Investor Presentaiton
La Banque Postale Home Loan SFH: legal framework
A STRONG LEGAL FRAMEWORK AND ADVANTAGEOUS
TREATMENT FOR INVESTORS
INVESTOR INFORMATION:
A DEDICATED WEBSITE
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LBP Home Loan SFH is a French credit institution, wholly owned by
LBP, licensed by the French banking and insurance supervisor (ACPR)
Minimum contractual over-collateralisation (OC) of 8.1% versus legally
required minimum of 5%, using the same weightings
Under CRD IV/CRR (article 129) and LCR delegated act, covered bonds
with minimum size of €500m rated AA- or better are eligible for
inclusion in level 1B for LCR and benefit from a 10% RW
Covered bonds are secured by a segregated asset pool and a
preferential legal claim for covered bond investors
Absolute seniority for repayment purposes, no early redemption or
acceleration
Regulated covered bonds are exempt from bail-in (BRRD)
Compliant with European Covered Bond Premium Label expectations
LBP Home Loan SFH
LA
BANQUE
POSTALE
Main information on La Banque Postale Home Loan SFH
.115 rue de Sèvres - 75006 Paris - France
• Credit institution approved by the French Prudential and Resolution Authority (ACPR)
• Paris Trade and Companies Registry: 522 047 570
• Limited company with Executive and Supervisory Boards
100 % of the capital is owned by La Banque Postale
Specific controller: Cailliau Dedouit and Associates
Statutory Auditors: KPMG - Mazars
ECBC Label to ensure full
transparency of the asset pool
B
COVERED BOND
LABEL.
HTT
INVESTOR PRESENTATION - SEPTEMBER 2023
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