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AJARINVEST S.A. BECOMES THE FIRST COMPANY TO OBTAIN OPCI MANAGEMENT COMPANY STATUS IN MOROCCO

Rabat, July 25, 2019: On July 23, 2019, AjarInvest SA, a subsidiary of the CDG and CIH Bank, obtained approval from the Moroccan Capital Market Authority (AMMC = Autorité Marocaine du Marché des Capitaux) to operate as a management company for Real Estate Collective Investment Trust Funds (OPCI = Organismes de Placements Collectifs Immobiliers), thus becoming the first company to obtain OPCI management company status in Morocco.

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