Regulatory Alerts2020-01-01
Circular to Banks No. 08 of 2020 – Exceptional Measures to Support Individuals
The Governor of the Central Bank of Tunisia issued Circular No. 08 of 2020 to postpone loan repayments for individuals with a daily net income below one Tunisian dinar whose loans mature between April 1 and June 30, 2020. The measure applies to non-professional loans for customers classified as categories 0 through 3 under Circular No. 24 of 1991, with automatic extension of repayment deadlines and a written opt-out mechanism for those who prefer not to participate. Postponement periods are explicitly excluded from exposure limit calculations and do not constitute loan restructuring, ensuring continued regulatory compliance for participating borrowers.
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