Axa, CFF to benefit as France cleans up covered bond frameworks

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Axa, CFF to benefit as France cleans up covered bond frameworks

The French government is expected to unveil a draft amendment to its covered bond laws, aligning the Société de Crédit Foncier (SCF) and Société de Financement de l’Habitat (SFH) frameworks, which should mainly benefit Axa Bank.

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