Banking 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 Depots .

During 2018 the banking sector of the French economy employed 362,800 people. ^[2]

Largest banks [ edit ]

The largest banks by total assets in Euros (as of Year end 2020) in France are the following:

1. BNP Paribas : $2,488.5 Bn

2. Credit Agricole : $1,961.1 Bn

3. Societe Generale : $1,462.0 Bn

4. BPCE : $863.3 Bn

5. Credit Mutuel - CIC: $624.0 Bn

History of banking [ edit ]

At about the time of the commencement of the year 1800, ^[3]^[4] and of the first period of revolutionary change in banking within the continent of Europe, the high banking houses of France included the Hottinguer , Mallet (fr), Neuflize (fr), Rothschilds and Vernes (fr). ^[3]^[4]

Online banking in France [ edit ]

Monabanq (fr), opened during and is based in Hauts-de-France . ^[5]^[6]

References [ edit ]

^ Norris, Floyd (2008-11-10). "The World's Banks Could Prove Too Big to Fail ? or to Rescue" . NY Times . Retrieved 26 April 2010 .
^ Chiffres cles et evolution de l’emploi dans la banque en 2018 Archived 2019-12-22 at the Wayback Machine (fr), La Federation Bancaire Francaise Retrieved 2019-06-20
^ ^a ^b Hubert Bonin - Histoire de la Societe generale (I) 1864-1890, naissance d'une banque p.11, Librairie Droz S.A. , 2006, Volume 20 of Publications d'histoire economique et sociale internationale, ISBN 2600010386 , ISBN 9782600010382 Retrieved 2019-06-20
^ ^a ^b Ivan Berend (2013) - An Economic History of Nineteenth-Century Europe: Diversity and Industrialization , p.153 , Cambridge University Press ISBN 1107030706 , ISBN 9781107030701 Retrieved 2019-06-20
^ Banques-en-ligne Culture banque Retrieved 2019-06-20
^ apropos Mona banq Retrieved 2019-06-20

Source [ edit ]

La Federation Bancaire Francaise Archived 2001-10-30 at the Wayback Machine (the Banking Federation of France )

External links [ edit ]

This France -related article is a stub . You can help Wikipedia by expanding it .

[1] Norris, Floyd (2008-11-10). "The World's Banks Could Prove Too Big to Fail ? or to Rescue" . NY Times . Retrieved 26 April 2010 .

[2] Chiffres cles et evolution de l’emploi dans la banque en 2018 Archived 2019-12-22 at the Wayback Machine (fr), La Federation Bancaire Francaise Retrieved 2019-06-20

[a-3] Hubert Bonin - Histoire de la Societe generale (I) 1864-1890, naissance d'une banque p.11, Librairie Droz S.A. , 2006, Volume 20 of Publications d'histoire economique et sociale internationale, ISBN 2600010386 , ISBN 9782600010382 Retrieved 2019-06-20

[b-4] Ivan Berend (2013) - An Economic History of Nineteenth-Century Europe: Diversity and Industrialization , p.153 , Cambridge University Press ISBN 1107030706 , ISBN 9781107030701 Retrieved 2019-06-20

[5] Banques-en-ligne Culture banque Retrieved 2019-06-20

[6] ropos Mona banq Retrieved 2019-06-20

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