The Limited Times

Now you can see non-English news...

French banks are “not exposed” to the bankruptcy of SVB, according to the Banque de France

2023-03-13T14:54:04.009Z


After the bankruptcy of the American bank Silicon Valley Bank, institutions are trying to reassure. French banks " are not exposed " to the bankrupt American bank Silicon Valley Bank (SVB), a spokeswoman for the Banque de France told AFP on Monday, confirming information from the French daily Le Parisien. Earlier in the day, the Minister of the Economy Bankruptcy of SVB: "No risk of contagion" in France, according to the government on France Info any risk of contagion after the closure last Fri


French banks "

are not exposed

" to the bankrupt American bank Silicon Valley Bank (SVB), a spokeswoman for the Banque de France told AFP on Monday, confirming information from the French daily Le Parisien.

Earlier in the day, the Minister of the Economy Bankruptcy of SVB: "No risk of contagion" in France, according to the government on France Info any risk of contagion after the closure last Friday by the American authorities of SVB, which does not was no longer able to cope with the massive withdrawals of its customers.

Source: lefigaro

All news articles on 2023-03-13

You may like

Trends 24h

Latest

© 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.