Q: The Tunisian banking sector has suffered in recent times from under-capitalisation and a lack of liquidity. What is the status now?
A: That was the case three or four years ago, mainly with our state-owned banks, but with the World Bank’s technical assistance we have increased the capital of these three banks. It is not exactly to the level of the private banks but they are moving in the right direction. There is some pressure on liquidity, but what we’re trying to do is maintain pressure on the banks to be competitive. Sometimes it is working and sometimes it is not.