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The FBF represents French banks and foreign banks that have set up subsidiaries or branches in France, whether they are from Europe or elsewhere. Credit institutions that are authorized to operate as banks in France and branches of credit institutions based in the European Economic Area are fully entitled to become members of the FBF, which is ...
The banking industry in France has, as of 11 October 2008, an average leverage ratio (assets/net worth) of 28 to 1, and its short-term liabilities are equal to 60% of the French GDP or 128% of its national debt. [1] France operates a deposits guarantee fund, known as the Fonds de Garantie des Depôts.
It is the only bank in France charged with the responsibility to implement banking services to the public under a legislative initiative to modernize the French economy in 2008. [7] La Banque postale reports a net income of €5.602 billion, -2.5% relative to 2015.
The Bank of France (French: Banque de France [bɑ̃k də fʁɑ̃s], the name used by the bank to refer to itself in all English communications) is the member of the Eurosystem for France. It was established by Napoleon Bonaparte in 1800 as a private-sector corporation with unique public status.
The Crédit Commercial de France (French pronunciation: [kʁedi kɔmɛʁsjal də fʁɑ̃s], "Commercial Credit [Company] of France", abbr. CCF) is a commercial bank in France, founded in 1894 as the Banque Suisse et Française and renamed to CCF in 1917. By the end of the 1920s, it had grown to be the sixth-largest bank in France.
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The Banque Transatlantique (French pronunciation: [bɑ̃k tʁɑ̃zatlɑ̃tik], lit. ' Transatlantic Bank ') is a French bank that was founded by Eugène Péreire in 1881, and remains as one of France's oldest private banks. Its ownership was acquired in 1941 by Crédit Industriel et Commercial (CIC) in the context of the Vichy anti-Jewish ...
Following France's 1966 banking reform, on 1 January 1968 the partnership de Rothschild Frères was re-organized as Banque Rothschild, a limited-liability company. [ 3 ] By 1980, the Paris business employed about 2,000 people and had an annual turnover of 26 billion francs ($5 billion in the currency rates of 1980).