First issuance of a Green Bond
PSA Banque France issued its first Green Bond
Poissy, on 30 May 2023 - As part of the partnership between Stellantis Financial Services and Santander Consumer Finance (subsidiaries of Stellantis and Santander, respectively), Banque Stellantis France today acquired from Stellantis Financial Services España (the 50/50 joint-venture in Spain between Stellantis Financial Services and Santander Consumer Finance), the shares of Stellantis Financial Services Belux SA and Stellantis Financial Services Nederland B.V.
Banque Stellantis France now consolidates, with no impact on their commercial activity, these two automotive financing entities which operate in Belgium, the Netherlands and Luxembourg.
This purely internal restructuration to the cooperation between Stellantis and Santander allows Banque Stellantis France to expand its geographical scope of activity.