Investor Presentaiton
DIVERSIFIED FUNDING SOURCES TO SUPPORT LENDING GROWTH
FUNDING POLICY PRINCIPLES
Reaching full AT1 and T2 buckets
Respecting MREL
An inaugural social bond issue underscoring La Banque Postale's
commitment to becoming a regular issuer under its green
and social bond framework was completed in 2021
WHOLESALE FUNDING SOURCES (1)
Repo LT
4%
Additional Tier 1
15% 4%
Tier 2
€17.8bn
Covered Bond
Senior
20%
49%
Non Preferred
Senior Preferred
8%
LA
BANQUE
POSTALE
Investor presentation / December 2021
2021-2023 FUNDING PLAN
2021
BUDGET
2022
2023
EXPECTED
AT1
T2
SNP
CB
€750m
€750m (2)
(2)
€750m
€750m (3)
€750m
€750m
€750m
€500m
€750m
€750m
€750m
2021 ISSUANCES
La Banque Postale SA
Senior Preferred (SP): €212m (of which
€211m Structured Notes)
Senior Non Preferred (SNP): €770m
Tier 2 (T2): €750m
La Banque Postale Home Loan SFH
Covered Bond (CB): €1bn (retained)
+ additional TLTRO3
take up to reach full
allowance, as part of the
funding mix to support
lending to our clients,
especially SMEs and local
public sector
(1) As of 30 June 2021
(2) Completed
(3) Not expected to materialize
46View entire presentation