Keywords

Paris Financial Marketplace 2020 Committee – The time has come to send out a strong message about the attractiveness of the Paris Financial (…)

At the meeting of the Paris Financial Marketplace 2020 Committee on 30 May 2016, the French Banking Federation (FBF) once again emphasised the need to enhance the attractiveness (…)

The European Central Bank (ECB) will end the €500 banknote by 2018

The ECB will end production and issuance of the €500 banknote by 2018. It still remains legal tender and will always retain its value. On 4 May 2016, the Governing Council (…)

2015 Overview / Financing the French economy and SMEs

Funding SMEs is the top strategic priority for the French Banking Federation. French banks finance over one million French SMEs: they represent half of the credits mobilized (…)

Second annual « J’invite un banquier dans ma classe » initiative: more than 100 financial education workshops aimed at helping pupils (…)

As part of European Money Week1 taking place from 14 to 18 March, the French Banking Federation is again organising its "J'invite un banquier dans ma class" ("I invite a (…)

Summary of the main indicators for the French banking sector

Key figures 2016.

Banking attracts and promotes women

Banks have committed to achieving parity. Positive action has borne fruit. In 2014 more than 46% of managers were women. Banking has a predominantly female workforce. Women (…)

The FBF welcomes the European Commission’s action plan to combat terrorism financing and urges it to remove the anonymity of pre-paid (…)

French banks are fully committed to the fight against terrorism financing (press release of 20 November 2015). In this regard, they welcome the action plan announced by the (…)

Bank Recovery and Resolution Directive (BRRD): proposed legislation to reform the hierarchy of bank creditors will strengthen banking system (…)

French government authorities have announced their intention to legislate changes to the hierarchy of bank creditors in the event of financial difficulty. The measure is (…)

The implementation of the TLAC standard completes the measures in place to reinforce the robustness of systemic banks and renders the European (…)

The Financial Stability Board has issued its proposal for the TLAC (Total Loss Absorbing Capacity) standard for global systemically important banks. With the new standard, (…)

The FBF hosts the round table of the European Covered Bond Council on green bonds

The representatives of the main European banks were present as well as organizations involved in energy transition. The round table discussion was chaired by Bruno Deletré, (…)

Capital markets union: FBF Position – Conditions and proposals

French banks are not exposed to Greece

French banks are not exposed to Greece: total exposures amount to $1,647 million at the end of 2014 according to the Bank for International Settlements. Following the European (…)

Banks at the core of financing the economy

2,017 billion € in lending to the economy at the end of 2014, i.e. an increase of 2.3% year-on-year. (Banque de France, Stat Info, Loans to households and France-based non-financial (…)

Banks supporting their customers

77% of French consumers have a positive image of their banks. (BVA Image survey of banks, May 2014) 7/10. This is the proportion of French consumers who are satisfied with (…)

Capital markets union: the conditions for its success

Relying on the strengths of financial-sector players To be successful, the CMU must take into account the strengths and specificities of the European economy financing, which (…)

Overview of the french banking industry

The contribution of finance corporations to the total value added in France is 4.9%, including approximately 60% for the banking industry(1). There are five French banks (…)

Banks committed to combating tax fraud

French banks support all efforts to combat fraud and tax evasion and enforce the requirements imposed in this regard. The multilateral agreement developed by the OECD, signed (…)

The tax burden penalises the funding of economy

In France, corporate financing is being hurt by the increased tax burden on the banking industry. The removal of the deduction for the Systemic Risk Tax and contributions (…)

SEPA: Migration is successful!

The final changeover to SEPA (Single Euro Payments Area) payments on 1 August 2014 was a success. It was the result of several months of in-depth involvement by the entire (…)

2015: Major international challenges for the french banking model

Reform measures are still on the table of international regulators (Basel Committee on Banking Supervision and the Financial Stability Board) and laden with challenges, although (…)

A new regulatory framework

Three-Pillar architecture Single Banking Supervision The Single Supervisory Mechanism (SSM) places the European Central Bank (ECB) as the central prudential supervisor of (…)

Banks are committed to inclusion and financial education

Concrete measures for persons in precarious financial situations Since 1 October 2014 and in accordance with the Banking Act of 26 July 2013, banks are proposing a commercial (…)

Security and trust at the center of the customer relationship

A rigorous framework regulating new payment industry players Throughout the debates on PSD2, the banking industry has vigorously argued that the same rules on security, responsibility (…)