Analysis

Proceeding with caution: As retail lending expands, banks aim to limit their exposure to credit risk
OBG
plus

Since 2010 retail lending has been growing faster than total lending in Tunisia, indicating a change in consumption patterns within the population despite a broader context of slow economic growth. In addition, banks – which continue to dominate the financial system and lending to the economy – have been adjusting their credit risk-control measures in recent years, following the leadership…

Analysis

On the cards: Electronic payments and digitalisation are key measures to grow the banked population
OBG
plus

While the number of debit cards and credit cards in circulation has increased in recent years, obstacles to electronic payments remain, particularly in Tunisia’s in-land governorates, which suffer from limited banking services. Other factors, such as a cultural bias against banks and electronic payments, contribute to relatively low banking penetration across the country. Part of the solution…

Analysis

Proceeding with caution: As retail lending expands, banks aim to limit their exposure to credit risk
OBG
plus

Since 2010 retail lending has been growing faster than total lending in Tunisia, indicating a change in consumption patterns within the population despite a broader context of slow economic growth. In addition, banks – which continue to dominate the financial system and lending to the economy – have been adjusting their credit risk-control measures in recent years, following the leadership…

Overview

Taking care: Reforms resulting from the 2016 Banking Law will grow niche segments and align the sector with international norms
OBG
plus

Tunisia’s banking sector has experienced positive growth in recent years, with 2017 proving to be another strong period on many fronts. Several risks, however, still threaten the sustainability of this growth trend and the overall health of the sector, including a reduction in available liquidity, low levels of capitalisation and credit risk. In an effort to address these issues, the Banque…

Overview

Fintech revolution: Tech solutions are driving the evolution of the sector landscape
OBG
plus

Once reserved for ambitious start-ups and industry-leading tech operators, financial technology (fintech) has more recently caught the attention of major private sector firms and government planners alike, becoming a regular feature in budget speeches and strategic development plans. As fintech progressively plays a larger part in the lives of consumers, investors have quickly come to recognise…

Overview

Taking care: Reforms resulting from the 2016 Banking Law will grow niche segments and align the sector with international norms
OBG
plus

Tunisia’s banking sector has experienced positive growth in recent years, with 2017 proving to be another strong period on many fronts. Several risks, however, still threaten the sustainability of this growth trend and the overall health of the sector, including a reduction in available liquidity, low levels of capitalisation and credit risk. In an effort to address these issues, the Banque…

Overview

Renewed potential: Page 23
OBG
plus

With the government enacting far-reaching reforms in early 2018 to help quicken the restoration of macroeconomic equilibrium, it is hoped that any short-term negative impact of the changes will be mitigated by the recovery of key industries, including tourism and phosphates. Growth for 2018 is projected to rise to 3%, according to the IMF, or 2.8% by government estimates, up from an estimated 2.3%…

Overview

Tunisia in brief:
OBG
plus

The country is working to gradually improve its economic indicators by implementing tough, yet necessary, structural reforms. Although significant strides have been made since 2011, Tunisia continues to face acute macroeconomic imbalances. While reform efforts have suffered from changing administrations in the years following the revolution, in 2018 growth is projected to pick up to 3%, according…

Overview

Renewed potential: Page 23
OBG
plus

With the government enacting far-reaching reforms in early 2018 to help quicken the restoration of macroeconomic equilibrium, it is hoped that any short-term negative impact of the changes will be mitigated by the recovery of key industries, including tourism and phosphates. Growth for 2018 is projected to rise to 3%, according to the IMF, or 2.8% by government estimates, up from an estimated 2.3%…

Overview

Tunisia in brief:
OBG
plus

The country is working to gradually improve its economic indicators by implementing tough, yet necessary, structural reforms. Although significant strides have been made since 2011, Tunisia continues to face acute macroeconomic imbalances. While reform efforts have suffered from changing administrations in the years following the revolution, in 2018 growth is projected to pick up to 3%, according…