Tunisia asks judiciary to dissolve, liquidate French-Tunisian Bank

The French-Tunisian Bank, one of the oldest banks in Tunisia, is the first Tunisian bank to declare bankruptcy due to financial problems after it could not be rescued.
Tuesday 01/03/2022
Banque Franco Tunisienne

TUNIS - Tunisia said on Monday it had sent a report to the judiciary to issue a ruling to liquidate and dissolve the French-Tunisian Bank, one of the oldest banks in Tunisia after it could not be rescued.

The Committee for the Rescue of Troubled Banks headed by the central bank governor said it noted the bank stopped paying and that it could not be rescued.

This is the first Tunisian bank to declare bankruptcy due to financial problems that have accumulated for years.