SFIL
Last updated on 17 Feb 2024
Key facts
French development bank that finances local authority and public hospital investments and provides financing for large export credits.
PUBLIC
2013
Credit rating (S&P)
AA
AA
Foreign currency
Local currency
Authorizations and exposure (export finance)
FY 2022 authorizations by product type
Municipalities
54%
Departments
14%
Export credit
12%
Public hospitals
11%
Regions
5%
FY 2022 authorizations
Financing modalities
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Products
- SFIL can offer lenders covered by Bpifrance to lend all, or a portion of, a loan insured through an export credit
- SFIL cannot take risk on the uninsured portion of the loan
- The lender covered by Bpifrance maintains the commercial relationship over the life of the transaction
- SFIL generally refinances export contracts over EUR 75 million
Policies
- SFIL’s traditional mission has been and continues to be the first lender to France’s public sector, including departments, municipalities, associations of municipalities, regions, and public hospitals
News
- 2024: For the first time, SFIL releases its sustainable development policy
- 2023: SFIL announces its 2023 targets to reduce financed emissions
