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French banks amid the global financial crisis /
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 the...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, DC] :
International Monetary Fund,
©2009.
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| Colección: | IMF working paper ;
WP/09/201. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | 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. |
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| Descripción Física: | 1 online resource (22 pages) : color illustrations |
| Bibliografía: | Includes bibliographical references (pages 21-22). |
| ISBN: | 9781452781341 1452781346 1451917708 9781451917703 1462307337 9781462307333 1451873484 9781451873481 9786612844089 6612844086 1282844083 9781282844087 |
| ISSN: | 2227-8885 ; |