Key figures

    Balance sheet as of 12/31/2018

  • Cover pool 56.9 EUR billionSee more
  • Bonds and loans to public sector (by country) 52.8 EUR billionSee more
  • Bonds and loans to public sector (per type of borrowers) 52.8 EUR billionSee more
  • Assets eligible for the central bank refinancing 66.5%
  • Covered bonds 50.3 EUR billionSee more
  • Regulatory over-collateralization 111.5%
  • Activity for the year 2018

  • Acquisition of loans to French public sector (partnership with LBP) 3.4 EUR billionSee more
  • Export Refinancings signed by CAFFIL 3.8 EUR billionSee more
  • Issued covered bonds 4.9 EUR billionSee more
  • Cover pool quality as of 12/31/2018

  • Doubtful and litigious loans under French GAAP (% of cover pool) 0.7%
  • Cover pool average risk weighting 6.1%
  • Common Equity Tier 1 Ratio (Bâle III – fully loaded) 25.0%
  • Breakdown of assets (EUR billion; %)

    52.8 EUR billion (93%) Bonds and loans to public sector
    1.3 EUR billion (2%) Cash deposit in central bank
    2.8 EUR billion (5%) Replacement assets
  • Breakdown of bonds and loans to public sector by country (EUR billion ; %)

    46.1 (87%) France
    4.7 (9%) Italy
    0.7 (1%) Switzerland
    1.4 (3%) Other countries
  • Breakdown of loans and bonds to public sector per type of borrowers (EUR billion; %)

    42.3 EUR billion (80%) Local governments
    6.2 EUR billion (12%) Public hospitals
    3.2 EUR billion (6%) Sovereigns and other public exposure
    1.1 EUR billion (2%) French Republic (Guaranteed export refinancings)
  • Breakdown of 2018 issues by maturity

    5% 0-5 years
    24% 6-9 years
    37% 10-14 years
    34% 15 years and more

    Breakdown of covered bonds per currency

    49 (97%) Eur
    1.3 (3%) Other currencies
  • Since the launch of the partnership in 2013, CAFFIL has acquired a total volume of loans amounting to EUR 15.6 billion.


  • Since the launch of this role in mid-2015, CAFFIL has granted refinancing loans to SFIL for a total volume of EUR 7.1 billion.


  • Issued covered bonds

    4.1 (84%) Public issues
    0.8 (16%) Private placement

Ratings



  • Moody's
    Aaa
    Outlook stable
  • S&P
    AA+
    Outlook stable
  • DBRS
    AAA
    Outlook stable
Rating