Press release capital increase
Générale de Banque de Mauritanie would like to inform its customers as well as the national and international banking population of the increase of its share capital from 720 million to 1 billion 20 million Ouguiyas. This increase was decided by the Extraordinary General Assembly of November 18, 2019 and carried out by the subscription in cash of 100 000 ordinary shares of a nominal (par) value of 3 000 Ouguiyas per share fully paid up at subscription.
The share capital of the bank increases to 1 billion 20 million Ouguiyas divided into 340 000 shares of nominal (par) value of 3 000 Ouguiyas each and the article 6 of the Articles of Association has been modified accordingly.