Scope Ratings has updated its rating report on Credit Foncier and Compagnie de Financement Foncier, rated A+, with Stable Outlook.

The rating affirmation reflects Scope’s expectation of full support from the parent, BPCE group, given the guarantee and solidarity mechanism that covers the group’s subsidiaries/affiliates.

Scope Ratings has updated its rating report on Crédit Foncier de France, rated A+ with Stable Outlook.

The rating affirmation reflects Scope’s expectation of full support from the parent given Crédit Foncier’s strategic importance for funding diversification.

Scope Ratings has updated its issuer rating report on Crédit Foncier de France.

The rating affirmation reflects Scope’s expectation of full support from the parent given Crédit Foncier’s strategic importance for funding diversification.

Scope Ratings has updated its rating report on Crédit Foncier de France SA.

No action has been taken following the monitoring review.

Scope Ratings has updated its rating report on Crédit Foncier de France SA, rated A+ with Stable Outlook.

The rating actions balance Scope’s view of Crédit Foncier de France’s strategic role for Groupe BPCE against intragroup support, which is ultimately sensitive to the group’s credit profile. Covered bond ratings are unaffected.