Tunisia: BH, STB Will Not Be Privatised - Government Spokesman

Tunis — There is no question to privatise state-owned banks "Banque de l'Habitat" (BH) and "Société Tunisienne de Banque" (STB) or to layoff their employees, Spokesman for the interim Government Nidhal Ouerfelli said Friday in Kasbah.

He added in a statement to the press after a Cabinet meeting chaired by Prime Minister Mehdi Jomaa that a new strategy of state intervention in the banking sector will be launched over six months from May to October 2014 to later undertake the effective reform of the banking sector.

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