Business Law
Banking & Finance in Tunisia
Tunisia's banking and financial sector plays a central role in financing the economy, businesses and investment. Credit, financing, foreign exchange, payment and capital-market transactions are governed by specific regulation and, depending on their nature, supervised by the Central Bank of Tunisia (BCT), the Financial Market Council (CMF) and other competent authorities. Our firm advises banks, financial institutions, companies, investors, investment funds and international groups on structuring and legally securing financing transactions in Tunisia.
Banking & Finance in TunisiaBanking & Finance in Tunisia: key figures 2026
In 2026 the Tunisian market confirms the importance of bank financing while accelerating digital transformation. These trends increase legal stakes around financing, electronic payments, banking compliance, exchange-control rules and digitisation of financial services.
TND 123bn
outstanding bank and financial-institution credit to the economy at end-2025 (BCT data, 2026).
7%
BCT policy rate maintained at the Board meeting of 29 July 2026.
TND 7.39bn
withdrawal and deposit transaction value in Q1 2026 (+12.5% year-on-year).
TND 487.6m
mobile payments in Q1 2026 (+34.5% year-on-year; +67.1% in transaction count).
1,288
active merchant sites as at end-March 2026; electronic payments up 34.8% year-on-year.
Our Banking & Finance services
We advise clients across the financing lifecycle, from structuring through documentation to regulatory compliance.
Bank and corporate financing
We provide legal support in structuring, negotiating and documenting financing transactions, including:
- ✓Corporate loans
- ✓Medium- and long-term financings
- ✓Acquisition finance
- ✓Project finance
- ✓Syndicated loans and structured finance
- ✓Guarantees and security interests
Banking law and financial regulation
Law No. 2016-48 of 11 July 2016 on banks and financial institutions is one of the main pillars of Tunisia's banking framework.
- ✓Regulation applicable to banks and financial institutions
- ✓Licensing and operating conditions
- ✓Governance and regulatory compliance
- ✓Relations with the Central Bank of Tunisia
- ✓Prudential and regulatory obligations
- ✓Banking contracts and documentation
- ✓Compliance of financial products and services
Foreign exchange and cross-border operations
International financial operations must also be assessed against Tunisian exchange-control regulation.
- ✓Foreign-currency financings
- ✓International transfers
- ✓Foreign investment
- ✓Transactions with non-residents
- ✓Repatriation of capital and income
- ✓Cross-border payments
- ✓Legal structuring of international cash flows
Capital markets
We also advise companies and investors on Tunisian capital-markets transactions, including:
- ✓Securities offerings
- ✓Capital increases
- ✓Securities transactions
- ✓Initial public offerings
- ✓Investment transactions
- ✓Bonds and other financial instruments
- ✓Disclosure and compliance obligations
Specialised financing
We also handle specialised financing transactions, including:
- ✓Leasing
- ✓Factoring
- ✓SME financing
- ✓Guarantees and security interests
- ✓Structured finance
- ✓Project- and infrastructure-related financing
Banking & Finance news in Tunisia – 2026
BCT keeps policy rate at 7%
On 29 July 2026 the Central Bank of Tunisia's Board decided to maintain the policy rate at 7%, following a 50 basis-point cut decided in late 2025 effective from January 2026.
Legal relevance: policy-rate moves remain critical for companies using bank finance and for negotiating or restructuring financing terms.
Banking & Finance news in Tunisia – 2026
Q1 2026 confirms strong growth in mobile and electronic payments in Tunisia. Mobile payments reached TND 487.6 million, while loaded e-wallets exceeded 477,000.
This shift raises growing issues around payment-services regulation, compliance, user protection, cybersecurity and financial institutions' liability.
Banking & Finance news in Tunisia – 2026
Credit to the economy reaches TND 123 billion
According to the Central Bank of Tunisia's 2026 report, outstanding credit injected into the economy by banks and financial institutions reached nearly TND 123 billion at end-2025.
This level of financing underscores the importance of guarantees, security packages, debt restructuring and contractual protection in Tunisian banking transactions.
Banking & Finance news in Tunisia – 2026
Capital markets: foreign presence to watch
Early 2026, Tunis Stock Exchange market capitalisation reached about TND 39.5 billion at end-February, versus TND 34.7 billion at end-2025. Foreign ownership then represented about 17.7% of market cap.
This trend confirms foreign investors' interest in the Tunisian market and the need for upfront legal analysis of investment and financing transactions.
Legal expertise for financial transactions
Banking & Finance transactions require a blend of banking law, business law, company law, exchange-control regulation and financial law.
We are involved from structuring through negotiation and drafting of transaction documents, to closing and managing regulatory or dispute issues.
Our goal is to legally secure financing operations and help clients deliver projects in compliance with Tunisian law.
Banking & Finance insights
Our Banking & Finance coverage tracks major developments in Tunisia's banking and financial sector, including:
- ✓Banking regulation in Tunisia
- ✓Policy rate and corporate financing
- ✓Bank credit and guarantees
- ✓Exchange-control regulation
- ✓Electronic payments and digital finance
- ✓Foreign investment
- ✓Capital markets and listed transactions
- ✓Debt restructuring and refinancing
Planning a financing or banking transaction in Tunisia?
Considering a financing, investment or banking transaction in Tunisia?
Our team supports you with regulatory analysis, structuring and legal security for your transaction.
Frequently asked questions
Which financings do you support?+
Do you handle FX issues?+
Banking & Finance counsel
Financing, FX or capital markets: describe your transaction.