France : Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, Securities Regulation, Insurance Regulation, Payment Systems, Securities Settlement, and Anti-Money Laundering and Combating the Financing of Terrorism

Author/Editor:

International Monetary Fund

Publication Date:

November 3, 2004

Electronic Access:

Free Full Text (PDF file size is 701 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Financial System Stability Assessment on France reviews the institutional and regulatory framework. Consolidation among financial institutions has resulted in six large universal, vertically integrated banking groups having a strong position in the domestic market. Bank profitability has improved markedly over the past decade and is in line with average euro area levels. Systemic vulnerabilities in the important insurance sector are well contained. The government debt market is large, and the corporate debt market has been growing rapidly since the introduction of the euro.

Series:

Country Report No. 04/344

Subject:

English

Publication Date:

November 3, 2004

ISBN/ISSN:

9781451813555/1934-7685

Stock No:

1FRAEA0022004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

111

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