SFCDG Increases its Capital

SFCDG Increases its Capital



State-owned financial institution SFDG (Société Forestière de la Caisse de Dépôt et de Gestion), subsidiary of Caisse de dépot et de gestion(CDG), increased its total capital.

According to L’economiste, the subsidary increased its capital by 5 million Dhirhams.

The company had previously 4 millions Dirhams. Today, the capital amounts to 9 million dirhams.

The amount was deducted from the retained earnings account, the same source added.

On a sideline note, the company has also changed the location of its office to Hay Riad, Rabat, We understand.

The Moroccan Times.