Tunis International Bank: 27.2% decrease in net income in 2024

Tunis International Bank (TIB) has recently published its financial statements for the year 2024, showing a significant decline in profitability compared to the previous year. Net income for the year was $10.5 million in 2024, compared to $14.4 million in 2023, a decrease of 27.2 per cent. Operating income also declined from $22.9 million in 2023 to $19.8 million in 2024, representing a decrease of 13.5 per cent.