AXA Bank Belgium, (rated A-/A-2, Stable Outlook by S&P and A3/P-2, Positive Outlook by Moody’s) is part of Crelan Group since 31/12/2021.
AXA Bank Belgium is a significant player in the Belgian mortgage market with a market share of approximately 8% in mortgage loans. AXA Bank Belgium has developed its own funding platform in 2010 based on the French obligations foncières law. The obligations foncières are issued by AXA Bank Europe SCF.
As of 14th March 2019, the Aaa-rated obligations foncières are secured by prime Belgian residential mortgage loans, originated and serviced by AXA Bank Belgium.
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