|
|
 |
|
Viewing report
|
|
|
|
Caisse des Depots et Consignations
Standard & Poors, Dec 2010
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Full Analysis
Abstract
Critical public policy role, integral link with the state securing governmental commitment to its operations. Cautious strategy conciliating public-policy commitments and adequate business efficiency. Sound risk-management practices and improved corporate governance. Satisfactory financial profile of the main division enabling self financing of its missions. Gradual restoration of the savings funds division's financial profile since the reform of the Livret A. High equity risks. Structural volatility in earnings. Just adequate capital position at the main division. The ratings on French financial institution Caisse des D-p-ts et Consignations (CDC) reflect Standard & Poor's Ratings Services' opinion that there is an 'almost certain' likelihood that the Republic of France (AAA/Stable/A-1+) would provide sufficient extraordinary support to the institution in case of need. In...
Companies mentioned in this report are: Caisse des Depots et Consignations,CNP Assurances,CNP Caution
Action: Review
|
|
|
|
