On 15 November 2018, the French Ministry for the Economy and Finance and
Caisse des Dépôts et Consignations announced that they have entered into
discussions on the transfer of control of SFIL to Caisse des Dépôts et
Consignations.
Caisse Française de Financement Local’s business consists in refinancing
loans to the public sector  in the framework of two missions entrusted by the
French State, via the issuance of covered bonds. SFIL’s  role is to provide
support for the activities of Caisse Française de Financement Local as a
servicer, as defined by the regulations that apply to sociétés de crédit foncier ,
in particular within the meaning of Article L.513 -15 of the French Code
monétaire et financier.
SFIL and Caisse Française de Financement Local are part of the organization
of the public sector structure created in 2013 and dedicat ed to the financing of
local governments and public healthcare institutions in France. This structure,
which the French State has described as a “public bank for local authorities”,
is based on a three -pronged organization:
 commercial activities developed by La Banque Postale,
 refinancing activities conducted by Caisse Française de Financement
Local, including large export credit,
 operational functions in support of the above performed under the
responsibility of SFIL.

### Language ###
French

### Assessment ###
The text mentions the French State's description of this structure, which could be an interesting information point to extract.

### Query ###
Pour les collectivités locales, quel nom officiel l'État français donne-t-il à sa structure bancaire ?
Pour les collectivités locales, quel nom officiel l'État français donne-t-il à sa structure bancaire ?