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TunisiaEuropean Bank for Reconstruction and Development signs €20 million risk-sharing facility with Bank Attijari Tunisia
The European Bank for Reconstruction and Development (EBRD) is increasing access to finance for Tunisian businesses with the provision of a €20 million Risk Sharing Framework (RSF) to Banque Attijari Tunisia, one of the largest banks in the country.
The RSF is one of three core financing frameworks of the EBRD’s Small Business Initiative, a programme dedicated to supporting and developing local private companies. The EBRD offers partner banks funded or unfunded risk participation schemes in US dollars, euros or local currency, taking on a part of the risk of the sub-loans extended by partner banks to clients.
Since the start of its operations in Tunisia in 2012, the EBRD has invested close to €1.2 billion across 52 projects in the country, and supported over 1,200 SMEs through EU-funded technical assistance.
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Tunisia
