Spotlight

Olive Oil: The Central Bank Presses Banks for 2026-2027

As the 2026–27 season approaches, the Central Bank of Tunisia (BCT) is calling on banks to step up financing for the olive oil sector. In a 16 October note, it urges them to make the liquidity needed available to ensure the success of a season it describes as strategic.

Why is the BCT addressing banks now?

ensure the best conditions for the success of an olive season it describes as strategic

As the 2026–27 olive season approaches, whose launch marks the start of the olive harvest, the Central Bank of Tunisia is calling on banks and financial institutions to step up their support and redouble their efforts on behalf of the sector’s various players.

What exactly does the BCT’s 16 October note ask for?

In a note issued on 16 October, the Central Bank of Tunisia addresses banks and financial institutions directly. Its message comes down to a single requirement: make available the liquidity needed for the season to run smoothly. The note-issuing institution isn’t simply restating a principle: it’s making a precise request of financing players.

Beyond making this liquidity available, the BCT is calling on banks and financial institutions to redouble their efforts to secure the financing needed by the sector’s various players. The request therefore applies to the entire banking sector, without exception, so that the season doesn’t fall short of resources.

What’s at stake for the coming season?

The Central Bank of Tunisia states the stakes plainly: ensuring the best possible conditions for the success of an olive season it calls strategic. By calling on banks to support financing for the season, the institution puts bank credit at the heart of this promised success, a condition for the sector to get through the season without a financial hitch.

What remains is to turn this call into concrete action on the ground, for producers who are waiting for access to financing to match the ambition on display. The stakes, as the BCT puts it, are to secure this sector season after season.

The Central Bank of Tunisia’s call draws a clear line between the institution and the banks: it’s up to them to turn this message into available liquidity, season after season, so the olive oil sector can move forward without delay.

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Frequently asked questions

Why is the Central Bank of Tunisia addressing banks over the 2026–27 olive season?
As this season approaches, marking the start of the olive harvest, the BCT is calling on banks and financial institutions to step up their support and redouble their efforts on behalf of the sector’s players.
What does the BCT’s 16 October note say?
The note addresses banks and financial institutions directly with one requirement: make available the liquidity needed for the season to run smoothly. It also calls on them to redouble their efforts to secure the financing needed by the sector’s various players.
Does this request apply to all banks?
Yes, the request applies to the entire banking sector, without exception, so that the season doesn't fall short of resources.
Why does the BCT describe this olive season as strategic?
The BCT frames the stakes as ensuring the best possible conditions for this season's success. Bank credit is at the heart of this promised success, a condition for the sector to get through the season without a financial hitch.
What needs to happen now on the ground for producers?
What remains is to turn this call into concrete action for producers, who are waiting for access to financing to match the ambition on display, so as to secure the sector season after season.

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