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Wednesday 16 June 2021
HomeNewsTunisia: bank refinancing reaches 11.1 billion dinars, new record high for BCT

Tunisia: bank refinancing reaches 11.1 billion dinars, new record high for BCT

Due to the restrictive effect of the external sector deficit (-14.3 billion dinars at the end of November), the acceleration of imports has increased the banks’ reliance on the central bank for the purchase of foreign exchange to cover external commitments of economic agents.

As a result, the overall volume of bank refinancing with the BCT has hit a new record high.

It reached the amount of 11.11 billion dinars on Tuesday, December 12.

At the same date in 2016, the refinancing volume stood at 7.88 billion dinars.

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