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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.
In this list of financial regulatory and supervisory authorities, central banks are only listed where they act as direct supervisors of individual financial firms, and competition authorities and takeover panels are not listed unless they are set up exclusively for financial services.
Moneo is based on the German system Geldkarte.It was launched in Tours on 30 September 1999 by economy minister Dominique Strauss-Kahn. [2] [3] Supported by all French banks, Moneo was tested in Brittany and Montpellier in 2002, and from 2004 Moneo has been added to most French bank cards.
The Crédit Lyonnais (French: [kʁedi ljɔnɛ], "Lyon Credit [Company]") was a major French bank, created in 1863 and absorbed by former rival Crédit Agricole in 2003. Its head office was initially in Lyon but moved to Paris in 1882. In the early years of the 20th century, it was the world's largest bank by total assets. [1]
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.
In 2013 BNP Paribas was awarded the Bank of the Year award by The International Financing Review ("IFR"), Thomson Reuters' leading financial industry publication. [28] [29] [30] BNP Paribas reached an agreement in December 2013 to acquire Rabobank's Polish unit BGZ Bank for around $1.4 billion. [31]