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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.
This department, based in Brussels and in Paris, handles relations with EU institutions and the various bodies representing the banking and financial services industries in Europe. It monitors international issues and relations with global banking associations, and deals with issues that specifically concern foreign banks operating in France.
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.
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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.
The bank also launched into insurance savings, with Vie-Bred contracts in 1980, then the creation of Prepar in 1983, its own insurance company. In 1989, BRED managed 2 billion francs in insurance reserves. In 1982, the bank also acquired Richelieu, a securities firm, renamed Compagnie financière d'épargne et de placement (CFEP) the following ...
In France, “we knew that Ben and Léopold and our family were going to form a family with an adopted son for 3 weeks,” the Lecoqs said in an email. “He was the third boy in the family. Ben ...
Through the creation of energy transporting companies in Tunisia in 1884 and Morocco in 1911, the bank was able to finance the provision of gas and electricity to the capital and many surrounding regions in France. The bank also encouraged foreign investment by financing many public works projects that are still visible today, most notably in ...