Project Description
Provision of a senior unsecured SME loan of EUR 30 million to Banque de Tunisie ("BT").
Project Objectives
The objective is to on-lend to micro, small and medium-sized enterprises ("MSMEs") in Tunisia.
Transition Impact
The EBRD loan will increase the availability of finance to micro, small and medium businesses in Tunisia, allowing greater access to finance for this largely underserved segment in a market where lending is restricted by liquidity constraints.
Client Information
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
EUR 30,000,000.00
Loan of EUR 30 million.
Total Project Cost
EUR 30,000,000.00
Up to EUR 30 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 MSME loans 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.
Technical Cooperation
None.
Company Contact Information
Ines Trigui
ines.trigui@bt.com.tn
http://www.bt.com.tn/
2, Rue de Turquie, 1001 Tunis, Tunisia
Business opportunities
For business opportunities or procurement, contact the client company.
For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com
General enquiries
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
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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 (pcm@ebrd.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.
