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Tunisian South Bank achieves profits of 5.87 million dinars
Tunisia, Business, 10/29/1997
The Tunisian South Bank which is the 6th biggest bank in Tunisia achieved profits worth 5.87 million dinars during the first half of the current year with an increase of 36.61% compared to a 4.23% increase during the same period last year.
Public subscription to increase the capital of the bank from 75 million dinars to 100 million dinars ($89 million) was completed. This is the first operation to privatize a state-owned bank within the government's policy to free the Tunisian economy.
Previous Stories:
New oil pipeline in Tunisia
(10/28/1997)
Privatization includes 88 Institutions in Tunisia
(10/3/1997)
Tunisian Airlines carried 2.2 million travelers through August
(9/29/1997)
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