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Crédit Mutuel Home Loan SFH, a French credit institution

Formerly CM-CIC Covered Bonds

Crédit Mutuel Home Loan SFH is registered as a limited liability company and duly licensed to act as a credit institution
with a limited purpose, approved by the Autorité de Contrôle Prudenciel (ACPR) on June 6th, 2011.

A 99.9% subsidiary of the BFCM Group, its sole activity is to finance the residential real-estate lending activity loans for

Crédit Mutuel Home Loan SFH will benefit from the new legal framework (SFH) which has been approved by French Parliament in October 2010 (Bankruptcy law, UCITS 22.4 compliance).

Structure Overview of Crédit Mutuel Home Loan SFH programme

  • Full recourse of the Issuer against BFCM
  • Covered Bonds backed by direct security over the Cover Pool
  • Asset monitoring including Asset Coverage Test and Amortisation Test

organigramme Sfh


  • Alexandre Saada, chairman
  • Christian Ander, managing director
  • BFCM represented by Annie Gain
  • Eric Platiau (independent)
  • Luc Chambaud

Highlights Crédit Mutuel Home Loan SFH


Moody's : Aaa

Fitch : AAA

Form of limited liability company

RCS-Paris: 480 618 800

Banking code:15 848

6 avenue de Provence
75452 Paris Cedex 09
Statutory Auditors: PricewaterhouseCoopers Audit Ernst & Young


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