SFIL

SFIL logo (since 2020), featuring the CDC logo on the right. The tagline "Au service des territoires et des exportations" translates as "serving local communities and exports"

SFIL, known until 2015 as Société de Financement Local, is a French public credit institution spun off in February 2013 from the publicly rescued Dexia. SFIL operates in local public sector financing and large export credit contracts refinancing, in commercial partnership with publicly owned bank La Banque Postale (LBP). Since 2020 it has been fully owned by Caisse des Dépôts et Consignations (CDC), France's major public financial institution, but for a single share still held by the French state.

SFIL has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.[1][2]

  1. ^ "The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
  2. ^ "List of supervised entities" (PDF). European Central Bank. 1 January 2023.