Regulatory Alerts2020-06-02
Circular to Approved Intermediaries No. 2020-13 of June 2, 2020
The Central Bank of Tunisia issued Circular No. 2020-13 to establish the conditions and repayment procedures for resident companies accessing external foreign currency loans from non-residents. The regulation sets specific annual borrowing limits based on company type and stock exchange or rating agency status, mandates market-best pricing, and requires approved intermediaries to domicile loan files, verify amortization schedules, and submit quarterly data via the Data Exchange System. It repeals Circular No. 93-16 of 1993 and takes effect upon publication.
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