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Press release

Creation of a major bancassurance group: final stage of the merger between La Banque Postale and CNP Assurances

This is the third and final stage of the merger of La Banque Postale and CNP Assurances, following the creation of the major public financial centre, a long-standing project announced by the Minister of the Economy and Finance alongside Caisse des Dépôts and La Poste in 2018. After La Banque Postale’s simplified takeover bid on CNP Assurances, which ended in June 2022 and was followed by a delisting, La Banque Postale became the sole shareholder of CNP Assurances, thus owning 100% of its capital.

Press release

Application of IFRS 17 to the 2022 published financial statements under IFRS 4, for comparisons with the financial statements to be published in 2023

The difference in equity reflects CNP Assurances’ resilience in a rising interest rate environment. The difference in attributable net profit is due to the impact of the standard on revenue from own-funds portfolios.

Press release

2022 Annual Results

Solid financial results in line with the strategic plan, in an uncertain environment.

Press release

La Banque Postale reinforces its asset management activities: LBP AM enters into exclusive negotiations with Groupe Primonial with a view to acquiring 100% of La Financière de l'Échiquier (LFDE)

With this transaction, La Banque Postale Asset Management (LBP AM), a subsidiary of La Banque Postale (at 75%) and Aegon Asset Management (at 25%), would consolidate its position as a multi-specialist conviction manager with total assets under management of €67 billion. It would also extend its presence to 9 European countries and broaden its range of products.

Press release

2022 Annual Results - CNP Assurances

An overall performance illustrated by strong earnings growth, successful implementation of our international strategy and high commitments to ensure that we are useful to all our stakeholders. - Premium income of €36bn (up 13.7%) - Attributable net profit of €1,939m (up 25%) - SCR coverage ratio of 230% (up 13 pts) - €25.2bn green investment portfolio (up 19.4%)

Press release

For the second year in a row, La Banque Postale has been awarded CDP’s prestigious A rating for its commitment to the climate

La Banque Postale, recognised for its international leadership in the fight against climate change has, for the second year in a row, been rated A by CDP, the standard-setting international not-for-profit charity in the assessment of corporate climate strategies. By committing to achieving zero net emissions by 2040 for its banking activities1, La Banque Postale is the only French bank to receive such recognition by CDP in 2022 for its commitment to the climate, placing it among the 292 most effective companies worldwide in the fight against climate change.

Press release

CNP Assurances completes the acquisition of 100% of CNP Cap, continuing its multi-partner development internationally

CNP Assurances announces the completion of the acquisition of ICATU's stake in CNP Capitalização S.A. "CNP Cap", bringing its stake to 100%.

Press release

CNP Assurances continues to finalize its acquisitions in Brazil announced on 14 September 2022

CNP Assurances announces the completion of the acquisition of Caixa Seguridade's stake in CNP Participações em Seguros Ltda. “Holding Seguros”, bringing its ownership to 100%.

Press release

La Banque Postale: Successful inaugural Social covered bond issue

La Banque Postale, through its subsidiary La Banque Postale Home Loan SFH dedicated to refinancing home loans granted by the bank retail network in France, has successfully placed its first social covered bond issue on January 23th 2023 focusing on social home ownership loan - “Prêt d’Accession Sociale”. This transaction follows a first issue of green bond through this vehicle in 2022.

Press release

CNP Assurances announces a significant increase in the rates of return on its euro funds

To better support its policyholders in an environment of inflationary pressure and rising interest rates, CNP Assurances, a responsible and committed insurer, is increasing the 2022 rates of return on euro funds for its entire range of life insurance policies1 compared with 2021.

Press release

CNP Assurances successfully launches its first subordinated sustainable bond

A player in ecological and social transition, CNP Assurances announces the successful issue of its first sustainable bond, carried out on January 11, 2023, for an amount of €500 million. The fixed annual coupon is 5,25% until july 18, 2033 and then will be floating beyond this date and until its maturity.

Press release

La Banque Postale is positioned well above the prudential requirements set by the ECB for 2023

La Banque Postale has been notified by the European Central Bank of the results of the Supervisory Review and Evaluation Process (SREP) conducted in 2022 and its level of prudential capital requirements on a consolidated basis, applicable for 2023.

Press release

CNP Assurances publishes its new Sustainable Bond Framework for financing social and environmental projects

As a player committed to the just transition to a low-carbon economy, CNP Assurances announces the update of its Green Bond Framework set up in 2019 to finance environmental projects by a new Sustainable Bond Framework allowing to finance also social projects. This expansion, aligned with our corporate mission for being adopted in 2021, reflects the actions carried out with our partners for an inclusive and sustainable society.

Press release

CNP Assurances completes the sale of CNP Partners to Mediterráneo Vida and continues to streamline its operations in Europe

CNP Assurances has announced the completion of the sale of 100% of the capital of CNP Partners, its Spanish life insurance subsidiary, to Mediterráneo Vida. CNP Partners' activities are mainly dedicated to traditional savings products in Spain and Italy.

Press release

CNP Assurances completes 100% acquisition of Odonto Empresa marking another step forward in its international multi-partner development strategy

CNP Assurances finalized the acquisition of the shares held by Caixa Seguridade in Odonto Empresas Convênios Dentários Ltda., “Odonto Empresa”, raising its shareholding to 100%.

Press release

La Banque Postale and Project Syndicate to launch the Sustainability Book Award

La Banque Postale and Project Syndicate, an international non-profit media organisation, are launching the "Sustainability Book Award", a new international academic prize that will be awarded each year to a book that contributes to a better understanding of global sustainability issues. The first winner of the award will be announced in July 2023 following the deliberations of an international jury of business leaders and sustainability experts.

Press release

S&P Global Ratings revised the outlooks of La Banque Postale

On 6 December 2022, S&P Global Ratings (S&P) revised the outlooks of La Banque Postale to negative from stable. The outlook revision follows a similar action on France.

Press release

S&P Global Ratings confirms the rating of La Banque Postale to A+ with a stable outlook

Press release

S&P Global Ratings confirms the rating of La Banque Postale to A+ with a stable outlook

Press release

CNP Assurances completes 100% acquisition of CNP Consórcios marking another step forward in its international multi-partner development strategy

CNP Assurances finalized the acquisition of the shares held by Caixa Seguridade in CNP Consórcio S.A. Administradora de Consórcios, “CNP Consórcios”, raising its shareholding to 100%.

Press release

CNP Assurances completes 100% acquisition of CNP Consórcios marking another step forward in its international multi-partner development strategy

CNP Assurances finalized the acquisition of the shares held by Caixa Seguridade in CNP Consórcio S.A. Administradora de Consórcios, “CNP Consórcios”, raising its shareholding to 100%.