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TUNISIA Finance Issue dated 24/06/2020

TFBank tries to reassure France's banking watchdog but still needs fresh capital

The Paris-based, state-owned Tunisian bank is overhauling its management structure and its anti-fraud procedures in an attempt to meet the concerns of France's prudential control authority but still needs to find €19m to comply with legal capital adequacy ratios. [...] (469 words)
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