Regulatory Alerts2020-03-19
Circular to Banks and Financial Institutions No. 2020-06 of March 19, 2020
The Governor of the Central Bank of Tunisia has issued Circular No. 6 of 2020 to postpone loan installments for institutions and professionals from March 1 to September 30, 2020, while adjusting the credit-to-deposit ratio calculations and exempting these deferrals from loan restructuring classifications. Banks must submit written requests for postponement, may grant new deferrals, and are required to report monthly on beneficiaries via an Excel file. The exceptional ratio provisions take effect as of April 3, 2020, and apply to classified craftsmen under existing regulatory frameworks.
Share