The banking sector led the revenues of companies listed on the Tunisian stock exchange during the first half of this year, despite recent concern about the shrinking ability of banks to finance projects.
Twelve banking institutions achieved a total net output of 3.5 billion dinars ($1.12 billion) between January and June, recording a growth of 5.7 percent year-on-year.
There are 23 resident banks and 7 non-resident banks operating in the Tunisian market, in addition to other financial institutions, with more than 1,860 branches spread across all the country’s governorates.
Source (Al-Arab Newspaper of London, Edited)
