France : Financial System Stability Assessment

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

December 21, 2012

Electronic Access:

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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. 12/341

Subject:

English

Publication Date:

December 21, 2012

ISBN/ISSN:

9781475545371/1934-7685

Stock No:

1FRAEA2012001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

102

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