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The Banking Regulation Law Review: France

2 May 2023 Publications

Written by Didier Martin, Samuel Pariente, Jessica Chartier, Béna Mara and Gaël Rivière

Published on The Banking Regulation Law Review – Law Business Research

The banking sector in France is characterised by its highly integrated nature – the six leading French banking groups in terms of net banking income in 2022 were BNP Paribas (BNPP), BPCE, Groupe Crédit Agricole, Société Générale, La Banque Postale and Groupe Crédit Mutuel (BFCM).

Pursuant to Regulation (EU) No. 1024/2013 of 15 October 2013, 10 French banking groups are significant, representing 34 per cent of the total banking assets held by significant credit institutions supervised by the European Central Bank (ECB). Read more