BNP Paribas Public Sector SCF was established to support the development of its French public sector lending activity. BNP Paribas Public Sector SCF is authorised to issue public sector covered bonds (Obligations Foncières), with cover assets ("cover pool") consisting entirely of exposures on the French public sector in the form of public loans granted by BNP Paribas.
BNP Paribas Public Sector SCF is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is WD (withdrawn). BNP Paribas Public Sector SCF participates in deposit guarantee scheme of France. This scheme covers accounts up to 100 000 EUR per bank per depositor.
BNP Paribas Public Sector SCF is a member of BNP Paribas (France). BNP Paribas Public Sector SCF is headquartered in PARIS 09.
|WD (withdrawn)||- (not rated)|
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. BNP Paribas Public Sector SCF is rated by Fitch.
Credit ratings assigned to BNP Paribas Public Sector SCF as of April 2016 are shown in details in the following sections.
Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for BNP Paribas Public Sector SCF it is set to WD (withdrawn). The rating is not on watch. Short-term issuer default rating for BNP Paribas Public Sector SCF is set to WD (withdrawn).
|Long-Term Issuer Default Rating||WD|
|Short-Term Issuer Default Rating||WD|
|Support Rating Floor||-|
Viability rating for BNP Paribas Public Sector SCF is not set support rating is WD; support rating floor is not set.
|Yes (up to 100 000 EUR per depositor)|
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All credit institutions operating in France are obliged to participate in French deposit guarantee scheme.
In the case of BNP Paribas Public Sector SCF failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Eligible Depositors||natural persons, legal entities|
|Covered Accounts||all deposit accounts (current accounts, demand accounts, passbook accounts, term accounts, home savings accounts, home savings schemes, etc.)|
|Covered Currencies||all currencies|
|Maximum Protected Amount||100 000 EUR|
|Paid In Currency||EUR|
BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.
A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).
BIC of BNP Paribas Public Sector SCF and its components are shown in the table below.
|Bank BIC Code||BNPA|
|Country Code||FR (France)|
MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.
The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.
MFI ID of BNP Paribas Public Sector SCF is shown in the table below.