| Approval Date | 26 Jun 2019 |
| Signature Date | 17 Dec 2019 |
| Sovereign / Non-Sovereign | Non Sovereign |
| Sector | Finance |
| DAC Sector Code | 24030 |
| Commitment | U.A 80,914,004.6 |
| Status | Implementation |
The present project concerns BH Bank (formerly known as Banque de l’Habitat). The project is expected to help finance borrowers, in particular small and medium-sized enterprises (SMEs) and companies, operating in the health, construction (social housing), industry and renewable energy sectors. The proposed long-term line of credit of EURO 100 million will enable BH Bank to gain access to muchneeded financial resources to grow its loan portfolio thereby contributing to Tunisia’s development. Through the proposed line of credit, the AfDB is expected to contribute to diversifying and lengthening the maturity profile of BH Bank’s funding and enhancing its ability to extend term financing to viable borrowers at a time when Tunisia’s financial sector is experiencing a severe liquidity squeeze.
The purpose of the line of credit is to enable the financing of borrowers, in particular small and medium-sized enterprises (SMEs) and companies operating in the health, construction (social housing), industry and renewable energy sectors.
The main beneficiaries of the project are small and medium-sized enterprises (SMEs) and companies, operating in the health, construction (social housing), industry and renewable energy sectors.
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Funding
African Development Bank
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| IATI identifier | 46002-P-TN-HAB-013 |
| Last Update | 20 Mar 2020 |
| private-sector@afdb.org |
| Country | Tunisia |