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Tuesday 15 June 2021
HomeNewsTunisia: BNA Bank successfully raises 70 million dinars on bond market

Tunisia: BNA Bank successfully raises 70 million dinars on bond market

Stock market intermediary BNA Capitaux on Wednesday announced that subscriptions for the subordinated bond of 50 million dinars likely to be increased to a maximum of 70 million, opened on May 31, 2021, were closed on June 09, 2021 for 70 million dinars.

The loan issued without recourse to the Public Call for Savings, aims at (i) preserving the adequacy between the maturities and the rates of the resources and the uses of the bank by backing long resources to long uses and (ii) reinforcing further the net equity of the Bank in application of the circular of the Central Bank of Tunisia No. 91-24 of 17/12/1991 which refers to the subordinated loans to define the complementary equity, components of the net equity.

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