Summary: Natexis Banques Populaires Mar 03
- ID: 2043917
- March 2003
- Standard & Poors
The ratings on Natexis Banques Populaires (NBP) reflect the creditworthiness of the Banques Populaires (BP) group, of which NBP is a core member. The BP group, the seventh-largest banking group by total assets in France, benefits from a healthy market franchise, diversified business profile, sound profitability, and satisfactory capitalization. NBP accounts for about 34% of the total loans of the BP group and 30% of group revenues. NBP is responsible for the corporate-finance, investment-banking, and financial-services activities of the BP group. The successful integration of NBP has contributed to the strengthening of the group's business position. NBP's asset quality is adequate. Due to its focus on international and corporate banking, NBP remains exposed to riskier sectors and geographic areas (such...
Companies mentioned in this report are:
- Natixis S.A.
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