EBRD And EU Provide €10M Green Loan To Amen Bank, Supporting Tunisian MSMEs And Promoting Equal Access To Climate Finance

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have signed a €10 million senior unsecured loan with Amen Bank, one of Tunisia’s leading private banks. This is the first loan under the EBRD’s Green Economy Financing Facility in Tunisia and will allow Amen Bank to provide on-lending to the Tunisian private sector, including micro, small, and medium-sized enterprises (MSMEs), while promoting equal access to green finance for women and men. The initiative supports Tunisia’s transition to a green economy by increasing financing for low-carbon and climate-resilient technologies and services.

The loan is accompanied by a technical cooperation package funded by the EBRD and EU. This package will help Amen Bank with project preparation, implementation, verification, and monitoring, as well as provide training and capacity-building for its staff to promote equal access to climate finance. Additionally, the EU will provide investment incentive grants upon successful completion and verification of green investments.

These grants are designed to encourage eligible MSMEs to adopt advanced climate technologies more quickly. The financing is also supported by the Currency Exchange Fund (TCX), a facility backed by the EU that strengthens financial markets in developing economies and offers foreign exchange hedging to Tunisian banks at reduced costs.

Amen Bank is a joint-stock company with a share capital of 174.6 million Tunisian dinars, 66.44 per cent of which is owned by the Amen Group, a leading private financial institution in Tunisia known for its commitment to innovation, performance, and long-term client support. In June 2025, Amen Bank was ranked as the sixth-largest bank in Tunisia, holding a market share of 8.5 per cent in both outstanding deposits and loans. Since beginning operations in Tunisia in 2012, the EBRD has invested €2.9 billion in 83 projects across the country, with 66 per cent of these investments focused on the private sector.