Agence France Locale
Bank owned by French local authorities, lending to communes, departments, regions and intercommunal bodies for public investment
Highlights
- New on EvolcAdded 2026-10-31
About Agence France Locale
Agence France Locale (AFL) is a bank owned by French local authorities. It finances their public investment projects through loans to communes, departments, regions, intercommunal groupings and local public institutions.
The bank's customers are the local authorities that hold its shares, around 1,300 of them according to the website. Revenue comes from lending to these members. The website reports more than 12 billion euros of credit granted since 2015 and ranks AFL as the third bank lender to local authorities (source cited: Finance Active, March 2024).
AFL was created by the law of 26 July 2013, with 11 local authorities as founders, and was registered in December 2013. It began operating in 2015 after approval from the French banking supervisor, ACPR. The supervisor recognised it as a public development bank in 2021. Its headquarters are in Lyon.
Product: Loans that finance public investment projects of French local authorities, provided by a bank the local authorities own.
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