. He was followed by Lotfi Debbabi, who served from 2019 to 2020.

Today, STB is led by Mohamed Chouikha, who has been in the position since 2021.

Société Tunisienne de Banque's bank operations are extensive and efficient. The bank has a strong network of branches and ATMs across the country, with over 100 branches and more than 300 ATMs.

The bank's operations are supported by state-of-the-art technology, including an online banking platform that allows customers to manage their accounts, pay bills, and transfer funds remotely. This convenience is available to customers 24/7.

STB's bank operations also include a range of financial services, such as credit cards, loans, and deposit accounts. These services are designed to meet the diverse needs of individuals, businesses, and institutions.

The bank's operations are overseen by a team of experienced professionals who ensure that all transactions are secure and compliant with regulatory requirements. This commitment to security and compliance is reflected in the bank's high ratings from international credit rating agencies.

The Société Tunisienne de Banque (STB) has a rich history that dates back to the aftermath of Tunisia's independence. It was the first 100% Tunisian bank established after the protectorate, with the goal of contributing to the country's economic growth.

The bank was initially a mixed economy society with a capital of 10,000 dinars, where the Tunisian state held a 52% stake. This was the starting point for the bank's journey.

Over time, the bank underwent 14 capital increases, which helped it establish a strong presence in the credit market. This was a crucial step in its evolution.

As a result, the STB became a universal bank, entrusted with various tasks by the Tunisian state, including managing special funds from abroad and public funds. By 2008, the bank held an impressive 18% market share.

The Société Tunisienne de Banque has had a long history of leadership, with 16 directors general serving since its founding in 1957. The first director general was Abdelaziz Mathari, who led the bank from 1957 to 1971.

Abdelaziz Mathari was followed by Hassen Belkhodja, who took over in 1971 and served until 1974. This pattern of leadership change has continued over the years, with many directors general serving for several years.

One notable director general was Samir Saied, who served from 2016 to 2019. He left his position to join the government of Najla Bouden, led by President Kaïs Saïed.

Here is a list of the directors general of Société Tunisienne de Banque, from 1957 to the present day:

The Société Tunisienne de Banque (STB) has a significant presence in various sectors through its subsidiaries.

The STB has subsidiaries in the tourism sector, including ActiveHotels and Ed Dkhila.

The bank's subsidiaries in the building sector are primarily focused on real estate development through Société Immobilière.

In the financial sector, the STB has a multitude of subsidiaries, including STB Finance, STB manager, SICAV L’épargnant, and TFBank.

The STB also has subsidiaries in the services sector, such as GEVE Générale de Vente and la Société Les Magasins Généraux et Entrepôts Réel de Tunisie.

The bank has a large network of around 300 subsidiaries and participations, with about 50 of them being of significant importance.

Some of the notable subsidiaries include the Tunisian Foreign Bank in Paris and Marseille, as well as the Banque franco-tunisienne, which is up for sale.

The STB also holds a 25% stake in the Société nigérienne de banque, which operates in Niger and Benin.

Here is a breakdown of the STB's subsidiaries by sector:

The Société Tunisienne de Banque (STB) has been a pillar of the Tunisian banking sector, showcasing impressive financial performance.

In 2021, the bank's Produit Net Bancaire (PNB) reached 649.5 million dinars, a 3.81% increase from 2020. This is a notable achievement, especially considering the challenges posed by the COVID-19 pandemic.

The bank's deposits from clients grew significantly, reaching 9.116.3 million dinars, a 674.2 million dinars increase from 2020. This surge in deposits is a testament to the bank's ability to attract and retain customers.

Here are some key financial indicators from 2021:

The Société Tunisienne de Banque (STB) has some impressive financial indicators. It's considered one of the pillars of the Tunisian banking sector.

In 2021, the STB's financial performance was quite strong. Its Product Net Bancaire (PNB) reached 649.5 million dinars, a 3.81% increase from 2020.

The bank's deposits from clients grew significantly, reaching 9.116.3 million dinars, a 674.2 million dinar increase from 2020. This is a substantial rise.

Deposits for savings also saw a notable increase, reaching 3.585.9 million dinars, a 238 million dinar rise from 2020. This growth is a positive sign.

The bank's commercial portfolio of titles was valued at 626.3 million dinars. Its investment portfolio of titles stood at 1.267.4 million dinars.

Here are the key financial indicators for the STB in 2021:

A SWIFT code is a crucial part of international banking, and it's essential to understand what it is and how it works.

A SWIFT code is an 8-11 character code that identifies your country, city, bank, and branch.

The code is made up of several parts, including the bank code, which is a shortened version of the bank's name, usually 4 letters long.

The country code is a 2-letter code that represents the country where the bank is located.

The location code is a 2-character code that specifies where the bank's head office is.

The branch code is a 3-digit code that specifies a particular branch, with 'XXX' representing the bank's head office.

Here's a breakdown of a SWIFT code's components:

The Société Tunisienne de Banque (STB) is making a significant move towards a more modern banking system. This is evident in their NEO project, which aims to transform the bank into a 4.0 institution.

The NEO project was launched in 2020 at the Palais du Baron d’Erlanger in Tunisia, a stunning architectural gem. The project's goal is to leverage technology to support the tourism industry.

The bank is adopting a sustainable business model, ensuring a more environmentally friendly approach. This shift is a response to the need for innovation and adaptability in the modern banking landscape.

By doing so, the STB is positioning itself as a partner to its clients, providing high-quality consulting and innovative solutions. The bank is also opening up to the global technological community, fostering collaboration and innovation.

In 2008, the bank's market share was estimated at 18%. This significant presence was crucial in the country's economic policy, particularly in financing industrial sector businesses.

The bank held the title of the largest financial institution in Tunisia, measured by total balance, customer deposits, and credit. By the end of 2010, customer deposits had reached 4,798.7 million dinars.

Its net banking income in 2007 stood at 207 million dinars, ranking it second among public banks in Tunisia. The bank's asset quality and profitability improved after absorbing the Banque nationale de développement touristique and the Banque nationale de développement économique de la Tunisie in 2001.

The concept of a 4.0 bank is being explored in Tunisia through the NEO project, which aims to transform the banking industry by leveraging technology to support tourism.

This transformation involves using technology to provide high-quality advice and innovative solutions to businesses, making the bank a valuable partner to its clients.

The NEO project is focused on creating a bank that is open to the world of technology, breaking down barriers to innovation and adopting a sustainable business model.

The bank's role is to provide its clients with access to a community of innovators, including tech hubs and startups, and to facilitate their connection to the global technological community.

The NEO project is taking place in a beautiful Tunisian architectural gem, the Ennejma Ezzahra palace, where the first edition of the project was inaugurated in July 2020.

The project's goal is to make technology work for the tourism industry, where the bank plays a key role as a partner to businesses, providing them with quality advice, innovative approaches, and privileged access to a community of innovators.

In 2019, the STB was recognized as the best digital bank in North Africa, a testament to its commitment to innovation and excellence. This achievement is a significant milestone for the bank.

The STB's reputation as a leader in digital banking was further solidified when it became the first bank in North Africa to be certified by Swift GPI (Global Payment Innovation) in December 2019.

Here are some key facts about the STB's recognition:

As the first bank in North Africa to achieve this certification, the STB has demonstrated its ability to innovate and adapt to the changing needs of its customers.