The banking law expert Mohamed Nakhili estimated that banks should begin, within a two-to-three-week timeframe, to accept requests for loans of honor. He stated that banking institutions had reserved the necessary credits since the adoption of the new Article 412-ter, introduced as part of the 2024 revision of the Commercial Code, and that they are currently working to finalize the final procedures.
Mohamed Nakhili explained that these honor loans are intended for several categories. Individuals will be able to benefit from consumer loans up to 5,000 dinars, while those launching small projects will be able to obtain investment loans up to 10,000 dinars. Small and medium-sized enterprises as well as community enterprises will, for their part, have access to investment credits up to 25,000 dinars.
These financings will be granted on a priority basis, without guarantees, without interest, and without commissions.
The banking law expert also indicated that banks that do not comply with the provisions of Decree No. 148 of 2026 concerning the granting of honor loans would be subject to progressive financial sanctions, potentially up to the withdrawal of 10% of their minimum capital.
Mohamed Nakhili finally confirmed that banks had already allocated 8% of their profits to financing these loans. They are currently finalizing certain procedural provisions, ahead of the launch of their disbursement planned for the beginning of September.
