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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.
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 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 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.
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 ...
France is planning to toughen unemployment rules by restricting the period when jobless citizens receive welfare payments, Prime Minister Gabriel Attal said on Wednesday. President Emmanuel Macron ...
Starting in 2007, BRED relaunched its international expansion strategy, but this time with a focus on local banks in high-growth countries: acquisition of 15% of the capital of Socredo in 2007 (French Polynesia), [15] 51% of the capital of BCIMR in 2007 , [16] Bank of Queensland (2009, [17] shares sold in 2013 [18]), 12.5% of Acleda Bank , [19 ...
The French government is planning to shorten the period people can claim unemployment benefits in order to strengthen incentives to work, Prime Minister Gabriel Attal said in an interview ...