Brussels, 26/11/2012 (Agence Europe) - In 2013, the European Investment Bank (EIB) will make a credit line of €200 million available to Tunisia via the Facility for Euro-Mediterranean Investment and Partnership (FEMIP).
According to Philippe de Fontaine Vive, EIB Vice-President, if all goes as planned a first instalment of €100 million will be released by end 2012. Four Tunisian banks and two leasing companies will benefit from the funding (Amen Bank, Attijari Bank, BTK and the Bank of Tunisia, as well as Tunisie Leasing and Attijari Leasing).
Tunisian media indicate that four other banks have been left out of the funding due to the connection between their directors and the ousted president and his family. The four banks are not eligible due to the fact that they submitted to an audit by the Central Bank of Tunisia and because they have “corrupt” members on their management board, according to the local media. (FB/transl.jl)