Compagnie de Financement Foncier sold its exposure to Heta Asset Resolution AG
Compagnie de Financement Foncier sold all its exposure to Heta Asset Resolution AG. This exposure represented a €260 million nominal amount and was covered by a provision recorded in the company’s annual financial statements as at December 31, 2014. This provision will be partially written back in the 2015 half-year financial statements. Compagnie de Financement Foncier no longer holds any exposure to Austria.
