1 Day
Source:
تونزي تيليغراف
Tunisie Telegraph: State Offers Honor Loans
In Tunisia, Decree No. 148 of 2026 was issued, outlining the conditions and criteria for granting supervised microfinance loans. The aim is to enable individuals and small enterprises to access interest-free loans. The decree establishes a "Trust Fund Credit Line Account" at each bank, with its resources allocated to provide loans of up to 25,000 Tunisian dinars for large and small enterprises, 10,000 dinars for project owners, and 5,000 dinars for individuals seeking consumer financing. These loans are to be repaid within two years, with a grace period not exceeding six months, and are granted without the requirement of guarantees or fees. Additionally, the decree requires banks to allocate at least 50% of the credit line’s resources to small and medium-sized enterprises as well as civil companies. It mandates that loan applications be processed within 10 working days, with decisions explained clearly. Regular oversight will be conducted by the Ministry of Finance and the Central Bank to ensure compliance, with sanctions possibly being imposed on violators starting from 2025.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)