SFIL Group Investor Presentation
KEY TAKE AWAYS
Status as public development bank - debt classified as
HQLA Level 1 and PSPP eligible - with two public policy
missions
Leadership position in both business activities:
"
ā
Market share in French local public sector lending
around 25%
Market share for the re-financing of export loans
guaranteed by the State above 40%
Since September 30th 2020, CDC is the reference
shareholder and provides a letter of support,
supplemented by a letter of support from the French
Government, maintaining SFIL's status as public
development bank
STANDARD & POOR'S
RATINGS SERVICES
'based on our view of SFIL's critical role for
and integral link with the French government,
we consider that there is an almost certain
likelihood that the government would provide
timely and sufficient extraordinary support to
SFIL in the event of financial distress'
S&P Rating Report, April 21st 2021
MORNINGSTAR DBRS
'DBRS Morningstar considers that this recent
change in ownership reinforces the efficiency
and timeliness of the support mechanisms
between SFIL, its new reference shareholder
CDC and ultimately the French State.
DBRS Morningstar views SFIL as a major
subsidiary of CDC with a critical role in France
given its public development bank mission.'
DBRS Press Release, February 1st 2021
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SFIL Group Investor Presentation
March 2022View entire presentation