Tunisian Foreign Bank Appoints New Board Member
The Tunisian Foreign Bank (TFBank) has made a change to its Board of Directors. Kaouthar Babia has been appointed as the representative of the State, replacing Adel Braham. Currently, Kaouthar Babia holds the position of Director of Financial Cooperation and Issuances within the Ministry of Finance. This appointment is part of the renewal of the State's representation within the bank's governance bodies. As a French-law establishment affiliated with the French Banking Federation, TFBank is distinguished by its unique capital structure. Its capital is held by Tunisian financial institutions, illustrating its anchorage in both international and national spheres.
History and Role of TFBank
Since its creation in 1977, the bank has played a role in developing economic and trade exchanges between Tunisia and France. It also supports Tunisians living abroad (TRE) in realizing their investment projects in France.
Operational Presence
On an operational level, TFBank has four agencies in France and an offshore branch in Tunis. This setup enables the bank to conduct activities in both the domestic market and internationally, in line with the needs of its clientele and the economic flows between the two countries.
