French Banks amid the Global Financial Crisis

Authors

  • Yingbin Xiao International Monetary Fund USA, United States

DOI:

https://doi.org/10.32890/ijbf2011.8.1.1

Keywords:

French banks, Financial crisis, Recapitalization, Debt guarantee, Government support, Refinancing

Abstract

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 supervisory 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.

 

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Published

13-03-2011

Issue

Vol. 8 No. 1 (2011): International Journal of Banking and Finance (IJBF) Vol. 8, No.1, 2011

Section

Articles

How to Cite

Xiao, Y. (2011). French Banks amid the Global Financial Crisis. International Journal of Banking and Finance, 8(1), 1-19. https://doi.org/10.32890/ijbf2011.8.1.1

Research impact

Harvested 2026-09-07
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Identifiers DOI 10.32890/ijbf2011.8.1.1 OpenAlex W7208734842