Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>Dexia</strong>Public/Project Finance and Credit EnhancementPublic/ProjectFinance andCredit Enhancement<strong>Dexia</strong>’s global leadership in public finance is deservedlyrenowned. The Group operates several subsidiaries andbranches in twenty-six countries worldwide. The main onesare <strong>Dexia</strong> Crédit Local in France and its main subsidiariesabroad, <strong>Dexia</strong> Bank in Belgium, <strong>Dexia</strong> Crediop in Italy andFinancial Security Assurance (FSA) in the United States.The very large size of the market, the quality and solvencyof borrowers, and the large and growing needs for essentialpublic infrastructures, offer wide opportunities for the <strong>Dexia</strong>Group to underwrite valuable business and expand itsinternational coverage. Size, innovation, expertise and a longtermview are the key ingredients of <strong>Dexia</strong>’s success in thisbusiness line, which represents over one half of its earnings.Execution is provided in different forms: straightforwardlending, sophisticated project financing schemes and creditenhancement. In addition, insurance, payments, assetmanagement and other services are offered to clientele.50