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Central Bank: 2019 will be difficult for Tunisian banks

Tunisia's financial and political quarters worry about an imminent liquidity crisis threatening the banking sector.
Tunisia's Central Bank governor Marouane El Abassi arrives at a news conference in Tunis, Tunisia, February 20, 2019. REUTERS/Zoubeir Souissi - RC1CFDF02380

TUNIS — Tunisian Central Bank Gov. Marwan al-Abbasi acknowledged publicly for the first time at a hearing held May 13 by the parliamentary commission on general legislation that the banking sector is facing a liquidity crisis.

Abbasi warned in statements May 13 carried by Radio Shams FM that the year 2019 will be difficult for Tunisian banks amid the dry-up of liquidity. He noted that this crisis could push banks to refrain from meeting all of their loan demands compared to 2017 and 2018 when liquidity was available.

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