Société Tunisienne de Banque (STB)'s net banking income remains steady, standing at TND 696.4 million by the end of December 2023, compared to 2022, as a result of the banking operating income rising 13.15% to TND 1,460 million and banking operating expenses growing 28.58% to TND 763.6 million. STB logged a 3.82% growth in customer deposits to TND 10,239.7 million between December 2022 and December 2023, due to a 2.88% rise to TND 3,805.5 million in overnight deposits. This is also the result of savings deposits and term depists edging up 9.69% and 1.7%, respectively,to TND 4,245.9 million 1,861.5 million, business indicators published on the Tunis Stock Exchange website show. Borrowing resources reached TND 670.9 million at the end of last December, posting a 6.24% rise compared to December 2022. Meanwhile, net customer loans fell 5.36% to TND 10,430.5 million at the end of Q4 of 2023. The cost/income ratio stood at 45.97% in Q4 compared with 42.19% a year earlier. Source: Agence Tunis Afrique Presse