Zouhaier Tamboura seeking cash from the EBRD for leasing firm ATL

Zouhaier Tamboura seeking cash from the EBRD for leasing firm ATL

The company, which occupies third place in Tunisia’s struggling leasing market, is negotiating a new cheque from the European institution.

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            ▪ Zouhaier Tamboura seeking cash from the EBRD for leasing firm ATL

▪ The company, which occupies third place in Tunisia’s struggling leasing market, is negotiating a new cheque from the European institution.

https://www.jeuneafriquebusinessplus.com/en/806314/zouhaier-tamboura-seeking-cash-from-the-ebrd-for-leasing-firm-atl/

08/12/2020 at 11h13, by Jeune Afrique Business+

After an initial gesture of support from Proparco at the beginning of December to the tune of €15m, the management at Arab Tunisian Lease (ATL) – led by Zouhaier Tambour since July – is now waiting for final approval from the European Bank for Reconstruction and Development (EBRD) for a €5m financing, equivalent to 16.38m Tunisian dinars. The loan will be subject to “normal” financial conditions, according to one of our sources within ATL.

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