The Cooperative Banking System in France

Pietro Marchetti and Arianna Sabetta

Chapter 4 in Cooperative Banking in Europe, 2010, pp 51-94 from Palgrave Macmillan

Abstract: Abstract Since the mid 1990s, the French banking system has had a serious restructuring; in particular, there were some M&As whose effects influenced both banking systems’ organization and modus operandi of the établissement de credit (CECEI 2004). This process is a consequence of both the evolution of international and European financial systems (for example, markets globalization), and the peculiarities of French banking sector.2 Besides, financial and technological innovation increased and diversified the demand of financial services. It put bases for the evolution of political choices about “updating” the aims of the French banking system, which were behind the prudential deregulation and re-regulation process. At present, the banking system plays a significant role within the French economy: in fact, the banking sector contributed 2.4% of the French GDP in 2005, 2.6% in 2004, and 2.7% in 2003 (CECEI 2005).

Keywords: Banking System; Commercial Bank; Banking Sector; Regional Bank; Saving Bank (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-0-230-24860-1_4

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230248601

DOI: 10.1057/9780230248601_4

Access Statistics for this chapter

More chapters in Palgrave Macmillan Studies in Banking and Financial Institutions from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().