|Approval Date||14 Dec 1998|
|Signature Date||26 May 1999|
|Planned Completion Date||31 Dec 2002|
|Last Disbursement Planned Date||31 Dec 2002|
|Sovereign / Non-Sovereign||Sovereign|
|Sector||Agriculture and Rural Development|
|DAC Sector Code||31110|
The Bank's third line of credit will contribute to the development of agricultural, industrial, tourism and housing production units; and will strengthen the performance ratios of the National Agricultural Bank (BNA). BNA is the first Bank of Tunisia, with an adequate portfolio management system. In order to participate in the financing of Tunisia's 9th Five-Year Plan, BNA has prepared a major investment programme, part of which will be financed by external resources. The loan will enable the BNA to contribute to the promotion of the private sector by financing agricultural, agri-food, industrial, tourism and housing development sub-projects, in accordance with the priorities of Tunisia's 9th Five-Year Plan. The resources of the line of credit will be focused mainly on promoting the private sector. It should make it possible to strengthen the diversification of the economy and the upgrading of national companies.
The specific objective of the credit line is to contribute to the development of production by modernising production units in the agriculture and agri-food, industry, tourism and housing sectors. Through the BNA, it will thus contribute to the promotion of the private sector and the improvement of the competitiveness of the Tunisian economy.
The project will mainly benefit private sector operators, including those in the agriculture and agri-food, industrial, tourism and housing sectors.
African Development Bank
Banque Nationale Agricole Head Office
|Last Update||24 Sep 2022|