Tunisia - BH Bank (formerly known as Banque de l’Habitat)


Project Summary

Approval Date 26 Jun 2019
Signature Date 17 Dec 2019
Planned Completion Date 30 Dec 2021
Last Disbursement Planned Date 30 Dec 2021
Sovereign / Non-Sovereign Sovereign
Sector Finance
DAC Sector Code 24030
Commitment U.A 84,148,876.19
Status Approved

Project General Description

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.

Project Objectives

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.

Beneficiaries

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.

Participating Organization

Funding
African Development Bank
Implementing
BANQUE DE L HABITAT

Information

IATI identifier 46002-P-TN-HAB-013
Last Update 24 Sep 2020

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Contact Details

Name SEKIOUA Sofiane Hicham
Email s.sekioua@afdb.org

Geographic Location

Country Tunisia