August 29, 2014 10:10 PM ET

Diversified Financial Services

Company Overview of Caisse Francaise de Financement Local

Company Overview

Caisse Française de Financement Local operates as a credit institution in France. It finances or refinances public sector entities. The company is engaged in issuing covered debt securities and contract other covered debt, which may or may not be traded on regulated markets, in order to finance the assets. It holds government and public entity securities eligible for central bank refinancing, and bonds and other fixed income securities. Caisse Francaise de Financement Local serves public sector entities in the European Economic Area, Switzerland, the United States, Canada, and Japan. The company was formerly known as Dexia Municipal Agency and changed its name to Caisse Française de Financem...

1, passerelle des Reflets

La Défense 2

Cedex

La Défense,  92913

France

Founded in 1998

Key Executives for Caisse Francaise de Financement Local

Chief Executive Officer and Member of Executive Board
Age: 40
Head of Financing and Treasury
Chairman of Executive Board
Age: 50
Member of Executive Board
Age: 37
Member of Executive Board
Age: 38
Compensation as of Fiscal Year 2014.

Caisse Francaise de Financement Local Key Developments

Caisse Francaise de Financement Local Reports Earnings Results for the Second Quarter Ended June 30, 2013

Caisse Francaise de Financement Local reported earnings results for the second quarter ended June 30, 2013. For the quarter, the company reported interest income of EUR 2,790 million against EUR 3,096 million a year ago. Net banking income was EUR 214 million against EUR 174 million a year ago. Operating income and income before tax was EUR 5 million against EUR 122 million a year ago. Net income was EUR 13 million or EUR 1 per basic and diluted share against EUR 79 million or EUR 6 per basic and diluted share a year ago. Cash flow from operating activities was EUR 6,601 million against EUR 4,132 million a year ago.

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