Regulatory Alerts2018-01-01
Central Bank of Tunisia Circular No. 2018-10 to Banks dated November 1, 2018
The Central Bank of Tunisia issued Circular No. 2018-10 to establish a mandatory "Credits/Deposits" ratio for banks, requiring those exceeding 120% at quarter-end to reduce it by the following quarter according to tiered thresholds. Banks must submit quarterly ratio statements and, if non-compliant, present an action plan within 10 days or face fines calculated on the excess credit amount and duration. The circular amends existing prudential reporting frameworks by adding declaration RPLT560 and takes effect based on the September 2018 quarter-end ratio.
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