World Bank2013-09-302013-09-302006-07https://hdl.handle.net/10986/15937The joint International Monetary Fund/World Bank mission that visited Tunis from January 16 - 31 and March 27 - 31, 2006 as part of the Financial Sector Assessment Program (FSAP) update for Tunisia carried out a detailed analysis of the ability of the Tunisian banking sector to support the country's development objectives. Upon invitation of the Governor of the Central Bank of Tunisia (BCT), the mission organized three well attended workshops on: (i) the restructuring of nonperforming loans; (ii) management of public banks; and (iii) the use of information for financing Small Medium Enterprises (SMEs) and individuals. The Tunisian economy registered a strong performance over the past decade. With average real growth rates of 5 percent since 2000, real per capita income increased by 20 percent in a context of macroeconomic stability. In 2005, the rate of inflation declined to 2 percent and the fiscal deficit was brought down to around 3 percent. The current account deficit on the balance of payments narrowed considerably since 2000, to reach 1.3 percent of Gross domestic product (GDP) in 2005 in spite of further progress in trade liberalization.en-USCC BY 3.0 IGOACCESS TO CREDITACCOUNTINGACCOUNTING PRINCIPLEAMORTIZATIONANALYTICAL APPROACHASSET GROWTHAUDITINGAUDITSBALANCE SHEETBANK CREDITSBANK REGULATIONSBANK SUPERVISIONBANKING LAWBANKING SECTORBANKING SYSTEMBANKING SYSTEM ASSETSBANQUE DE FRANCEBENEFICIARIESBONDBOND PORTFOLIOBORROWERBROAD MONEYBUSINESS CYCLECAPITAL ADEQUACYCAPITAL INJECTIONSCASH FLOWCENTRAL BANKCLIENT BASECOLLATERALCOLLATERAL REGISTRATIONCOLLECTION ACTIONCOMMERCIAL BANKCOMMERCIAL BANKSCONNECTED LENDINGCONSUMER CREDITCONSUMER PRICE INDEXCREDIT BUREAUCREDIT CULTURECREDIT INSTITUTIONSCREDIT QUALITYCREDIT RISKCREDIT SCORINGCREDITORSCURRENT ACCOUNT DEFICITCURRENT PRICESDEBTDEBT RESTRUCTURINGDEBT RESTRUCTURING OPERATIONSDEBT SERVICEDEBT SERVICE RATIODEBT-EQUITYDEBT-EQUITY SWAPSDEBTORSDEBTSDEEDDEEDSDEFAULT RISKDEPOSITDEPOSIT MONEY BANKSDEPOSIT RATESDEPOSITSDIVIDENDSDUE DILIGENCEEFFECTIVE LIQUIDATIONELECTRONIC BANKINGEMPLOYMENTEQUIPMENTEQUITY CAPITALESTATEESTATE PROPERTYEXCHANGE RATEEXPOSUREEXPOSURESEXTERNAL AUDITORSEXTERNAL DEBTFACE VALUEFACTORINGFINANCIAL DATAFINANCIAL INFORMATIONFINANCIAL INSTITUTIONSFINANCIAL INSTRUMENTSFINANCIAL MARKETFINANCIAL RESTRUCTURINGFINANCIAL SECTORFINANCIAL SERVICEFINANCIAL STATEMENTSFINANCIAL SYSTEMFISCAL DEFICITFIXED ASSETSFOREIGN CURRENCYFOREIGN CURRENCY LOANSFOREIGN DIRECT INVESTMENTFOREIGN EXCHANGEFOREIGN INVESTORSGOOD GOVERNANCEGOVERNMENT DEBTGRACE PERIODHOUSINGHOUSING LOANSHUMAN RESOURCEHUMAN RESOURCE MANAGEMENTHUMAN RESOURCESILLIQUID MARKETSINDEBTEDNESSINFLATIONINFORMATION SERVICEINFORMATION SHARINGINFORMATION SYSTEMSINSTITUTIONAL INVESTORSINSTRUMENTINSURANCEINSURANCE COMPANIESINTANGIBLEINTANGIBLE ASSETSINTEREST EXPENSESINTEREST INCOMEINTEREST MARGININTEREST RATEINTEREST RATE SPREADINTEREST RATESINTERNAL CONTROLINTERNAL CONTROLSINTERNATIONAL BEST PRACTICEINTERNATIONAL COMPETITIONINTERNATIONAL COOPERATIONINTERNATIONAL STANDARDSINVESTMENT FINANCINGJUDICIAL SALESJUDICIAL SYSTEMLAND REGISTRYLARGE DEBTORSLEGAL FRAMEWORKLIQUID ASSETSLIQUIDATIONLIQUIDATION PROCEDURESLIQUIDITYLIQUIDITY RATIOLOANLOAN LOSSLOAN LOSS PROVISIONINGLOAN PORTFOLIOLOAN PORTFOLIO QUALITYLOAN PORTFOLIOSLOCAL BANKSMACROECONOMIC STABILITYMANDATESMARKET DISCIPLINEMARKET RISKMERGERSMINIMUM CAPITAL REQUIREMENTSMONEY LAUNDERINGMONEY MARKETMONEY MARKET RATEMORAL HAZARDMORTGAGEMORTGAGESMOVABLE COLLATERALNATIONAL SAVINGSNEW MARKETNEW MARKETSNEW PRODUCTNON-PERFORMING LOANSNONPAYMENTNONPAYMENT OF DEBTNONPERFORMING LOANNONPERFORMING LOANSNPLOFFSHORE BANKSOPERATING COSTSOPERATING INCOMEOUT-OF-COURT SETTLEMENTSPARTIAL RESTRUCTURINGPENSIONPENSION FUNDSPORTFOLIOPORTFOLIO QUALITYPRIVATE BANKSPRIVATE CREDITPRIVATE CREDIT BUREAUPRIVATE DEVELOPMENT BANKSPRIVATE INVESTMENTPRIVATE SECTOR BANKSPRIVATIZATIONPROFITABILITYPROVISIONING RULESPRUDENTIAL FRAMEWORKPRUDENTIAL FRAMEWORKSPRUDENTIAL REGULATIONSPUBLIC BANKPUBLIC BANKSPUBLIC DEBTPUBLIC ENTERPRISESREAL ESTATEREAL ESTATE COLLATERALREAL GROWTH RATESREGULATORY AUTHORITIESREGULATORY CAPITALREGULATORY FRAMEWORKREPAYMENTREPAYMENT CAPACITYRESERVESRESTRUCTURING PLANRESTRUCTURING PROGRAMRETURNRISK MANAGEMENTSECURITIESSHAREHOLDERSHAREHOLDERSSHORT-TERM LIABILITIESSOLVENCYSTOCK EXCHANGESTOCK EXCHANGE LISTINGSTOCK MARKETSTOCK MARKET CAPITALIZATIONSTOCK MARKET INDEXTAXTAX EXEMPTIONTERRORISMTITLETITLESTRADE BALANCETRADE LIBERALIZATIONTRANSACTIONTRANSPARENCYTREASURYUNEMPLOYMENT RATEUNIVERSAL BANKVENTURE CAPITALWorld Bank10.1596/15937