Rabat, 26th March 2024
The Board of Directors of the Moroccan Deposit Insurance Corporation (Société Marocaine de Gestion des Fonds de Garantie des Dépôts Bancaires -SGFG) held its meeting on March 26th, 2024, in Rabat under the Chairmanship of Mr. Abdellatif JOUAHRI, Governor of Bank Al Maghrib.
The Board of Directors reviewed the management reports of the SGFG and the Deposit Insurance Fund (FCGD) and closed their 2023 financial statements. The Board also reviewed the position of Participative Deposit Insurance Fund (FGDBP).
The Board reviewed afterwards the reports of the Chairs of the Investment Committee, the Audit and Risks Committee, the Intervention and resolution Committee and the Remuneration and Nomination committee. The Board then approved The SGFG’s action plan and budget for 2024 and adopted the draft of resolutions to be submitted to the next AGM.
Furthermore, the Board has been informed about the ongoing progress of the project aiming at establishing a payout ecosystem.
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