The General Management of BIAT decided, on November 3, 2025, to issue the subordinated bond loan without public offering for savings — “BIAT Subordinated 2025-2” — with an amount of 100 million dinars, which may be increased to a maximum of 150 million dinars, to be subscribed by identified investors.
The total loan amount is divided into 1,000,000 subordinated bonds, which may be increased to a maximum of 1,500,000 subordinated bonds, each with a nominal value of 100 dinars.
Subscriptions and payments for this subordinated bond loan will be accepted from November 10, 2025, at BIAT branches and will close no later than November 28, 2025.
Subscriptions may be closed earlier if the maximum amount (150 million dinars) is fully subscribed. The issuance of the subordinated bond loan “BIAT Subordinated 2025-2” will enable BIAT to strengthen its own funds and improve its risk concentration ratios, in accordance with the prudential regulations set by the Central Bank of Tunisia, particularly those specified in circular No. 2016-03 of July 29, 2016, relating to banks and financial institutions.
