Tunisia: BFT liquidation to be heard on 1 March

Following the breakdown in negotiations between the parties, the Court of First Instance of Tunis is now considering liquidating the Banque franco-tunisienne (BFT).

25/02/2022 at 15h53, by Mathieu Galtier

This is the latest episode in a dispute that dates back to 1989. Then, the Tunisian state decided to recover the shares (53٫6%) of the Arab Business Consortium International Finance and Investment Company (ABCI Investments) in the Banque franco-tunisienne (BFT).

Recommended articles

Bank & Insurance

08/01/2024 at 16h44, by Africa Business+

Bank & Insurance

23/04/2021 at 18h01, by Africa Business+

BFT case: Elected officials offer ABCI guaranteed investments as compensation

The Tunisian state, having been declared responsible of forced expropriation by Cirdi in the BFT case,...

Bank

04/06/2020 at 18h40, by Gaëlle Arenson

ABCI/BFT expropriation dispute: Tunisia recognises ICSID tribunal since the lifting of seizure orders on STB assets

Requests in August 2019 for precautionary seizures on the assets of Société Tunisienne de Banque (STB)...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com