Financial and Banking News


Changes in Tunisian Offshore Banking Expected

A number of changes are being considered in the size and scope of banking in Tunisia, according to a recent press report from Tunis. Consultations are now underway on the establishment of a new development bank, a joint public- sector institution financed by the Tunisian and Bahraini governments similar to other ventures with Saudi Arabia, Qatar, the UAE, Kuwait, Libya and Algeria. Meanwhile the...