Natixis statement regarding Coface
22 Juillet 2019 - 08:22AM
Natixis statement regarding Coface
Natixis states that, as previously indicated,
its investment in Coface is financial in nature and not strategic.
In this context, Natixis regularly explores options for its holding
in this asset. Nonetheless, there is currently no discussion
underway likely to give rise to the submission of an offer for this
holding.
About NatixisNatixis is a
French multinational financial services firm specialized in asset
& wealth management, corporate & investment banking,
insurance and payments. A subsidiary of Groupe BPCE, the
second-largest banking group in France through its two retail
banking networks, Banque Populaire and Caisse d’Epargne, Natixis
counts nearly 16,000 employees across 38 countries. Its clients
include corporations, financial institutions, sovereign and
supranational organizations, as well as the customers of Groupe
BPCE’s networks. Listed on the Paris stock exchange, Natixis has a
solid financial base with a CET1 capital under Basel 3(1) of €11.1
billion, a Basel 3 CET1 Ratio(1) of 11.6% and quality long-term
ratings (Standard & Poor’s: A+ / Moody’s: A1 / Fitch Ratings:
A+). (1) Based on CRR-CRD4 rules as reported on June 26, 2013,
including the Danish compromise - without phase-in .Figures as at
31 March 2019
Press contacts:
Daniel
WilsonTel: +33 1 58 19 10 40Email:
daniel.wilson@natixis.com |
Vanessa
StephanTel: +33 1 58 19 34 16Email:
vanessa.stephan@natixis.com |
www.natixis.com