National Development Bank and Financing of SMEs in Tunisia: The Case of Banque de Financement des Petites et Moyennes Entreprises (BFPME)

Mondher Khanfir () and Charles Odoom ()
Additional contact information
Mondher Khanfir: Think Tank “For a Shared Prosperity in Africa”
Charles Odoom: Management Consulting and Private Sector Development Advisory

Chapter Chapter 9 in Perspectives on Development Banks in Africa, 2024, pp 201-218 from Springer

Abstract: Abstract This chapter explores the system of national development banks and the financing of small and medium enterprises (SMEs) in Tunisia, with a specific focus on the Banque de Financement des Petites et Moyennes Entreprises (BFPME). The Bank was established with the explicit mandate to provide financing to micro-enterprises and industrial SMEs, and to achieve sustainable economic development in Tunisia. In general, the chapter confirms that SMEs play a crucial role in boosting economic growth in the country. However, SMEs are limited by the lack of access to finance. While the government of Tunisia has provided significant support to developing national policy, BFPME drives sustainable economic growth through favourable financial support that empowers SMEs based on three phases, including creation, growth and restructuring. The Bank operates a wholesale lending business model under strict regulatory and institutional arrangements, corporate governance mechanisms and strong risk management frameworks.

Keywords: National development banks; SME financing; Development finance institutions; Tunisia (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-59511-0_9

Ordering information: This item can be ordered from
http://www.springer.com/9783031595110

DOI: 10.1007/978-3-031-59511-0_9

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().