...IDRs Equalised with Parent's: Natixis' Issuer Default Ratings (IDRs) are aligned with those of Groupe BPCE (GBPCE; A/Stable) as Natixis is part of GBPCE's legally established cooperative cross-support mechanism. GBPCE's Commitment to Support: BPCE S.A. (A/Stable), GBPCE's central body, is responsible for ensuring that Natixis meets its liquidity and solvency requirements at all times, as prescribed by the French Financial and Monetary Code. The central body can access the resources of all entities that are part of the cross-support mechanism. Key to GBPCE's Strategy: Natixis has a strategic role within the group as it carries out part of GBPCE's core activities: corporate and investment banking (CIB), investment solutions (IS; asset management, private banking and insurance) and specialised financial services (SFS; leasing, factoring and consumer finance). Close Integration with GBPCE: BPCE S.A. owns 71% of Natixis, the remaining 29% being listed. Natixis is highly integrated with its parent...
