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Tunisian banks increase their capital
Tunisia, Business, 11/10/1999

Tunisian banks started increasing their capital to cope with procedures of reforming the banking industry in Tunisia, as the International Arab Bank, the largest private bank in the country, decided to increase its capital to 100 million dinars, from 80 million dinars, while the general subscription will be opened on December 22.

The private Tunisian Aman Bank also decided to increase its capital to 61 million dinars instead of 53 million dinars, as the subscription will be closed at the end of December.

Previous Stories:
  Tunis delays final date for selling commercial center   (9/28/1999)
  Tunis to host eighth conference for Arab businessmen   (9/25/1999)
  Tunis: Concluding Arab businesswomen's meeting   (8/20/1999)

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