The Tunisian authorities have renewed their efforts to sell the country's sixth-largest commercial bank, Banque du Sud. On May 16, a data room at the bank's head office was reopened. A month later, Tunisia's largest private-sector bank, Banque Internationale Arabe de Tunisie (BIAT), expressed interest in the bank on behalf of one of its foreign shareholders. Other interested parties include France's BNP Paribas and a consortium involving Banque Commerciale du Maroc and Spain's Santander.
The Tunisian...
