The Moroccan Capital Market Authority (AMMC) has announced that Prev Invest SA has dropped below the 5% ownership threshold in CFG Bank and has subsequently sold all of its remaining shares.
The exit was executed through two separate transactions on March 26, 2025: 1,486,400 shares were sold on the block market at 220 dirhams per share, followed by the sale of 289,710 shares on the central market at 223.15 dirhams each.
Following these sales, Prev Invest SA no longer holds any stake in CFG Bank.
This full divestment comes at a time when Morocco’s banking sector is undergoing a wave of strategic repositioning and shareholder reshuffling. As CFG Bank continues to redefine its positioning in the financial landscape, attention now turns to identifying the new players who might step into the space vacated by Prev Invest SA — and what this could mean for the bank’s future direction.
