Tunisian Solidarity Bank to Hold Ordinary General Assembly
The Tunisian Solidarity Bank (BTS) is set to hold its Ordinary General Assembly (AGO) on Thursday, April 30, 2026. At the heart of the resolutions to be submitted to the shareholders is a major proposal: the distribution of a dividend of 1 TND per share for the 2025 fiscal year.
Key Highlights of the Proposal
- This proposal confirms the BTS's anchorage in a period of profitability, with a net profit of 10.545 million TND for the year.
- It testifies to the financial solidity of the institution, given the strict rules imposed by the Central Bank of Tunisia to reward the shareholders of credit establishments.
Renewal of Board Members and New Appointments
The AGO will also be called upon to renew the terms of office of administrators. Notably, it is proposed to reappoint Raja Ben Sassi and Kamel El Enoubli, and to appoint Nabil Friaa as an independent administrator, with the mission of chairing the audit committee. This appointment strengthens the bank's control and good governance mechanisms.
Financing Future Development
Furthermore, to finance its future development, the BTS management will request the AGO's authorization to issue one or more bond loans on the local market, for a maximum total amount of 50 million TND. This envelope, to be mobilized before the next AGO ruling on the 2026 accounts, will give the bank increased financial flexibility to support the growth of its credit portfolios. These resources will also enable it to improve its positioning as a key player in the financing of micro-projects and financial inclusion in Tunisia.
