According to bank documents, the investment involves the provision of a EUR 5 million loan to Arab Tunisian Lease ("ATL") for on-lending to micro, small and medium-sized enterprises (MSMEs) in Tunisia.
The proposed project targets MSMEs in Tunisia, which are the core of the Tunisian economy, but remain underserved by the banking sector. The proposed project will support ATL in addressing the funding needs of the local MSMEs' for capex purposes.
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