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Tuesday 21 September 2021
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Tunisia: BH in process of taking control of TFBank

We learnt from a generally well-informed source that is as close to the file that BH (Banque de l’Habitat) could take control of the TFBank (Tunisian Foreign Bank), the only Tunisian bank in France and Europe.

Last April, the Carep (Commission for restructuring and restructuring of public companies) had indeed declared unsuccessful the last call for tenders for the sale of 65% stake in the TFBank.

Recently, according to our source, the BH Board of Directors has validated the option, also accepted by the Ministry of Finance, to buy the shares of BCT (Central Bank) and STB in the capital of the TFBank, which the BH would take control…

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