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Tuesday 22 June 2021
HomeNewsTunisia: “restructuring of public banks making significant progress” (Ridha Saidi)

Tunisia: “restructuring of public banks making significant progress” (Ridha Saidi)

The restructuring of state-owned banks has made considerable progress, Economic Advisor to the Prime Minister Ridha Saïdi, said in an interview with African Manager.

He also explained that the restructuring process focuses on good governance, the effectiveness of the funds injected and the compliance of these public financial institutions with international standards.

Ridha Saïd also said that the restructuring of state-owned banks is part of the reform strategy of public financial institutions, especially after the start of the internal audit process in 2013 and the mobilization in 2015 of resources of the order of 860 million dinars for recapitalization.

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