Central Bank of Tunisia Issues Memorandum on Interest Rate Reduction for Consumer Credits
The Central Bank of Tunisia (BCT) has published Memorandum No. 10 of 2025, outlining the application of the provisions of Article 2 of Article 412 ter (new) of Law No. 41 of August 2, 2024. This law, related to the revision of certain provisions of the Commercial Code, includes important measures concerning the reduction of fixed interest rates on consumer credits.
According to the BCT, these provisions are enforceable and do not require a supplementary decree for their application, as they are directly derived from the legislative text.
In this context, the BCT invites banking establishments to comply without delay with the new requirements of the law. It emphasizes the importance of paying particular attention to customer requests and processing them within the legal deadlines. Banks must ensure that these requests are managed in accordance with the current legislation, providing motivated responses when customers' situations do not meet the legal criteria.
Finally, the BCT notes that an implementation circular will be published to specify the modalities of implementing these new provisions. Banks must be prepared to adjust their internal practices and procedures to ensure compliance with the new legal requirements, while offering transparent and efficient services to consumers.
