EBRD and EU extend green and inclusive financing to Amen Bank

• EBRD and EU to provide first loan to Amen Bank under Green Economy Financing Facility in Tunisia
• €10 million senior unsecured loan to promote green lending to Tunisian private sector
• EU-funded technical cooperation package and investment incentives to accelerate the uptake of climate-resilient technologies

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have signed a €10 million senior unsecured loan to Amen Bank, one of Tunisia’s leading private banks.

This loan agreement is the first signed under the EBRD’s Green Economy Financing Facility in Tunisia. The new financing will enable Amen Bank to on-lend to the Tunisian private sector, including micro, small and medium-sized enterprises (MSMEs), and will promote equal access for women and men to green finance. The framework aims to contribute to the green economy transition by scaling up financing for low-carbon, climate-resilient technologies and services.

The facility will be supported by a comprehensive technical cooperation package funded by the EBRD and EU to support Amen Bank in project preparation, implementation, verification and monitoring. The package will also support training and capacity-building activities for Amen Bank’s staff that promote equal access to climate finance for women and men.

Under this facility, the EU will provide investment incentive grants on successful completion and verification of green investments. The grants aim to accelerate the adoption by eligible MSMEs of advanced climate technologies.

The new financing is also supported by the Currency Exchange Fund (TCX), a facility backed by the EU that contributes to the growth of financial markets in developing economies and provides foreign exchange hedging at reduced pricing to Tunisian banks.

Amen Bank is a joint-stock company with a share capital of 174,600,000 Tunisian dinars, 66.44 per cent owned by the Amen Group, one of the leading private financial institutions in Tunisia and recognised for its commitment to innovation, performance and long-term client support. Amen Bank was ranked as the sixth-largest bank in Tunisia in June 2025, with a market share of 8.5 per cent in terms of outstanding deposits and outstanding loans.

Since the start of its operations in Tunisia in 2012, the EBRD has invested €2.9 billion in 83 projects across the country, 66 per cent of which are in the private sector.