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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.
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.
The CB Bank Card Group (French: Groupement des cartes bancaires CB), also known as simply CB, is France's national interbank network, with over 46,000 ATMs and over 1 million EFTPOS acceptance points. [1] Carte Bleue Visa is a brand often associated with CB.
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 ...
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.
In 2006, the bank's commercial activities represented 52% of its net operating income, financial activities 44% and the trading room 4%. The bank's profits rose from 48 million euros in 1999 to 215 million euros in 2006. To avoid another period of crisis, the bank operated a rigorous risk management policy.
Banking in France (2 C, 7 P) F. Financial regulation in France (1 C) Financial services companies of France (6 C, 17 P) S. Stock exchanges in France (2 P)
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