The Central Bank of Tunisia (BCT) ranked second globally in terms of gender equality. The
Tunisian regulatory body is therefore a reference in terms of gender equality, ranking first on the African continent and, of course, in the MENA.
The Official Monetary and Financial Institutions Forum (OMFIF) index annually ranks central banks, commercial banks, sovereign wealth funds and public pension funds on gender equality.
Tunisia is the only North African country to make it into the Top 10 on the continent. With a score of 94, the BCT climbs up four spots compared to the previous edition thanks to the improvement of the gender balance in their management and their boards of directors (BoD).
On the continent, the Central Bank of Seychelles is second, ranking 5th in the international classification with a score of 88. The last place on the African podium goes to Namibia, whose central institute ranks 13th internationally with a score of 81.
Fourth on the African continent, the Central Bank of Cape Verde moved up forty places to 16th internationally.
It is followed by the regulatory body of Mozambique (29th) and Rwanda (30th).
Zambia’s issuing institution is seventh in Africa, ranking 46th in the world. The Central Bank of Lesotho (57th) is eighth in Africa, followed by the Central Bank of Zimbabwe (62nd) and Sierra Leone (70th).
Even if parity is progressing slowly within the BCT, the institution remains a model for MENA countries. The Tunisian regulator ranks first in the region and far exceeds the Central Bank of Bahrain, which ranks 61st in the international rankings. It is followed by the Central Bank of &Ecuador (76th) and the Moroccan institution (85th), Bank Al-Maghrib (BAM).
The Central Bank of Jordan is sixth in the MENA region, by ranking 111th among central institutions in the world. Iraq’s issuer (136th) is seventh, surpassing Oman (144th) and Kuwait (149th). The Bank of Algeria (159th) closes the top 10 in the MENA region.
Internationally, Tunisia ranks after the Federal Reserve of San Francisco, first in the world with a score of 97, but manages to exceed the Federal Reserve of Richmond (3rd).
The BCT is making its way through the two American institutes in achieving its parity goals.
