US EditionThe Uib Has a Resilience to the Effects of Falling Rates
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The second quarter of fiscal year 2025 was the first after the revision of the policy rate for the UIB. The GNP of the subsidiary of the Société Générale was established at 132.997 MTND, a slight decline of 1.1% year-on-year. The interest margin totalled 72,407 MTND against 77,136 MTND over the same period in 2024. The impact of the rate decrease is clear. Net commissions in products increased by 3.5% to 38,386 MTND and revenues from the portfol…
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