Groupe BPCE statement regarding its activities in Russia

April 13, 2022

Groupe BPCE, which has only a minor exposure to the Russian market as communicated in Natixis’ Universal Registration Document published on March 11th, 2022, has ceased all new financing activity in Russia.

Its local team, which has been reduced to 34 people, is now engaged in managing residual credit portfolios and undertaking a limited number of technical transactions.