BNA Bank opens a subordinated bond of up to TND 100 million

BNA Bank is issuing a TND 70 million subordinated bond, which can rise to TND 100 million, by private placement in bonds of TND 100 each. Subscriptions open on 10 November and close by 25 November, with an extension to 4 December if less than TND 70 million is raised. The bank says the issue is to strengthen its net capital and risk concentration ratios.

Why it matters

Tunisian banks are turning to the local bond market to meet central bank capital rules.

Source: African Manager · 7 November 2026

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