BICIG will increase its capital to 54 billion FCFA and turns into AFG Financial institution Gabon –

Assembly within the board of administrators after which within the basic assembly final Friday, the administrators and shareholders of BICIG determined to extend the capital of the financial institution from 18 to 54 billion FCFA and rename the financial institution which is able to henceforth be referred to as AFG Financial institution Gabon.

The rise in share capital from 18 billion to 54 billion FCFA will happen via the difficulty of three.6 million new shares, specifies a press launch from the financial institution.

The shareholders and administrators unanimously determined to alter the financial institution’s title, which turns into AFG BANK GABON.

Jacques Adiahenot, who chaired these conferences, welcomed these varied initiatives which purpose to strengthen the solidity of the financial institution and enhance its affect throughout the Gabonese banking panorama.

File outcomes

All these adjustments come at a time when the financial institution is posting document outcomes.

Certainly, the extraordinary basic assembly and the shareholders authorised the accounts for the monetary 12 months ending December 31, 2023 as licensed by the Statutory Auditors. On the finish of the mentioned monetary 12 months, BICIG shows a complete stability sheet of 1,046 billion FCFA, a rise of 18% in comparison with 2022.

Web revenue elevated by 5% to succeed in 21.3 billion FCFA; achievements which mirror the consolidation of the financial institution’s exercise and efficiency.

Technique

AFG BANK GABON has determined to drive a brand new industrial dynamic primarily based on operational excellence, the digitalization of services and products, in addition to higher high quality of service with a view to providing a novel buyer expertise.

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With its change of title, the financial institution has reached a brand new milestone by anchoring itself sustainably to a pan-African group current for greater than 40 years within the banking and insurance coverage sectors. The homeowners imagine that this can be a actual alternative to learn from the synergies provided by the AFG group, established in Central Africa, West Africa and the Indian Ocean.

Carl Nsitou

2024-06-24 23:30:05
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