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 Depôts.

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

  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 clés et évolution de l’emploi dans la banque en 2018 Archived 2019-12-22 at the Wayback Machine (fr), La Fédération Bancaire Française Retrieved 2019-06-20