name: Zitouna Bank
Zitouna Bank (Banque Zitouna) is the first Islamic bank in Tunisia and the Maghreb region (North Africa) with a total capital of 30 million US dollars, aiming to develop Islamic loans and savings products for businesses and individuals.
Zitouna Bank was founded in 2009 by Mohamed Sakher El Materi, Chairman of Tunisian businessman El Materi Holding Company. The bank plans to open 20 branches every year and expand its business from Tunisia to neighboring countries.
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