AXA Bank Belgium, (rated A+/A-1, Stable Outlook by S&P and A2/P-1, Stable Outlook by Moody’s) is part of the AXA Group.
AXA Bank Belgium is a significant player in the Belgian mortgage market with a market share of approximately 8% in mortgage loans. As part of AXA Group strategy, AXA Bank Belgium has developed its own funding platform 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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