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THE BOARD OF DIRECTORS OF RCI BANQUE S.A. HAS APPROVED THE APPOINTMENT OF PATRICK CLAUDE AS CHAIRMAN OF THE BOARD OF DIRECTORS OF RCI BANQUE S.A.
Globenewswire· 2025-10-29 16:45
MEDIA RELEASE Paris, 29th October 2025 THE BOARD OF DIRECTORS OF RCI BANQUE S.A. HAS APPROVED THE APPOINTMENT OF PATRICK CLAUDE AS CHAIRMAN OF THE BOARD OF DIRECTORS OF RCI BANQUE S.A. The Board of Directors of RCI Banque S.A., which met on Wednesday 29 October 2025, approved the appointment of Patrick Claude as the new Chairman of the Board of Directors of RCI Banque S.A. Patrick Claude succeeds Gianluca De Ficchy, who is leaving the Group to focus on personal projects. He will work with Martin Tho ...
RCI BANQUE : PLACEMENT OF A 739.3 MILLION EURO SECURITIZATION BACKED BY FRENCH AUTO LEASES WITH PURCHASE OPTION “LOA”
Globenewswire· 2025-08-29 17:00
Core Insights - Mobilize Financial Services Group has successfully placed a securitization of 739.3 million euros backed by French auto leases with a purchase option [2] - The securitization includes 700 million euros of Senior notes and 39.3 million euros of subordinated notes, rated AAA(sf) / AAA(sf) and A+(sf) / AA(sf) respectively by Fitch and S&P [2][3] - The Senior tranche has a weighted average life of 2.01 years with a coupon of Euribor 1 month + 56bps, while the subordinated notes have a weighted average life of 3.58 years with a coupon of Euribor 1 month + 90bps [3] Company Overview - Mobilize Financial Services is a subsidiary of Renault Group, focusing on innovative financial services to promote sustainable mobility [5] - The company operates in 35 countries with nearly 4,000 employees and financed over 633,000 contracts for new and used vehicles by the end of June 2025 [6] - As of June 2025, Mobilize Financial Services reported average earning assets of 58.9 billion euros and pre-tax earnings of 607 million euros [6] Financial Position - The company has developed a deposit-taking business since 2012, with net deposits reaching 30.5 billion euros, representing 49% of its net assets by the end of June 2025 [7]
XAVIER DEROT APPOINTED DEPUTY CHIEF EXECUTIVE OFFICER OF MOBILIZE FINANCIAL SERVICES
Globenewswire· 2025-07-08 14:00
Core Points - Xavier Derot has been appointed as Deputy CEO of Mobilize Financial Services, effective July 1, 2025, pending approval from the European Central Bank [2][3] - The appointment aims to strengthen the governance of Mobilize Financial Services [3] Company Overview - Mobilize Financial Services is a subsidiary of Renault Group, focusing on innovative financial services to promote sustainable mobility [7] - The company has been operational for over 100 years and is the commercial brand of RCI Banque SA, specializing in automotive financing and services for Renault, Nissan, and Mitsubishi [7] Financial Performance - In 2023, Mobilize Financial Services financed over 1.2 million contracts for new and used vehicles and sold 3.7 million service contracts [8] - As of December 2024, the average earning assets were €61 billion, with pre-tax earnings of €1,194 million [8] - The company had net deposits of €30.5 billion, representing 50% of its net assets by the end of December 2024 [9]