Digital Financial Services
Introduction Digital Financial Services (DFS) have become a central pillar of economic development, particularly in emerging and developing economies. In the field of microfinance, DFS facilitate access to financial services for populations excluded from the traditional banking system, while reducing operating costs. This phenomenon is all the more significant in […]
RETROSPECTIVE 2024 REGULATION OF THE TUNISIAN FINANCIAL SECTOR
I. Banks In 2024, the Central Bank of Tunisia issued 14 circulars and 23 notes to banks and financial institutions, compared with 8 circulars and 24 notes in 2023. The main topics covered in 2024 and the related circulars were as follows: 1.Banks’ obligations with regard to cheque transactions (BCT […]
OVERVIEW OF TAKAFUL INSURANCE
I. TAKAFUL insurance Takaful insurance is based on the Islamic principles of solidarity and risk sharing. It operates on a participatory model in which members contribute to a common fund. In the event of a claim, this fund is used to compensate participants. Unlike conventional insurance, the Takaful model : […]
THE CONCEPT OF THE INDEPENDENT ADMINISTRATOR
I. Concept of the Independent Administrator The concept of the independent director originated in the USA, with the first recommendations on corporate governance issued by the Securities and Exchange Commission (SEC) in 1940. It was not until 1978 that US regulations required listed companies to set up audit committees composed […]
The Postal Bank: simply a competitor to traditional banks or a major player committed to financial inclusion?
I. The « Postal Bank» concept The concept of ‘’Postal Bank” refers to a financial institution that differs from traditional banks both in terms of objectives and characteristics: In terms of specific objectives, the main aims of the Postal Bank in developing countries are to: Broaden financial accessibility by offering […]
Perspectives of Inclusive Insurance
I. Introduction We have become “familiar” with Inclusive Finance and several national financial inclusion strategies have been defined and implemented in several countries around the world, particularly in countries where the rate of access to formal financial services is low. On the other hand, Inclusive Insurance, which should be a […]
Has the agricultural value chain model really contributed to the development of agricultural financing?
I. Introduction Agricultural value chains offer a model capable of making a significant contribution to the development of agriculture, insofar as they promote better coordination between the various players in the chain, such as producers, processors, distributors and retailers. This greater coordination leads to greater transparency and better risk management, […]
Integrating Climate Change into Banking Strategies
I. Introduction The consequences of climate change, such as rising sea levels, the occurrence of extreme weather events, the disruption of terrestrial and marine ecosystems, the acidification of the oceans, the reduction in biodiversity, etc., translate into a number of climate risks with a direct impact on the banking sector. […]
Crowdfunding : Source of Financing and Investment Opportunity
I. Introduction Crowdfunding, also known as participative financing, presents itself as a method of fundraising that allows individuals and businesses to seek financial contributions from a large number of people, in various forms of financing, typically through online platforms. It serves as an innovative alternative to traditional funding methods, providing […]
EDUCATION AND FINANCIAL INCLUSION
La mobilisation et la gestion des dépôts de la clientèle par les banques isllamiques