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BFPME: an Extraordinary General Assembly scheduled for next 14th

04/09/2023
Source : ORISHAS FINANCE
Categories: Companies

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L'Assemblée Générale Extraordinary (AGE) of the Bank for Financing Small and Medium-Sized Enterprises (BFPME) will be held on Thursday, September 14, 2023. On the occasion, a decision will be held on the decision not to dissolve the Bank and on the powers to complete the necessary formalities of filing, registration and legal publicity

.

A statement made public on the Tunis Stock Exchange website, indicated that any shareholder who cannot appear at the Assembly meeting may be represented by means of a written proxy to be presented on the day of the Meeting or to be filed at the Bank's headquarters five days before the date of the Meeting. The meeting will come at a time when the bank is facing great difficulties. A study by the Tunisian Institute for Strategic Studies (ITES), published in June 2023, highlighted the difficulties faced by SMEs due to excessive bank interest rates, the difficulty of accessing financing and the high level of guarantees required by banks (251.5%

in 2021).
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