Banque Internationale Arabe De Tunisie
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Banque Internationale Arabe De Tunisie
Banque Internationale Arabe de Tunisie (BIAT) is the largest private sector bank in Tunisia. It is listed on the Tunisian Stock Exchange (''Bourse de Tunis''). Overview The Banque Internationale Arabe de Tunisie was founded in 1976, as a result of a merger of the Tunisian branches of the Société Marseillaise de Crédit and the British Bank of the Middle East. It is headquartered in Tunis, Tunisia. It has 185 offices in Tunisia and 1 office in Libya. It has announced it will open additional branches in Algeria and Morocco.Juan Sole, Patricia D Brenner, J. E. J. De Vrijer, Marina Moretti, A. Senhadji Semlali, Gabriel Sensenbrenner, Amor Tahari, ''Financial Sector Reforms and Prospects for Financial Integration in Maghreb Countries'', International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated missi ...
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Nouveau Siège De La BIAT REF 5163
A ''nouveau'' ( ), or ''vin (de) primeur'', is a wine which may be sold in the vintage, same year in which it was harvested (wine), harvested. The most widely exported ''nouveau'' wine is French wine Beaujolais nouveau, Beaujolais ''nouveau'' which is released on the third Thursday of November, often only a few weeks after the grapes were harvested. ''Nouveau'' wines are often body (wine), light bodied and paler in color due to the very short (or nonexistent) maceration (wine), maceration period followed by a similarly short fermentation (wine), fermentation. The wines will most likely not be exposed to any oak (wine), oak or extended aging prior to being released to the market. ''Nouveau'' wines are characteristically fruity and may have some residual sugar. They are at their peak drinkability within the first year. As of 2005, there were 55 AOCs in France permitted to make ''nouveau'' wines.T. Stevenson ''"The Sotheby's Wine Encyclopedia"'' pg 56 Dorling Kindersley 2005 ''V ...
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Private Sector
The private sector is the part of the economy, sometimes referred to as the citizen sector, which is owned by private groups, usually as a means of establishment for profit or non profit, rather than being owned by the government. Employment The private sector employs most of the workforce in some countries. In private sector, activities are guided by the motive to earn money. A 2013 study by the International Finance Corporation (part of the World Bank Group) identified that 90 percent of jobs in developing countries are in the private sector. Diversification In free enterprise countries, such as the United States, the private sector is wider, and the state places fewer constraints on firms. In countries with more government authority, such as China, the public sector makes up most of the economy. Regulation States legally regulate the private sector. Businesses operating within a country must comply with the laws in that country. In some cases, usually involving multina ...
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Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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Tunisia
) , image_map = Tunisia location (orthographic projection).svg , map_caption = Location of Tunisia in northern Africa , image_map2 = , capital = Tunis , largest_city = capital , coordinates = , official_languages = Arabic Translation by the University of Bern: "Tunisia is a free State, independent and sovereign; its religion is the Islam, its language is Arabic, and its form is the Republic." , religion = , languages_type = Spoken languages , languages = Minority Dialects : Jerba Berber (Chelha) Matmata Berber Judeo-Tunisian Arabic (UNESCO CR) , languages2_type = Foreign languages , languages2 = , ethnic_groups = * 98% Arab * 2% Other , demonym = Tunisian , government_type = Unitary presidential republic , leader_title1 = President , leader_name1 = Kais Saied , leader_ti ...
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Bourse De Tunis
The ''Bourse des Valeurs Mobilières de Tunis'' (BVMT) or ''Bourse de Tunis'' ( ar, بورصة تونس) is a stock exchange based in Tunis, Tunisia. It was founded in 1969, and currently lists around 50 stocks. The exchange is under the control of the state-run Financial Market Council. The government has provided tax breaks to increase the number of listings, but companies have been slow in going public. The creation of the award was in February 1969. Although this creation is relatively old, the role of the stock market in financing Tunisia's economy has remained limited or insignificant due to the dominance of the state and banks . This results in significant levels of money creation and inflation. This period is characterized by ease of access to bank loans and state aid, a very advantageous remuneration of deposits with banks that are regulated, protected and exempt income and a fairly heavy taxation of stock market investments. The award will be increasingly seen as a re ...
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Société Marseillaise De Crédit
Société Marseillaise de Crédit (SMC) is a bank in France. History The Société Marseillaise de Crédit was created in 1865 by Joseph Grandval, Victor Roux, Albert Rostand and Armand Bergasse.History
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Its first chairman was Jean-Baptiste Pastré. In 1880, its headquarters was built in by Léon Verdier. Its first neighbourhood branch was opened in 1909.
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British Bank Of The Middle East
HSBC Bank Middle East Limited is the largest and most widely represented international bank in the Middle East. History The Imperial Bank of Persia (Persian: بانک شاهنشاهی ایران; Bank-e Šâhanšâhi-ye Irân) was a British bank that operated as the state bank and bank of issue in Iran (formerly known as Persia until 1935) between 1889 and 1929. It was established in 1889 with a concession from the Persian government to Baron Julius De Reuter (born Israel Beer Josaphat), a German Jewish banker and businessman who later became a Christian and a British subject. The bank was the first modern bank in Iran and introduced European banking ideas to a country in which they were previously unknown. The legal centre of the bank was in London and whilst it was subject to British law, its activities were based in Tehran. It also had operations in other Middle Eastern countries. In 1952, the bank abandoned the Iranian market and it was later renamed British Bank of the M ...
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Tunis
''Tounsi'' french: Tunisois , population_note = , population_urban = , population_metro = 2658816 , population_density_km2 = , timezone1 = CET , utc_offset1 = +01:00 , timezone1_DST = , utc_offset1_DST = , postal_code_type = Postal code , postal_code = 1xxx, 2xxx , area_code_type = Calling code , area_code = 71 , iso_code = TN-11, TN-12, TN-13 and TN-14 , blank_name_sec2 = geoTLD , blank_info_sec2 = .tn , website = , footnotes = Tunis ( ar, تونس ') is the capital and largest city of Tunisia. The greater metropolitan area of Tunis, often referred to as "Grand Tunis", has about 2,700,000 inhabitants. , it is the third-largest city in the Maghreb ...
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Libya
Libya (; ar, ليبيا, Lībiyā), officially the State of Libya ( ar, دولة ليبيا, Dawlat Lībiyā), is a country in the Maghreb region in North Africa. It is bordered by the Mediterranean Sea to the north, Egypt to the east, Sudan to the southeast, Chad to the south, Niger to the southwest, Algeria to the west, and Tunisia to the northwest. Libya is made of three historical regions: Tripolitania, Fezzan, and Cyrenaica. With an area of almost 700,000 square miles (1.8 million km2), it is the fourth-largest country in Africa and the Arab world, and the 16th-largest in the world. Libya has the 10th-largest proven oil reserves in the world. The largest city and capital, Tripoli, is located in western Libya and contains over three million of Libya's seven million people. Libya has been inhabited by Berbers since the late Bronze Age as descendants from Iberomaurusian and Capsian cultures. In ancient times, the Phoenicians established city-states and tradin ...
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Algeria
) , image_map = Algeria (centered orthographic projection).svg , map_caption = , image_map2 = , capital = Algiers , coordinates = , largest_city = capital , religion = , official_languages = , languages_type = Other languages , languages = Algerian Arabic (Darja)French , ethnic_groups = , demonym = Algerian , government_type = Unitary semi-presidential republic , leader_title1 = President , leader_name1 = Abdelmadjid Tebboune , leader_title2 = Prime Minister , leader_name2 = Aymen Benabderrahmane , leader_title3 = Council President , leader_name3 = Salah Goudjil , leader_title4 = Assembly President , leader_name4 = Ibrahim Boughali , legislature = Parliament , upper_house = Council of the Nation , lower ...
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Morocco
Morocco (),, ) officially the Kingdom of Morocco, is the westernmost country in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, and has land borders with Algeria to the east, and the disputed territory of Western Sahara to the south. Mauritania lies to the south of Western Sahara. Morocco also claims the Spanish exclaves of Ceuta, Melilla and Peñón de Vélez de la Gomera, and several small Spanish-controlled islands off its coast. It spans an area of or , with a population of roughly 37 million. Its official and predominant religion is Islam, and the official languages are Arabic and Berber; the Moroccan dialect of Arabic and French are also widely spoken. Moroccan identity and culture is a mix of Arab, Berber, and European cultures. Its capital is Rabat, while its largest city is Casablanca. In a region inhabited since the Paleolithic Era over 300,000 years ago, the first M ...
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International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billi ...
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