Skip Navigation LinksHome > Profile > Profile > Role
Role

​Dexia Municipal Agency is a credit institution accredited as a Société de Crédit Foncier (SCF). It is wholly owned by Dexia Credit Local.

Within the Dexia Group, Dexia MA is responsible for:

  • financing loans and bonds to public sector entities in Europe marketed by the Dexia Group;
  • issuing obligations foncières.

 

  • Licence: Authorization by the CECEI (in French) 
    •  

    Rating

    ​
  • AAA
    Fitch
    confirmed in June 2011

  • Aa1 on review for downgrade
    Moody's
    confirmed in
    December 2011

  • AAA watch negative
    S&P
    confirmed in
    January 2012

  • More information
    •  
     

    Financial highlights

    as of September 30, 2011

    Cover pool

    79.0 € billion

    including 61 % eligible for refinancing by the ECB

    Privileged liabilities

    65.9 € billion

    Total balance sheet

    98.0 € billion

    Non-performing loans

    0.03 %

    Over-collateralization ratio

    118.7 %