{"id":465719,"date":"2019-04-18T12:11:48","date_gmt":"2019-04-18T11:11:48","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=465719"},"modified":"2019-04-18T12:11:48","modified_gmt":"2019-04-18T11:11:48","slug":"tunisia-31-increase-in-consolidated-profit-of-ubci-in-2018","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2019\/04\/18\/tunisia-31-increase-in-consolidated-profit-of-ubci-in-2018\/","title":{"rendered":"Tunisia: 31% increase in consolidated profit of UBCI in 2018"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The Banking Union for Trade and Industry (UBCI) completed the year 2018 on a note of satisfaction. The bank said it had achieved a 31% increase in consolidated profit, which stands at 51.2 MD (about 17 million USD), and other indicators in green.<\/p>\n<p>According to the financial statements at December 31, the operating result rose to 82.4 MD (30 million USD), against 68.1 MD a year ago. That&#8217;s an increase of 20.84%. Net income grew by 17.85% compared to 2017, and stands at 47.7 MD (15.6 million USD).<\/p>\n<p>In addition, operating income grew at a rate of 9.54% year-on-year to stand at 83.4 MD (27.3 million USD).<\/p>\n<p>Based in Tunis, UBCI is 50% owned by the French BNP reported in talks for a sale of its shares to the Jordanian financial group Arab Bank Plc.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The Banking Union for Trade and Industry (UBCI) completed the year 2018 on a note of satisfaction. The bank said it had achieved a 31% increase in consolidated profit, which stands at 51.2 MD (about 17 million USD), and other indicators in green. According to the financial statements at December 31, the operating result rose<\/p>\n","protected":false},"author":530746,"featured_media":465723,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12000,11996],"tags":[12922,15956],"class_list":{"0":"post-465719","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-banks-insurance","8":"category-finance-en","9":"tag-tunisia","10":"tag-ubci","11":"post_format-post-format-aside","12":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tunisia: 31% increase in consolidated profit of UBCI in 2018 - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2019\/04\/18\/tunisia-31-increase-in-consolidated-profit-of-ubci-in-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tunisia: 31% increase in consolidated profit of UBCI in 2018\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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