The Limited Times

Now you can see non-English news...

Banking crisis: "no risk" of contagion in France, says the president of the French Banking Federation


“French banks are very solid because of the regulation”, assured Philippe Brassac, on France Inter, this Saturday.

The president of the French Banking Federation, Philippe Brassac, assured on Saturday that the current banking turmoil in the world, which is hitting Credit Suisse in particular in Europe, was not likely to contaminate the banking sector in France.


There is no risk because there is no possible contagion mechanism between the events we are seeing and the French banks

," said the banker, managing director of Crédit Agricole, on France Inter.

French banks are very solid because of regulation

” and “

there is no mechanism, as there could be in the past, for propagation


Source: lefigaro

All business articles on 2023-03-18

Trends 24h


© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.