French Banking Sector : key figures

A summary of the main indicators for the French banking sector (2016).

RELATIONS BETWEEN BANKS AND THEIR CUSTOMERS

• 99% of French people have a bank account (Microfinance Observatory)
• 37,623 bank branchesin 2014(2014 ECB Statistics)
• 570 bank branches for 1 million inhabitants (2014 ECB Statistics)
• 58,640 ATMs2014 ECB Statistics)
• 27% of French people visit the branch at least once a month (BVA survey Image of Banks May 2015)

LOANS (BANK OF FRANCE)

• 1,067 billion euros in loans to households (May 2016)
• 877 billion in outstanding home loans (May 2016)
• 1.60%, mortgage interest rate (Observatoire CSA – Crédit Logement, 04/072016)
• 898 billion in business loans (May 2016)
• +2.2 % in loans to very small companies/SMEs over 12 months (April 2016)

SAVINGS

• The household savings rate is 15.9% (Q4 2015)(Quarterly survey by the Bank of France on household savings)
• Regulated savings

Funds collected in the Livret A savings passbook stood at 255.6 billion euros in May 2016 (-1.9% year-on-year). Its rate is 0.75% as of February 1, 2016.

Funds in the sustainable development passbook came to 101 billion euros in May 2016 (Caisse des dépôts – 21/06/2016)

Outstandings for the home ownership savings scheme stood at 248.5 billion in May 2016. The interest rate for new schemes is 1.5%.

(Quarterly financial and monetary statistics– Banque de France– term deposits over 2 yrs)

• Life insurance

Life insurance outstandings amounted to €1,600.2 billion at the end of May 2016 (FFSA 25/06/2016)

PAYMENTS (2015 ECB STATISTICS)

• 19 billion payment transaction
• 49.78% of payments are made by bank card
• 81 million payment cards in France
• 765.6 million payment cards in Europe
• 65% of Internet users inFrance use their bank card to pay online (BVA survey Image of Banks May 2015)

BANK EMPLOYMENT FIGURES IN 2015 (FBF SCOPE)

• 383banks
• 371,600 employees
• 39,000 people recruited