1. Company Information :
Logo société
| Company name | BIAT |
| Date of creation | 1 february 1976 |
| Legal Form | Limited Company |
| National Company Register | 0000110 F |
| Sector | Banks |
| Special legislation | Law 2016-48 on Banks and Financial Institutions |
| Social object | Engages in banking operations as a regular occupation. |
| Corporate address | 70-72 Street Habib Bourguiba – 1000 Tunis |
| Phone | +216 71 340 733 |
| Corporate Website | http://www.biat.com.tn |
| comfinanciere@biat.com.tn | |
| Listing date and listing modality | 01/09/1990 |
| ISIN code | TN0001800457 |
| Market | Main Market |
| Compartment | B |
| Trading Method | Continuous |
| Trading Group | 11 |
2. Shareholder Relations Officer :
| Full Name | Phone | |
|---|---|---|
| Mr.IYADH BEN SLIMANE | iyadh.benslimane@biat.com.tn | +216 58 540 522 |
3. Administration, Management and Control
DIRECTEUR GENERAL
Mr.Elyes JEBIR
Board of Directors
OGM-
25/04/2025
| Name or Corporate Name | Quality | Represented by | Term of mandate |
|---|---|---|---|
| Mr.Ismail MABROUK | Chairman | himself | 2023 - 2025 |
| Mr.Fadhel ABDELKAFI | Member | himself | 2023 - 2025 |
| Mr.Karim MILAD | Member | himself | 2023 - 2025 |
| Mr.Hichem DRISS | Member | himself | 2023 - 2025 |
| Mr.Mohamed AGREBI | Member | himself | 2023 - 2025 |
| Mr.Mohamed Adel BELFEKIH | Member | himself | 2023 - 2025 |
| Mr.Karim BEN KAHLA | Independent member | himself | 2024 - 2026 |
| Mr.Moez LAABIDI | Independent member | himself | 2024 - 2026 |
| Mr.Mohamed Afif CHELBI | Member | himself | 2023 - 2025 |
| Mr.Mehdi SETHOM | Member | himself | 2023 - 2025 |
| Ms.Cyrine SANCHOU | Member representing minority shareholders | himself | 2023 - 2025 |
| Mr.Mohamed Elyes BEN RAYANA | Member | himself | 2025 - 2027 |
Control
External auditors
| Full Name | Term of mandate |
|---|---|
| CMC Law Firm | 2025 - 2027 |
| MTBF firm, member of the PwC Network | 2025 - 2027 |
Committees of the Board of Directors
| Committee | Committee President |
|---|---|
| Audit Committee | Mr.Karim BEN KAHLA |
| Risk Committee | Mr.Moez LABIDI |
| Credit Executive Committee | Mr.Elyes JEBIR |
4. Main Shareholders:
OGM-
25/04/2025
| Name or Corporate Name | Number of shares | % |
|---|---|---|
| MABROUK Group | 15809462 | 38.75 |
| MILAD Group | 6124640 | 15.01 |
| TAMARZISTE Group | 3792253 | 9.29 |
| HORCHANI Group | 3543168 | 8.68 |
| Shareholders holding less than 5% | 11530477 | 28.27 |
| Total | 40800000 | 100 |
5. Key Indicators & Ratios:
| Key figures in DT (1) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Share capital | 204 000 000 | 178 500 000 | 178 500 000 |
| Book Value | 2 314 276 000 | 2 158 755 000 | 2 000 681 000 |
| Net Banking Income | 1 750 286 | 1 603 909 | 1 415 147 |
| Operating income | 776 937 | 681 492 | 558 356 |
| Earnings (2) | 379 406 | 358 591 | 312 402 |
| Dividend per share | 6,000 | 6,000 | 5,800 |
(1) Disclosed in the consolidated annual financial statements or, failing that, in the individual annual financial statements.
(2) Net income Group share for companies publishing consolidated accounts.
(2) Net income Group share for companies publishing consolidated accounts.
| Ratio | 2024 | 2023 | 2022 |
|---|---|---|---|
| PER (1) | 10,7 | 10,5 | 11,1 |
| PBR (2) | 2 | 1,8 | 1,9 |
| Earnings per share | 8,78899509803922 | 8,75075630252101 | 8,75075630252101 |
| Dividend yield % | 6,4 | 6,3 | 5,9 |
(1) Price Earning Ratio
(2) Price to book Value
(2) Price to book Value
6. Share Capital
Capital Structure
| Nature of Securities | Number | % | Nominal (DT) |
|---|---|---|---|
| Ordinary shares | 40800000 | 100 | 5 |
Capital Evolution
| Decision (EGM) | Nominal (DT) | Nature of the operation | Capital evolution | Capital in circulation | ||
|---|---|---|---|---|---|---|
| DT | Equities | DT | Equities | |||
| 1976-02-01 | 10 | Initial Capital |
1000000 |
100000 |
1000000 |
100000 |
| 1976-02-17 | 10 | Capital Increase in kind |
271740 |
27174 |
1271740 |
127174 |
| 1976-12-30 | 10 | Cash Increase |
1728260 |
172826 |
3000000 |
300000 |
| 1980-06-13 | 10 | Cash Increase |
2000000 |
200000 |
5000000 |
500000 |
| 1982-06-03 | 10 | Cash Increase |
4000000 |
400000 |
9000000 |
900000 |
| 1982-06-13 | 10 | Augmentation par attribution gratuite |
1000000 |
100000 |
10000000 |
1000000 |
| 1988-05-25 | 10 | Cash Increase |
6000000 |
600000 |
16000000 |
1600000 |
| 1988-05-25 | 10 | Augmentation par attribution gratuite |
4000000 |
400000 |
20000000 |
2000000 |
| 1991-05-15 | 10 | Cash Increase |
12000000 |
1200000 |
32000000 |
3200000 |
| 1991-05-15 | 10 | Augmentation par attribution gratuite |
8000000 |
800000 |
40000000 |
4000000 |
| 1994-05-17 | 10 | Cash Increase |
16000000 |
1600000 |
56000000 |
5600000 |
| 1994-05-17 | 10 | Augmentation par attribution gratuite |
4000000 |
400000 |
60000000 |
6000000 |
| 1997-10-27 | 10 | Cash Increase |
16000000 |
1600000 |
76000000 |
7600000 |
| 1997-10-27 | 10 | Augmentation par attribution gratuite |
4000000 |
400000 |
80000000 |
8000000 |
| 1999-09-14 | 10 | Cash Increase |
16000000 |
1600000 |
96000000 |
9600000 |
| 1999-09-14 | 10 | Augmentation par attribution gratuite |
4000000 |
400000 |
100000000 |
10000000 |
| 2004-05-18 | 10 | Cash Increase |
20000000 |
2000000 |
120000000 |
12000000 |
| 2006-05-31 | 10 | Cash Increase |
50000000 |
5000000 |
170000000 |
17000000 |
| 2020-06-03 | 10 | Increase through Incorporation of Reserves |
8500000 |
850000 |
178500000 |
17850000 |
| 2021-04-23 | 5 | Reduction in Nominal Value |
|
|
178500000 |
35700000 |
| 2024-11-01 | 5 | Increase through Incorporation of Reserves |
25500000 |
5100000 |
204000000 |
40800000 |
8. The instruments of BIAT
| Mnemonic | Label | Nature |
|---|---|---|
| BIAT | BIAT | Equity |
| BIA32 | BIAT Da32 4/60 | Right of allocation |
| BIA36 | BIAT Da36 1/24 | Right of allocation |
| BIA20 | BIAT DA1/20 290620 | Right of allocation |
| BIA24 | BIAT DA1/7 291124 | Right of allocation |
| B22AF | BSA0627 8.75% P5PP | Bond |
| B22AV | BSA0627T+2.55%P5PP | Bond |
| B22BF | BSB0627 8.75% P5 | Bond |
| B22BV | BSB0627T+2.55% P5 | Bond |
| B22CF | BSC0627 9.15% IF5 | Bond |
| B22CV | BSC0627T+2.95% IF5 | Bond |
| B22DF | BSD0629 9.20% P7-2 | Bond |
| B22DV | BSD0629 T+3% P7-2 | Bond |
| B22EF | BSE0629 9.45% IF7 | Bond |
| B22EV | BSE0629T+3.25% IF7 | Bond |
| B22FF | BSF0632 9.60%P10-5 | Bond |
| B22FV | BSF0632T+3.35P10-5 | Bond |
| B22GF | BSG0632 9.70% IF10 | Bond |
| B22GV | BSG0632T+3.45%IF10 | Bond |