Société Tuniso-Saoudienne d'Investissement et de Développement was founded on May 30, 1981.
[1] It was the result of an agreement between the government of Tunisia and that of Saudi Arabia.
[1] It helped expand tourism in the Sahara, cattle farming and milk production.
[1] It has 100 million dinars split among Tunisia and Saudi Arabia in assets.
[1] Former Tunisian Minister of Agriculture Abdessalem Mansour worked for Stusid Bank from 1981 to 1999.