The EBRD is providing Banque de Tunisie with a financing package that consists of a €50 million loan for on-lending to small and medium-sized enterprises (SMEs) and a US$ 20 million trade finance line that is expected to be signed shortly.

The SME market segment accounts for more than 90 per cent of all businesses in Tunisia. It is therefore a vital engine to provide jobs, build a modern diverse economy and to boost long-term, sustainable growth.

The available finance will provide businesses with new opportunities for further development, especially entrepreneurs who are currently under-served in the country’s regions.

In addition, the international trade finance line will contribute to the development of international and regional trade with Tunisian companies.