Banking in France

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Banking in France

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The Banking industry in France has, as of 11 October 2008, an average leverage ratio (assets/networth) of 28 to 1 and its short-term liabilities are equal to 60% of the French GDP or 128% of its national debt.[1]

France operates a deposits guarantee fund, known as the Fonds de Garantie des Depôts.

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