21 September 2018
Brussels, 21 September 2018 – For immediate release
The Covered Bond Label Foundation (CBLF) is pleased to announce that My Money Bank is entering the Covered Bond Market and has decided to join the Covered Bond Label since its commencement. As of today, the total number of cover pools under the Covered Bond Label stands at 122 across 18 jurisdictions globally.
Luca Bertalot, CBLF Administrator, said:
“My Money Bank has the vision to design its inaugural covered bond programme to be fully compliant with the Covered Bond Label since its outset. This move has increased the coverage of the French market providing investors with a fundamental transparency tool comparable at a global level. Thus, we are very delighted to welcome and embrace My Money Bank in the Covered Bond Label family.”
Eric Shehadeh, CEO of My Money Bank, stated:
This Press Release is available on the Covered Bond Label website here.