Financial presentation
of Banque Stellantis France

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A refinancing policy that has diversified since 2015.

As at 30 June 2024, the refinancing of the Banque Stellantis France Group was split as follows:

  • 4% from drawn bank loans and a collateralised loan;
  • 20% from negotiable debt security and EMTN bond issuances on the capital markets;
  • 31% from repayable funds from the public in relation to deposit activity;
  • 20% from securitization transactions placed;
  • 6% from other external refinancing, of which 3% from the European Central Bank (participation in TLTRO-III operations);
  • 17% from intra-group credit lines granted by Santander Consumer Finance;
  • 2% of subordinated debt subscribed in equal parts by each of the two shareholders.

Banque Stellantis France in brief

Banque Stellantis France Group is the credit institution that consolidates Stellantis Group's financing activities in France, and since May 2023 for all the the brands customers and distribution networks also in Belgium, Luxembourg and the Netherlands.

Banque Stellantis France is a partnership joint venture (50/50) between Stellantis Financial Services Europe and Santander Consumer Finance.

Banque Stellantis France offers financing, insurance and services as well as savings to the general public in France and since 2023 in Germany, in the Netherlands and in Spain.

Banque Stellantis France finances the purchase and rental of new and used vehicles by individuals and corporate customers through all brands of Stellantis dealer networks.

Proposed financing solutions include credit sales as well as leasing with or without an option to purchase.
For all brands of Stellantis network in France, Banque Stellantis France offers financing solutions for new, used and demonstration vehicles along with spare parts.

Banque Stellantis France refinancing strategy is based on the diversification of its sources of liquidity.

Since 2015, Banque Stellantis France Group has received intra-group financing directly from Santander Consumer Finance, in addition to the financing provided by debt securitization transactions, retail savings inflow from French customers and since 2023 also in Germany, in the Netherlands and in Spain, bilateral bank credit lines, and access to the refinancing operations of the European Central Bank (ECB).

After the first issues of negotiable debt securities in 2016, the strategy to diversify refinancing sources continued through the development of access to capital markets, specifically with nine bond issuances under the EMTN program, with in January 2023, its first Green Bond with a maturity of three years.

Banque Stellantis France Group is the credit institution that consolidates Stellantis Group's financing activities in France, and since May 2023 for all the the brands customers and distribution networks also in Belgium, Luxembourg and the Netherlands.

Banque Stellantis France is a partnership joint venture (50/50) between Stellantis Financial Services Europe and Santander Consumer Finance.

Banque Stellantis France offers financing, insurance and services as well as savings to the general public in France and since 2023 in Germany, in the Netherlands and in Spain.

Banque Stellantis France finances the purchase and rental of new and used vehicles by individuals and corporate customers through all brands of Stellantis dealer networks.

Proposed financing solutions include credit sales as well as leasing with or without an option to purchase.
For all brands of Stellantis network in France, Banque Stellantis France offers financing solutions for new, used and demonstration vehicles along with spare parts.

Banque Stellantis France refinancing strategy is based on the diversification of its sources of liquidity.

Since 2015, Banque Stellantis France Group has received intra-group financing directly from Santander Consumer Finance, in addition to the financing provided by debt securitization transactions, retail savings inflow from French customers and since 2023 also in Germany, in the Netherlands and in Spain, bilateral bank credit lines, and access to the refinancing operations of the European Central Bank (ECB).

After the first issues of negotiable debt securities in 2016, the strategy to diversify refinancing sources continued through the development of access to capital markets, specifically with nine bond issuances under the EMTN program, with in January 2023, its first Green Bond with a maturity of three years.

Investor Presentation - Banque Stellantis France Group - September 2024
24/09/2024
pdf
2.53 MB

FINANCE DOCUMENTATION

Securitization

Solid expertise for more than 10 years with regular launch of AUTO ABS operations.

Rating

Banque Stellantis France is rated by two rating agencies: Moody's Investors Service Ltd. and Standard & Poor's Credit Market Services France S.A.S.

Debt Program

Banque Stellantis France is a regular issuer in the capital markets and has several debt issuance programs (NEU CP, NEU MTN, EMTN)

Last financial report

2024 Half-year Report

Find the half-year financial results of Banque Stellantis France Group.