French Banks Amid the Global Financial Crisis / Yingbin Xiao.

Format:

Book

Government document

Author/Creator:

Xiao, Yingbin.

Contributor:

International Monetary Fund. European Department.

Series:

IMF Working Papers; Working Paper ; No. 2009/201

IMF Working Papers

Language:

English

Subjects (All):

Banks and banking--France.

Banks and banking.

Global Financial Crisis, 2008-2009.

Physical Description:

22 p. : ill.

Edition:

1st ed.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2009.

Language Note:

English

Summary:

This paper runs the gamut of qualitative and quantitative analyses to examine the performance of French banks during 2006-2008 and the financial support measures taken by the French government. French banks were not immune but proved relatively resilient to the global financial crisis reflecting their business and supervision features. An event study of the impact of government measures on CDS, debt, and equity markets points to the reduction of credit risk and financing cost as well as the redistribution of resources. With the crisis still unfolding, uncertainties remain and challenges lie ahead, calling for continued vigilance and enhanced risk management.

Contents:

Intro

Contents

I. Introduction

II. Banking and Supervisory Structure

III. International Comparative Analyses

A. Profitability

B. Asset quality

C. Capital adequacy

D. Leverage

E. Quality of capital

F. Funding

IV. Analyses of Business and Exposures

V. An Event Study of the French Banking Sector Support

VI. Conclusions

References

Figures

1. Profitability

2. Asset Quality

3. Capital Adequacy

4. Leverage

5. Capital Quality

6. Funding

7. Liquidity

8. Business Lines

9. Foreign Exposure

10. Emerging Market Exposure

11. Writedowns, Losses, and Capital Raised

12. CDS Spreads

13. Impact on Debt

14. Impact on Equity

15. Share of Capital Injections into Debt.

Notes:

"September 2009."

Description based on print version record.

ISBN:

9786612844089

9781462307333

1462307337

9781452781341

1452781346

9781451873481

1451873484

9781282844087

1282844083

OCLC:

648826003