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Agreement between UIB – Groupe Société Générale and Baobab Tunisia

UIB – Groupe Société Générale and Baobab Tunisia signed a financing agreement of 20 million dinars in the form of a loan granted for a period of 3 years. This agreement was signed on Thursday 11th June, 2020 between these two institutions represented by the General Directors of both sides, Mondher Ghazali and Sehl Zargouni.

This loan agreement further confirms the commitment of the banking sector to be a reference ally for the financing of the microfinance sector.

Notably through the financing of entrepreneurs who have become vulnerable due to the current economic and social conditions triggered by the existing Covid-19 health challenges around the world.

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