Dexia Municipal Agency The Dexia group's Société de Crédit Foncier (SCF)
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Dexia MA

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- Dexia MA is accredited as a Société de Crédit Foncier (SCF). More

- Its share capital totals 1 060 million euros and is wholly owned by Dexia Crédit Local.

- In compliance with its by-laws, Dexia MA concentrates on loans to public sector entities
   (mortgage loans are excluded).
 More

- Dexia MA is governed by a supervisory board and an executive board. More

- By law, operations of the company are carried out by a credit institution with which
   Dexia MA has signed an agreement; this institution is its parent company, Dexia Crédit Local.

- Within the Dexia group, Dexia MA is responsible for:


  • financing or refinancing local governments in the European Economic Area, first of all French local governments, Switzerland, the United States, Canada and Japan.

  • issuing obligations foncières rated AAA/Aaa/AAA.
    Dexia MA is a financing entity for the Dexia group's first line of business.

The financial report for the 1st half of 2010 is now available online.