PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

605056

Primary Business Area

Financial Institutions Group

Disclosure Date

Dec 12, 2021

Country

Tunisia

Region

Africa

IFC Approval Date

Jun 30, 2020

Status

Active

Estimated Total Budget

$994,999.00
(Project budget includes all project-funded activities)

Last Updated Date

Sep 30, 2022

Project Estimated Start Date

Jul 1, 2020

Project Estimated End Date

Jul 28, 2023

Project Description

IFC will support the Central Bank of Tunisia (BCT) to revamp the Public Credit Registry (Centrale des Risques), towards becoming a tool for the institutional functions of the BCT, while giving the space for the private credit bureau (PCB) to be positioned to supply the lenders with more sophisticated and more effective risk management services and tools. In parallel, IFC will also advocate for the right enabling environment for Private Credit Bureau (PCB). IFC will also develop a psychometric scoring tool for the financial market, and to pilot it by exploring the inclusion of new forms of data (ex. Big Data, Fintech data, psychometrics, etc.) into the credit reporting system along with other more mature credit reporting markets at the regional level.

Development Results

E&S Risks / Impacts and Mitigation