Regulatory Alerts2026-06-03
Central Bank of Tunisia Circular No. 2026-06 of June 3, 2026 on the Conditions and Procedures for Settling Non-Performing Agricultural Loans
The Central Bank of Tunisia issued Circular No. 2026-06 to establish the conditions and procedures for settling non-performing agricultural loans, enabling eligible farmers and financial institutions to choose between rescheduling principal over up to seven or ten years or making a full early repayment within six months. Borrowers must pay at least five percent of the principal, declare that their debts are free from fraud or money laundering proceedings, and ensure funds were used for eligible agricultural purposes. Banks are required to reclassify settled loans to Category 1, preserve existing guarantees, waive specified interest and late penalties according to the chosen regime, and submit compliance reports by June 30, 2027 using standardized contracts.