The banking industry in France has, as of 11 October 2008, an average leverage ratio (assets/net worth) 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.
During 2018 the banking sector of the French economy employed 362,800 people.[2]
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