France: Financial System Stability Assessment
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This Financial System Stability Assessment on France discusses the French financial system and the restructuring of French banks to different business models. The French banking system weathered the 2007–09 global financial crisis well. The large French banks have announced plans to meet Basel III Common Equity Tier 1 (CET1) capital targets during 2013, and have divested noncore assets. The banks are increasing their liquidity and reducing their dependence on short-term and U.S. dollar wholesale funding. IMF staff recommends timely feedback and strengthened follow-up mechanisms in the supervisory process.
Series:
Country Report No. 2012/341
Subject:
Banking Financial crises Financial institutions Financial sector policy and analysis Insurance Insurance companies Solvency Stress testing
English
Publication Date:
December 21, 2012
ISBN/ISSN:
9781475545371/1934-7685
Stock No:
1FRAEA2012001
Pages:
102
Please address any questions about this title to publications@imf.org