CFG Bank’s IPO Approval: Shareholder Meeting Recap and Capital Increase Announcement

2023-11-18 14:36:34

The Combined General Meeting of Shareholders of CFG Bank approved the company’s initial public offering on the main market, through a capital increase.

“The General Meeting of Shareholders approved the initial public offering of the Company on the main market, by way of a capital increase reserved for the public, up to a maximum amount, share premium included, of 600,000,000 of dirhams, as well as all the resolutions submitted to it,” indicates CFG Bank in a press release.

The Combined General Meeting of shareholders of CFG Bank met on Thursday, November 16, recalls the press release.

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