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Friday 17 September 2021
HomeNewsTunisia: French BFCM replaces Royal Luxembourg in BT

Tunisia: French BFCM replaces Royal Luxembourg in BT

It’s official, the foreign investment fund “Royal Luxembourg,” which was temporarily declared purchaser of 13% of the “Banque de Tunisie” (BT), within the framework of the tender for the sale of the share capital of the BT after confiscation, was definitely ruled out.

According to the Governor of the Central Bank of Tunisia, it is the French bank “Banque Federative du Credit Mutuel (BFCM) that has finally acquired the 13% of BT.

The new owner would have aligned with the offer made by “Royal Luxembourg” and therefore won the bid at a price of 14.850 DT/share.

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