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TunisiaTunisia : EU supports access to finance for small and medium-sized enterprises
The European Bank for Reconstruction and Development (EBRD) has broadened access to finance for small and medium-sized enterprises (SMEs) in Tunisia by providing a €24 million loan to Tunisie Leasing and Factoring, the country’s largest leasing company. This will mark the EBRD’s second engagement with Tunisie Leasing and Factoring after an earlier loan in 2014.
The EBRD loan will allow Tunisie Leasing and Factoring to continue growing its network across the country and reaching SMEs in regions less well-covered by competitors. Supporting access to finance for SMEs has been identified as a strategic priority by both the government of Tunisia and the EBRD.
Since it began operations in Tunisia in 2012, the EBRD has invested €840 million across 38 projects in the country and provided technical assistance to nearly 800 SMEs, two thirds of which are in the regions. The Bank’s investments aim to support Tunisia’s competitiveness by opening markets and strengthening governance, promote economic inclusion for women, young people and those living in remote areas, strengthen the financial sector’s resilience, and support Tunisia’s green economy transition.
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Tunisia
