Regulatory Alerts2023-01-11
Circular to Banks No. 2023-01 of January 11, 2023
The Governor of the Central Bank of Tunisia issued Circular No. 2023-01 to amend Article 36 of the prevailing banking regulations, mandating a fixed annual savings remuneration rate of 7%. This directive replaces the prior provisions of Circular No. 91-22 and standardizes interest calculations for all licensed banks and financial establishments. The updated framework takes effect as of January 2, 2023, following the Board's December 2022 deliberations and formal compliance review.
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