In due time, the Corporate Funding Association will formally apply for a banking licence from the French banking authority. This banking licence will be strictly restricted to corporate lending to the sole corporate Members. The banking licence will be subject to a minimum of 100 corporate Members.
Such restrictions will translate in a highly-rated, transparent and diversified asset portfolio, which is one of the key features of CFA to maintain a high-quality risk profile for all stakeholders.
Concurrently, this will position CFA as a natural long-term partner with the traditional investment banks as it will not be competing on “side business” while contributing regulatory capital to the banking industry.