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Summary: Natixis S.A. Jan 08 Product Image

Summary: Natixis S.A. Jan 08

  • ID: 2044774
  • January 2008
  • Standard & Poors

FEATURED COMPANIES

  • CIFG Europe
  • CIFG GUARANTY
  • Natixis S.A.
  • MORE

Abstract
The ratings on France-based Natixis S.A., a jointly controlled subsidiary of Groupe Caisse d'Epargne (GCE) and Groupe Banque Populaire (GBP), reflect the view of Standard & Poor's Ratings Services that the bank is a core entity to both groups. The central body of GCE, Caisse Nationale des Caisses d'Epargne et de Prévoyance (CNCE), is rated AA/Negative/A-1+, and that of GBP, Banque Fédérale des Banques Populaires (BFBP), is rated AA-/Stable/A-1+. The ratings also take into account the combined strong support of the two parent groups. Natixis is the wholesale banking and specialized financing arm of its two parents. The bank has solid strategic, operational, and financial links to GBP and GCE and benefits from the complementary nature of the businesses brought...

Companies mentioned in this report are:
- Natixis S.A.
- Banque Federale des Banques Populaires
- Caisses d'Epargne Participations
- IXIS Corporate & Investment Bank
- CIFG GUARANTY
- CIFG Europe
- CIFG Assurance North America Inc.

Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, READ MORE >

- Natixis S.A.
- Banque Federale des Banques Populaires
- Caisses d'Epargne Participations
- IXIS Corporate & Investment Bank
- CIFG GUARANTY
- CIFG Europe
- CIFG Assurance North America Inc.

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