Translated version of this PSD: French
The EBRD is considering to provide a loan of up to EUR 30 million to Banque de Tunisie (“BT”) for on-lending to micro, small and medium-sized enterprises (“MSMEs”) in Tunisia.
The proposed loan will increase longer-term funding available to Tunisian MSMEs through the provision of banking loans or lease finance by BT, in a market where lending is restricted by liquidity constraints.
BT is the 8th largest bank in Tunisia with total consolidated assets of EUR 1.7 billion as of December 2013.
Senior unsecured loan of up to EUR 30 million.
Up to EUR 30 million to be provided in euros.
Categorised FI. BT will be required to comply with the Bank’s Performance Requirements 2 and 9 and the EBRD's Environmental and Social Procedures for Small and Micro Loans. The bank will also be required to submit annual environmental and social reports to the EBRD.
Thomas Girod, Senior Banker, Financial Institutions Group, EBRD – email@example.com
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