CDG Capital, a subsidiary of the Caisse de Dépôt et de Gestion (CDG), has bolstered its capital by 100 million MAD, bringing total capital increases to 250 million MAD since 2020. This strategic move is part of the company’s long-term development plan, aiming to expand its reach and strengthen its role in Morocco’s financial markets. Established in 2006 to centralize CDG’s financial operations, CDG Capital has been a key player in the country’s economic growth.
Over the years, CDG Capital has made significant contributions to the development of Morocco’s financial markets and has promoted best practices in savings management. As the Moroccan economy continues to grow, the company has adapted its business model to focus on converting savings into long-term investments, which play a vital role in supporting the nation’s strategic projects.
For the first half of 2024, CDG Capital reported a consolidated net banking income (PNB) of 197 million MAD, a substantial increase from 112 million MAD in the same period of the previous year. This growth was largely driven by strong market activities. By the end of June 2024, assets under management had surged to 216 billion MAD, up 12.2%, while assets under custody rose to 537 billion MAD, reflecting an 11.9% increase, underpinned by a robust commercial performance.
CDG Capital is led by Mehdi Bouriss as CEO, under the presidency of Khalid Safir, Director General of the CDG Group. The board of directors includes notable figures such as Latifa Echihabi and Nouaman Al Aissami, further solidifying the company’s governance and strategic direction.
