The value of non-performing loans at Tunisian public banks has reached 6.87bn dinars ($2.32bn) in the North African country, which is suffering a severe financial crisis.
The loans are distributed among major state-owned banks, including the Societe Tunisienne de Banque (STB), BH Bank, and the National Agricultural Bank (BNA), according to the TAP state news agency.
The large volume of non-performing debt highlights the worsening governance crisis in the country’s public banking sector.
Tunisian banks have been under pressure in recent years due to the economic slowdown and a difficult business environment that has affected borrowers’ ability to repay.
The amount of non-performing loans represents approximately half of what the government is seeking to collect from criminal settlement cases involving businessmen accused by the government of corruption.
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