With Tunisia’s fiscal deficit expected to rise in 2017, the government has been stepping up its activity on international debt markets.
With Tunisia’s fiscal deficit expected to rise in 2017, the government has been stepping up its activity on international debt markets.
Tunisia’s stock market has seen steady growth in capitalisation in recent years, and while the number of initial public offerings (IPOs) was limited in 2016, the exchange registered a positive performance over the year due to strong results in the industrial, consumer goods and financial sectors.
THE COMPANY: Created in 1976, Banque Internationale Arabe de Tunisie (BIAT) is the undisputed leader of the Tunisian banking sector. It is owned by private Tunisian industrials, which hold 60% of its share capital, led by the Mabrouk Group holding with an equity stake of 39%. With total assets of...
THE COMPANY: Founded in 1959, Banque Nationale Agricole (BNA) was initially dedicated to financing the agricultural sector. It has since diversified, and now offers a full range of banking services.
THE COMPANY: Founded in 1978 by Mohamed Meddeb, Délice Group specialises in milk and dairy products (yoghurt, butter, cheese, juices and other drinks). The group has been strengthening the value chain at all levels, including through partnerships with world-leading groups in milk and dairy (Danone...
The banking sector in Tunisia has benefitted from a history of relative stability, thanks to a steady hand from the regulator, a focus on banking fundamentals and a comparatively high level of sophistication, particularly in terms of services like leasing. In 2016 several indicators continued to rise, including assets and lending. However,...
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