Provision of a senior unsecured WiB loan of EUR 10 million to Banque de Tunisie ("BT").
On-lending to eligible women led micro, small and medium-sized enterprises ("MSMEs") in Tunisia.
The EBRD loan will support the women-led MSME market segment and help alleviate the large gender inclusion gaps that were identified in Tunisia in terms of access to finance and employment & business.
BANQUE DE TUNISIE
BT is the 8th largest bank in Tunisia with 5.3% market share and total consolidated assets of EUR 1.9bn as of YE2017.
EBRD Finance Summary
Loan of EUR 10 million
Total Project Cost
Up to EUR 10 million
Environmental and Social Summary
Categorised FI (ESP 2014). BT is an existing client of the Bank, has adopted an Environmental Policy and Environmental and Social Procedures that meet requirements of Performance Requirement 9 and has human resource management and health and safety systems in compliance with PRs 2 and 4. BT will need to apply their environmental and social procedures to the WiB loan and all sub-loans funded out of EBRD funds, and ensure that sub-borrowers comply with national requirements for environment, health and safety and labour standards.
Financing to BT will be complemented by a technical cooperation programme to provide capacity building for the development of skills, better understanding and financial services tailored to the needs of women-led SMEs.
The TC component is expected to be funded through the EBRD Shareholder Special Fund SEMED.
The TC to women-led SMEs component will be funded by the European Union under the EU Programme d'Appui sur la Competitivite des Services ("PACS") and the EU SEMED Financial Inclusion Programme ("FIP").
Company Contact Information
2, Rue de Turquie, 1001 Tunis, Tunisia
For business opportunities or procurement, contact the client company.
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Public Information Policy (PIP)
The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP
Project Complaint Mechanism (PCM)
The Project Complaint Mechanism (PCM) is the EBRD's accountability mechanism. It provides an opportunity for an independent review of complaints from individuals and organisations concerning EBRD-financed projects which are alleged to have caused, or are likely to cause, environmental and/or social harm.
Please visit the Project Complaint Mechanism page to find information about how to submit a complaint. The PCM Officer (email@example.com) is available to answer any questions you may have regarding the submission of a complaint and criteria for registration and eligibility, in accordance with the PCM Rules of Procedure.