BTK Bank has issued a subordinated bond loan called “BTK Subordonné 2026-1” for an amount of 30 million dinars, divided into 300,000 subordinated bonds with a par value of 100 dinars, and this without a public call for savings.
The bond was issued under the following conditions:
· Term: 5 years
· Variable Interest Rate: MMR+1.90% gross per year
· Amortization: Constant annual installments from the 1st to the 5th year
Subscriptions to this subordinated bond opened on 02/24/2026 and will close no later than 03/31/2026.
They may be closed without prior notice as soon as the issue amount (30 million dinars) is fully subscribed.
The issuance of the subordinated bond loan “BTK Subordonné 2026-1” will allow the bank to strengthen its equity capital and thus improve its solvency and risk concentration ratios, in accordance with the provisions of the prudential rules set forth by the Central Bank of Tunisia, and notably the requirements of circular No. 2016-03 of July 29, 2016, intended for banks and financial institutions.
