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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.
