Purpose :
To refinance the activity of Crédit Foncier and the BPCE Group entities based on a competitive, asset-backed, long-term, refinancing model 
via the issuance of Obligations Foncières. 

Key figures
€4.5 Bn
Obligations foncières issued
as of December 31, 2023
€60.3 Bn
Total balance sheet
as of December 31, 2023
Overcollateralisation ratio
as of December 31, 2023

AAA (stable) / AAA (stable) / AAA (Stable)

S & P / Moody’s / Scope Ratings

A société de crédit foncier (AAA Stable/Aaa Stable/AAA Stable),
fully-owned subsidiary of Crédit Foncier (A-Stable/A1 Stable/A  Stable/A+ Stable)(*),
and affiliated with BPCE (A Stable/A1 Stable /A+ Négative / A+Stable) (**)

*Standard & Poor’s/Moody’s/Fitch/Scope Ratings

**Standard & Poor’s/Moody’s/Fitch//R&I