As of October 2008, the French banking industry had an average leverage ratio (assets/net worth) of 28 to 1, and its short-term liabilities are equal to 60% of the FrenchGDP or 128% of its national debt.[1]
France operates a deposit guarantee fund, known as the Fonds de Garantie des Dépôts
During 2018 the banking sector of the French economy employed 362,800 people.[2]
At about the time of the commencement of the year 1800,[3][4] and of the first period of revolutionary change in banking within the continent of Europe, the high banking houses of France included the Hottinguer,Mallet (fr), Neuflize (fr),Rothschilds andVernes (fr).[3][4]
