Proparco Strengthens its Commitment to International Commerce in North Africa by Partnering with the Union Bancaire pour le Commerce et l'Industrie (UBCI)

UBCI Expands its Offer to its Client Base and Strengthens its Counterparty Lines with International Banking Correspondents

On May 12, 2025, in Tunis, Proparco signed an agreement for a €30 million Trade Finance guarantee line. This signing ceremony, attended by Her Excellency Anne Guéguen, Ambassador of France to Tunisia, reinforces a long-standing partnership between the two institutions.

Securing International Transactions and Supporting Economic Growth

This operation will secure international transactions and exchanges for Tunisian businesses, thereby promoting value-added creation and supporting the country's economic growth-constrained financing environment.**

In a context of Constrained Financings, UBCI Holds a Key Position in Tunisia's Trade Finance Sector. Its Integration into Proparco's Network will Strengthen its Capabilities to Support Large Enterprises, SMEs, and VSEs in Tunisia, Offering them the Necessary Tools to Secure their International Operations, Particularly in Strategic Sectors such as Agri-Food, Industry and Distribution.

**"By Joining Proparco's Trade Finance Program, UBCI Reaffirms its Commitment to Supporting the Economy and Internationalization of Tunisian Businesses. This Strategic Partnership will Enable us to Better Accompany our Clients in their External Trade Financing Needs and Reinforce our Role as a Key Player in Sustainable Economic Development in Tunisia," added Mohamed Koubaa, General Manager of UBCI is Delighted to Join Proparco's Trade Finance Program, the First Tunisian Bank to do so, and will Benefit Local Businesses that can Import Essential Goods for Value-Added Creation, Better Responding to the Needs of the Local Economic Fabric and its SMEs," said Frédérique Masi, Regional Director for North Africa at Proparco.