COM: acquisition of shares in CEPAC

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The last Executive Council took place last Wednesday and four deliberations were adopted by the members during this meeting. The president of the Community Daniel Gibbs briefly detailed these decisions during his last press briefing at the Hôtel de la Collectivité. One of the deliberations authorized President Gibbs to acquire on behalf of the COM shares in the Caisse d'Epargne de Provence Alpes Corse (CEPAC). "The Executive Council authorized the subscription of 500 shares in the Société Locale d'Epargne de la Guadeloupe holding shares in CEPAC, ie an amount of 10.000 euros", according to the Collectivity. Among the advantages of such an operation, the collection of annual interest calculated pro rata temporis. _EH

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