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PROFILE

BEST Bank was established as part of the Tunisian Government's policy which aims to Encourage Arab and Islamic investment in Tunisia and to develop socioeconomic relations between Arab and Islamic countries. With in This context BEST Bank has endeavored to consolidate economic development and progress in Tunisia, in particular, as well as in other Arab and Islamic countries in accordance with the following objectives:

Operate as an investment and commercial bank, performing all Banking operations, financing foreign and domestic trade, and undertaking foreign exchange operations (purchase and sale of foreign currency).

Attract investment capital and channel it to finance profitable projects which are of benefit to the economy of hast countries.

Promote a market for capital in the form of profit-sharing certificates either from a specific project or group of projects and trade them at the current rate on the open market. ln This way, B.E.ST Bank will facilitate the flow of capital from surplus areas to are as with good investment opportunities thus benefiting both the investors and the countries in which This capital is invested.

Create trade centers to exhibit products, coordinate the supply and demand, and make the necessary funding available to sellers, manufacturers, and buyers.

Provide associate banks and institutions with the opportunity of investing surplus funds and provide the small services related to foreign payment coverage and any other special services required.

Promote scientific and technical research in the areas of welfare and food security to better serve the needs of the peoples of the Islamic World.

CAPITALISATION

LIST OF SHAREHOLDERS AS OF OCTOBER 28....,2005

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Shares value in USD
%
TUNISIAN STATE, REBUBLIC OF TUNISIA
5 000 000
10
NATIONAL SOCIAL SECURITY OFFICE OF TUNISIA
5 000 000
10
AL BARAKA BANKING GROUP.BAHRIAN
39 199 600
78.4
SAUDI INDIVIDUALS
800 400
1.6
TOTAL
50 000 000
100


 

 

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