France: Selected Issues

December 10, 1999

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Format: Chicago

France: Selected Issues, (USA: International Monetary Fund, 1999) accessed November 21, 2024

Summary

This Selected Issues paper analyzes developments and issues in banking and financial markets in France. The paper provides an overview of the transition from a state-directed to a market-based financial system. It adopts a comprehensive approach and discusses the outcome of this transition in banking, insurance, and capital markets. The paper highlights the sequencing of financial sector modernization. The analysis concludes that, on balance, France has successfully modernized its financial industry and the financial system seems better prepared to operate successfully in the increasingly competitive international environment.

Subject: Banking, Commercial banks, Financial institutions, Financial markets, Insurance, Insurance companies, Money markets, Securities markets

Keywords: AFB bank, Bank profitability, Central bank, Commercial banks, Commercial paper, CR, Crédit Agricole, Debt management, Europe, Financial activity, Financial system, Global, Insurance, Insurance companies, ISCR, Money markets, Nouveau Marché, Securities markets, Société Générale

Publication Details

Pages:

71
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1999/139
Stock No:

1FRAEA0021999
ISBN:

9781451813500
ISSN:

1934-7685

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