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2018 results and business activity
La Banque Postale’s Supervisory Board, meeting under the chairmanship of Philippe Wahl on 20 February, examined the audited 2018 consolidated financial statements, approved by the Executive Board of La Banque Postale and presented by its Chairman Rémy Weber.
La Banque Postale’s Group 2018 Results and Business activity
Resilient earnings and a solid balance sheet
ACPR's decision to impose a sanction
The ACPR Sanctions Committee issued a reprimand and a financial penalty of €50 million to La Banque Postale following the report on the anti-money laundering and terrorist financing (AML- CFT) initiative. Considering this sanction particularly severe in view of the materiality of the evidence, La Banque Postale decided to lodge an appeal with the Conseil d'Etat.
La Banque Postale S.A. buys a second part of Rabobank’s mortgage portfolio
La Banque Postale S.A. has purchased a second loan portfolio constituted of Netherlands based mortgages worth around €780 millions from Rabobank. The loans were originated by Rabobank, which remains the client servicer, and all benefit from a NHG guarantee.
Project for the creation of a large public financial unit serving territories involving Caisse des Depots and La Poste
Within the PACTE law framework, The French government will, in the coming days, submit for debate to the Parliamentary Assembly a draft amendment enabling the creation of a large public financial unit serving territories, involving CDC and La Poste.
Results and business activity of la banque postale group h1 2018
Dynamic sales momentum and growth in results.