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HomeNewsTunisia: TLF Group's results up by 29%

Tunisia: TLF Group’s results up by 29%

Tunisia Leasing & Factoring Group has validated, for the 7th consecutive time, its continuous compliance with the MSI 20000 standard. In this regard, TLF was awarded the technical reports of annual evaluation and the certificate of compliance with the MSI 20000 standard in a ceremony held recently in the presence of its CEO, Hichem Zghal, and representatives of the certification body.

On the level of the volume of activity, the financial year 2021 saw a stabilization of the global level of the products resulting from the ordinary activities of leasing and factoring, up to 110,8 MD.

Benefiting, among other things, from a significant reduction of the cost of risk in 2021, TLF has been able to keep a satisfactory level of operating profitability, and a net result up by more than 29%.

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