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🏛 AIDES_TERRITOIRES · 📍 FR
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Dec 10, 2020
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L'AFL is the only French bank 100% owned by French local authorities and dedicated to them, regardless of their size or geographical location.
Created in 2013 on the initiative of pioneering elected officials' and local authorities' associations, based on the model of Scandinavian financing agencies, it has been operational since 2015.
Its agility and model allow it to fully meet the expectations of local authorities benefiting from the 'Petites Villes de demain' (Small Towns of Tomorrow) program.
Its purpose:
• "To embody responsible finance, to strengthen the action of local communities, in order to meet the present and future needs of inhabitants."
Its mission:
• To support local public investment by offering local communities access to financial resources, under the best conditions and with complete transparency: local authorities, intermunicipal structures, unions, and soon other local public establishments.
Its specificities:
• The AFL is based on principles of solidarity and equity between local authorities.
• The AFL is committed to a Corporate Social Responsibility (CSR) approach and launched its first sustainable bond in July 2020.
• The only bank in France owned by…