The UEMOA Regional Mortgage Refinancing Fund (CRRH-UEMOA) has just increased its capital to 9.888 billion FCFA. That is an additional contribution of 200 million FCFA

From 9.688 billion FCFA, the capital of CRRH-UEMOA increases to 9.888 billion FCFA. According to information relayed by Togo First, the financial institution based in Lomé, to proceed with this operation to increase its capital, issued 20,000 new shares with a nominal value of 10,000 FCFA, fully released to thus mobilize 200 million FCFA.
With this injection of assets, CRRH-UEMOA should have more room to manoeuvre to make new investments or even develop its real estate loan refinancing business. The operation should ensure that CRRH-UEMOA, the third financial institution best rated by Moody's, in the common currency area after ADB and BOAD, is financially sound that could prevent it from resorting to debt