In line with Sfil’s financial performance in 2021, earnings were also highly robust in 2022. Sfil generated a consolidated net banking income of EUR 243 million (up by 3.5% 2021) and a consolidated net income of EUR 86 million (+12% compared with 2021).
The activity was relatively dynamic in spite of volatile interest rates and heavy constraints related to the rate setting mechanism for the usury rate. Sfil has forged a new partnership with Banque des Territoires, which is effective since November 2022. This scheme aims to provide French local authorities and hospitals with fixed rate very long-term funding, with maturities between 25 and 40 years.
In addition, Sfil launched a new range of social loans with La Banque Postale in order to support French local authorities in financing investments related to health, education, sport, culture, development and regional cohesion.
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