Regulatory Alerts2018-05-29
Central Bank of Tunisia Circular No. 2018-05 to Banks dated 29 May 2018
The Central Bank of Tunisia issued Circular No. 2018-05 to establish a dedicated credit line funding financial restructuring for small and medium-sized enterprises with fixed assets between 1,000 and 3 million dinars. The framework finances financial diagnosis studies, grants personal contribution loans to project promoters for capital strengthening, and refinances existing rescheduling loans under fixed interest rates and tenors. Lead banks must coordinate expert assessments, manage collections with an 8% annual interest on arrears, and bear a 36% risk exposure while reporting quarterly to state authorities.
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