Bank & Insurance
Bank ABC: Sadiq el-Kebir comes to the Tunisian subsidiary’s rescue

Bank ABC: Sadiq el-Kebir comes to the Tunisian subsidiary’s rescue

Bank ABC (Arab Banking Corporation), a Bahraini financial institution chaired by Sadiq el-Kebir, last week granted a five-year, €50m loan to its Tunisian subsidiary to help it survive the economic crisis caused by the Coronavirus pandemic.

Someone shares this article with you
            ▪ Bank ABC: Sadiq el-Kebir comes to the Tunisian subsidiary’s rescue

▪ Bank ABC (Arab Banking Corporation), a Bahraini financial institution chaired by Sadiq el-Kebir, last week granted a five-year, €50m loan to its Tunisian subsidiary to help it survive the economic crisis caused by the Coronavirus pandemic.

http://www.jeuneafriquebusinessplus.com/en/804358/bank-abc-sadiq-el-kebir-au-secours-de-la-filiale-de-tunisie/

12/05/2020 at 21h21, by Jeune Afrique Business+

“This loan is a good indication of a return of confidence, because it shows that the parent company stands in solidarity with its Tunisian subsidiary,” Maher Zaanouni, founder of Cap Invest Partners, told Jeune Afrique Business+.

To read the article and discover your subscription benefits

You are connected to your Jeune Afrique account but your Jeune Afrique Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

Bank & Insurance

16/10/2019 at 17h08, by Jeune Afrique Business+, updated 22/10/2019

Banque de Tunisie et des Émirats borrows €17.7m to bolster its troubled privatisation

Banque de Tunisie et des Émirats is to issue 50m dinars (€17.7m) in bonds with a par value of 100 dinars.

Bank & Insurance

30/08/2019 at 18h12, by Jeune Afrique Business+

With UBCI, Tunisia’s Carte (Hassine Doghri) finally gets into the banking sector (€58m)

BNP Paribas and the Carte group signed an agreement on 28 August for the latter’s acquisition of 7,800,000...

Any questions ? contact us

Please get in touch with the Jeune Afrique Business+ team if you require any further information.

Email us : abonnements@jeuneafriquebusinessplus.com

Add JAB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add JAB+ on the home screen.

3. Enter the name of the shortcut and confirm.