{"id":21440,"date":"2023-11-30T23:00:07","date_gmt":"2023-11-30T23:00:07","guid":{"rendered":"https:\/\/www.africa-press.net\/cape-verde\/all-news\/finalists-for-the-purchase-of-cgds-bank-in-cape-verde-bca-must-pay-an-initial-installment"},"modified":"2023-12-01T00:09:33","modified_gmt":"2023-12-01T00:09:33","slug":"finalists-for-the-purchase-of-cgds-bank-in-cape-verde-bca-must-pay-an-initial-installment","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/cape-verde\/all-news\/finalists-for-the-purchase-of-cgds-bank-in-cape-verde-bca-must-pay-an-initial-installment","title":{"rendered":"Finalists for the purchase of CGD’s bank in Cape Verde (BCA) must pay an initial installment"},"content":{"rendered":"

Africa-Press – Cape verde. <\/strong><\/span>Finalist investors interested in purchasing the Cape Verdean Banco Comercial do Atla\u0302ntico (BCA) from Caixa Geral de Depo\u0301sitos (CGD) must pay an initial installment and provide a bank guarantee, according to the order published in Dia\u0301rio da Repu\u0301blica.<\/p>\n

According to the order cited by Lusa, \u201c the selected proponent or proponents […] must pay an initial monetary payment\u201d , which is three million euros, this \u201cregardless of the price that may be presented in the binding proposal, the percentage of share capital to be acquired or the method of settlement of the price that may be defined \u201d.<\/p>\n

Those interested must also deliver a bank guarantee \u201c in an amount corresponding to the difference between the global amount of the price offered and the amount of the initial monetary payment \u201d.<\/p>\n

In September, recalls the same source, the Government had chosen three final investors to purchase Banco Comercial do Atla\u0302ntico, namely Coris Holding, First Atlantic Bank and IIBGroup Holdings, who could present binding proposals.<\/p>\n

CGD is selling 59.81% of Banco Comercial do Atla\u0302ntico.<\/p>\n

The public bank had already announced in 2019 a process of selling its stake in BCA, as part of its restructuring plan, opting to remain in the Cape Verdean market only with Banco Interatla\u0302ntico, but the covid-19 pandemic ended up conditioning the entire the process, which has been dragging on, concludes Lusa.<\/p>\n

For More News And Analysis About Cape verde<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Cape verde. Finalist investors interested in purchasing the Cape Verdean Banco Comercial do Atla\u0302ntico (BCA) from Caixa Geral de Depo\u0301sitos (CGD) must pay an initial installment and provide a bank guarantee, according to the order published in Dia\u0301rio da Repu\u0301blica. According to the order cited by Lusa, \u201c the selected proponent or proponents […]<\/p>\n","protected":false},"author":84,"featured_media":21439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,331,328],"class_list":["post-21440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-cape-verde","tag-cape-verde"],"yoast_head":"\nFinalists for the purchase of CGD's bank in Cape Verde (BCA) must pay an initial installment - Cape Verde<\/title>\n<meta name=\"description\" content=\"Finalist investors interested in purchasing the Cape Verdean Banco Comercial do Atla\u0302ntico (BCA) from Caixa Geral de Dep ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/cape-verde\/all-news\/finalists-for-the-purchase-of-cgds-bank-in-cape-verde-bca-must-pay-an-initial-installment\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finalists for the purchase of CGD's bank in Cape Verde (BCA) must pay an initial installment - 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