Examples of Crédit Mutuel Arkéa in a sentence
The rating criteria for the Issuer include both the financial health of its parent, Crédit Mutuel Arkéa, as well as the strength of the support which is granted by the entities of the Crédit Mutuel Arkéa Group as Collateral Providers by way of the Collateral Security and various other structural features such as any Cash Collateral that aim to achieve a de-linkage between the rating of Crédit Mutuel Arkéa and the rating of the Covered Bonds.
Nevertheless, if the Collateral Security and the other support granted to the Issuer prove insufficient or fail to be granted to the Issuer in accordance with the Programme Documents, decreases in the credit rating of Crédit Mutuel Arkéa may cause a decrease in the credit rating of the Covered Bonds.
Crédit Mutuel Arkéa is part of the mutual and cooperative banking sector.
Crédit Mutuel Arkéa also provides access to the financial markets for all Group entities.
Crédit Mutuel Arkéa ensures that the Group's main financial ratios comply with the regulatory limits set by the banking authorities.
On the basis of the orientation vote in April 2018, the impact of this exit on the Crédit Mutuel Arkéa Group would be low.
For example, such potential conflicts may arise because Crédit Mutuel Arkéa acts in several capacities under the agreements relating to the Programme, it being provided that its rights and obligations under the agreements relating to the Programme are not contractually conflicting and are independent from one another.
The credit institution, whose financial statements are hereafter referred to as the consolidated financial statements, consists of the cooperative companies (local savings banks of the Crédit Mutuel de Bretagne, Crédit Mutuel du Sud-Ouest and Crédit Mutuel Massif Central federations), the legal entity Crédit Mutuel Arkéa and its affiliates.
The institutions selected are currently Barclays, Crédit Mutuel Arkéa and ING Luxembourg.
The Crédit Mutuel Arkéa Group has begun the operational implementation of its disaffiliation.