French Banking Industry

French banks are not exposed to Greece

French banks are not exposed to Greece: total exposures amount to $1,647 million at the end of 2014 according to the Bank for International Settlements.

Following the European sovereign debt crisis in 2011, French banks eliminated their exposure to Greek sovereign debt, which amounts to only $20 million 2014 compared to $14.9 billion at the end of 2010.

Les banques françaises ne sont pas exposées au risque grec

FBF Economic studies – French banks are not exposed to Greece – 29 June 2015

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