by Dispatch Risk Analysis | Jun 9, 2023 | Economic, Tunisia
Tunisia: UIB Under Review as SocGen Sheds African Businesses Summary: On 9 June 2023, French banking giant Societe Generale announced the conclusion of agreements to sell four African subsidiaries and plans to conduct a strategic review of Tunisian subsidiary Union...
by Dispatch Risk Analysis | Mar 24, 2023 | Economic, Tunisia
Tunisia: Nationalized Power Company Takes on Second Loan in a Month Summary: On 23 March 2023, the Tunisian Electricity and Gas Company (STEG) signed a joint loan agreement for 324 million dinars with six banks. The loan was signed at the BH Bank headquarters and...
by Dispatch Risk Analysis | Feb 28, 2023 | Economic, Social, Tunisia
Tunisia: Digital Payment Demand Grows as Financial Inclusion Lags Summary: Data released by the Central Bank of Tunisia (BCT) for 2022 shows a significant increase in the use of digital payments pointing to a growing demand for economic modernization. The BCT data...
by Dispatch Risk Analysis | Nov 26, 2022 | Economic, Tunisia
Tunisia: Challenging Environment for Non-Bank Financial Institutions Summary: Fitch Ratings released a report highlighting the challenging domestic market faced by non-bank financial institutions (NBFI). NBFIs are financial institution that do not have a full...
by Dispatch Risk Analysis | Nov 12, 2022 | Economic, Tunisia
Tunisia: Initial Moves toward Privatization With Sale of Iron and Steel Producer Summary: During the week of 7 November 2022, the Tunisian government reached an agreement to sell 60% or more of the capital of El Fouladh, an iron and steel producer. The sale will be...