2019 Financial Report 2019 Financial Report
2019 Financial report 2019 Financial report Introduction 3 Consolidated financial statements 7 Introduction 1 — Our model We safely manage the funds entrusted to us: these include escrow accounts, the assets of vulnerable populations and deposits from notaries “Caisse des dépôts et consignations and its subsidiaries constitute a and other regulated legal professionals. As banker to the social security state-owned group at the service of France’s public interest and of the system, we deliver administrative, financial and banking management country’s economic development. The Group fulfils public interest functions services, in the context of the mandates entrusted to us by the French in support of the policies pursued by the State and local authorities, and State. We are also developing a fiduciary business. As a trusted third party, may engage in competitive activities. […] Caisse des dépôts et we manage part of the budgets of the Investments for the Future consignations is a longterm investor promoting business development in Programme (PIA) on behalf of the French State. Our main customers are line with its own ownership interests.” the French public justice system (notaries, receivers, judicial represen- Article L. 518-2 of the French Monetary and Financial Code (Code moné- tatives, etc.), the French social security system and public interest players taire et financier) (amended by the 2008 Economic Modernisation Act). (social housing bodies, local public institutions, etc.). Our one-of-a-kind model: We centralise and manage regulated savings (Livret A, LDD, LEP) securely, and transform them into very long-term loans serving the public interest, in Trusted custodian and manager.
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