The Guarantee System in France

Pasqualina Porretta and Ignace G. Bikoula

Chapter 3 in Credit Guarantee Institutions and SME Finance, 2012, pp 38-74 from Palgrave Macmillan

Abstract: Abstract Credit guarantee institutions in France have a long history tied to SME trade associations. The current structure stems from the banking law of 24 January 1984, which: regards credit guarantee institutions as commercial companies; places credit guarantee institutions among financial institutions, subject to a specific discipline — that is, to prudential regulations covering the activities of credit intermediaries.

Keywords: Credit Risk; Bank Loan; Equity Capital; Supervisory Board; Financial Intermediary (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-0-230-36232-1_3

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DOI: 10.1057/9780230362321_3

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