Regulatory Alerts2017-12-29
Central Bank of Tunisia Circular No. 2017-12 dated December 29, 2017
The Central Bank of Tunisia issued Circular No. 2017-12 to amend the regulation of banking conditions by repealing and replacing the first paragraph of Article 36 of Circular No. 91-22. The amended provision establishes a fixed annual rate of return on savings (TRE) at 5 percent for all banks. This regulatory update takes effect on January 1, 2018, following the approval of the Central Bank's Board of Directors and Compliance Control Committee.
Share