Investor presentation
If you need further information, please contact us:
investor.relations@crnavarra.com
You can also find additional information about Caja Rural de Navarra on the CNMV webpage.
- Gris oscuro
Financial Data
INFORMATION OF PRUDENTIAL RELEVANCE
STATUTES
OTHER RELEVANT INFORMATION
Public financial report can be found at Bank of Spain.
- Gris claro
Sustainability
Sustainability Bond Framework
Sustainable bonds committed to (re)finance projects/activities focused on environmental sustainability and creating social impact in local communities.
Risk rating
- Gris claro
CSR Report and non-financial reporting statement
- Gris oscuro
Issues
Securities Notes
XII issue - ES0415306101 - Green
XI issue - ES0415306093 - Green
XI issue - ES0415306093 Green (English non-biding translation)
VIII issue - TAP - ES0415306069
VIII issue - ES0415306069 - Sustainable
Covered bonds Rating
Quarterly Report: CRN
Quarterly Report: Moody's
Quarterly Report: Covered Bond Label HTT
EEM Label HDT Report
Spanish Royal Decree-Law 24/2021
In relation to the Transposition of Directive (EU) 2019/2162 of the European Parliament and of the Council of 27 November 2019 on the issuance and public supervision of covered bonds via the Spanish Royal Decree-Law 24/2021.
In accordance with the Second Transitional Provision of Royal Decree-Law 24/2021 (hereinafter “RDL 24/2021”), Caja Rural de Navarra (hereinafter “the Bank”) hereby informs investors about the procedure adopted for assigning cover assets to mortgage covered bonds issued before RDL 24/2021 came into force:
• The Bank of Spain authorised the creation of a Programme of Mortgage Covered Bond issues for the purpose of adapting pre-existing issues of such bonds to comply with the regulations envisaged in RDL 24/2021. The procedure for determining which assets should be included in the cover pool is set out in the Programme and seeks to ensure that the cover pool achieves a minimum threshold of creditworthiness, sufficient granularity and a level of geographical diversification similar to the geographical footprint of the Issuing Bank's business operations. It was also decided to establish a liquidity buffer to help match the average maturities of loans with the maturity of the securities in issue.
• In accordance with the Fifth Transitional Provision of Royal Decree-Law 11/2022, regarding real collateral pledged against the mortgage loans included in the cover pool for the Mortgage Covered Bonds issued before the entry into force of RDL 24/2021, the current value shall be taken to be the benchmark value used by the Bank in accordance with Bank of Spain Circular 4/2017, which can be no higher than the value determined by the full individual appraisal conducted in accordance with ministerial order ECO/805/2003 when the loan was first granted.
• The Bank of Spain authorised and registered Beka Finance, S.V., S.A. as external cover pool monitor, as required by Article 31 of RDL 24/2021, in accordance with the decision of the Bank's Governing Board taken at its meeting of 25 March 2022.Prospectus
Final Terms Prospectus
The information contained in this website is for information purposes only and may not, therefore, be considered as an opinion or investment recommendation. The information has been obtained from sources considered reliable, but, although reasonable measures have been taken to ensure that the information is correct, Caja Rural de Navarra does not guarantee that it is accurate, complete, or up to date, and declines any responsibility for any errors or omissions contained in such information.
Caja Rural de Navarra is not responsible for any information included in this page and coming from third parties, and is not liable for any consequence or damage that may arise from access to or use of such information. Likewise, Caja Rural de Navarra rejects all responsibility for any information/content of third party web pages connected by links to this page.
Caja Rural de Navarra reserves the right to modify, restrict or eliminate the information published on the website at any time and without prior notice. Likewise, Caja Rural de Navarra reserves the right to modify the configuration or layout of the website at any time and without prior notice.
Access to and distribution of the information/documentation presented on this website is restricted and limited by law to certain persons and jurisdictions. The information/documentation displayed on this website is intended solely for professional clients and eligible counterparties within the European Economic Area under Directive 2014/65/EU. Such information/documentation is not addressed to persons whose business has its registered office outside the EEA and, in particular, to those whose registered office is in the United States, Canada, Australia or Japan.