Banking in France
Encyclopedia
The Banking industry in France
has, as of 11 October 2008, an average leverage ratio (assets/networth) of 28 to 1 and its short-term liabilities are equal to 60% of the French GDP or 128% of its national debt.
France operates a deposits guarantee fund, known as the Fonds de Garantie des Depôts
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France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...
has, as of 11 October 2008, an average leverage ratio (assets/networth) of 28 to 1 and its short-term liabilities are equal to 60% of the French GDP or 128% of its national debt.
France operates a deposits guarantee fund, known as the Fonds de Garantie des Depôts
Fonds de Garantie des Depôts
The Fonds de Garantie des Dépôts is a French deposit insurance fund. It was established on June 25, 1999 and guarantees deposits up to €70,000....
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