CIH Bank Explores Acquisition of Significant Stake in CDG Capital Gestion and CDG Capital Bourse

Strategic Acquisition Initiative

CIH Bank has officially entered into a memorandum of understanding with CDG Capital to assess the possibility of acquiring either a complete or substantial stake in CDG Capital Gestion and CDG Capital Bourse.

These two entities specialize in asset management and brokerage services, respectively, and this initiative is part of a broader strategic realignment within the CDG Group.

Strengthening Market Position

This move reflects CIH Bank's ambition to enhance its positioning in high-value sectors, particularly asset management and brokerage, in line with its development and diversification strategy.

CIH Bank is already active in the asset management market through its subsidiary, CIH Capital Management.

Integrated Service Offering

Should this acquisition materialize, it would bolster CIH Bank's market position and facilitate the development of a comprehensive service offering aimed at institutional investors, corporations, and individual clients.

This offering would leverage the bank's extensive network and its innovative digital distribution model.

Conditions for Completion

The completion of this transaction is contingent upon the finalization of negotiations between the parties involved, the signing of relevant contractual documents, and the acquisition of necessary legal, regulatory, and social approvals.

Ongoing Market Communication

CIH Bank is committed to keeping the market informed of any significant developments regarding this potential acquisition, in accordance with applicable disclosure obligations.