French Banks, Insurers Show Resilience, Central Bank Says -- Market Talk

Dow Jones

Dec 20, 2024

0822 GMT - The banking and insurance sector is proving resilient, France's central bank says in a report. The country is grappling with uncertainty over its 2025 budget and the potential for an increasing deficit, which would pose risks to banks' profitability. French banks' credit risk remains under control despite a slight increase and lender's financing conditions on the markets are stable, it says. "The exposure of the six major French banking groups to French government debt is limited, representing 3.3% of their total assets and 71% of their Common Equity Tier 1 (CET1) capital," it notes. Insurers also have solid balance sheets as they hold high-quality assets and liquidity and have limited commercial real estate exposure, it adds. (elena.vardon@wsj.com)

(END) Dow Jones Newswires

December 20, 2024 03:22 ET (08:22 GMT)

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The country is grappling with uncertainty over its 2025 budget and the potential for an increasing deficit, which would pose risks to banks' profitability. French banks' credit risk remains under control despite a slight increase and lender's financing conditions on the markets are stable, it says. \"The exposure of the six major French banking groups to French government debt is limited, representing 3.3% of their total assets and 71% of their Common Equity Tier 1 (CET1) capital,\" it notes. Insurers also have solid balance sheets as they hold high-quality assets and liquidity and have limited commercial real estate exposure, it adds. (elena.vardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 20, 2024 03:22 ET (08:22 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>French Banks, Insurers Show Resilience, Central Bank Says -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrench Banks, Insurers Show Resilience, Central Bank Says -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-12-20 16:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0822 GMT - The banking and insurance sector is proving resilient, France's central bank says in a report. The country is grappling with uncertainty over its 2025 budget and the potential for an increasing deficit, which would pose risks to banks' profitability. French banks' credit risk remains under control despite a slight increase and lender's financing conditions on the markets are stable, it says. \"The exposure of the six major French banking groups to French government debt is limited, representing 3.3% of their total assets and 71% of their Common Equity Tier 1 (CET1) capital,\" it notes. Insurers also have solid balance sheets as they hold high-quality assets and liquidity and have limited commercial real estate exposure, it adds. (elena.vardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 20, 2024 03:22 ET (08:22 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CRARY","symbol_name":"Credit Agricole SA","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2492495538","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492495538","pubTimestamp":1734682920,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0822 GMT - The banking and insurance sector is proving resilient, France's central bank says in a report. The country is grappling with uncertainty over its 2025 budget and the potential for an increasing deficit, which would pose risks to banks' profitability. French banks' credit risk remains under control despite a slight increase and lender's financing conditions on the markets are stable, it says. \"The exposure of the six major French banking groups to French government debt is limited, representing 3.3% of their total assets and 71% of their Common Equity Tier 1  capital,\" it notes. Insurers also have solid balance sheets as they hold high-quality assets and liquidity and have limited commercial real estate exposure, it adds. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CRARY":"Credit Agricole SA","BK4117":"多元化保险","SCGLY":"Societe Generale","BNPQY":"BNP Paribas","SCRYY":"SCOR","BK4019":"再保险","AXAHY":"AXA","BK4207":"综合性银行"},"translate_title":"央行表示，法国银行和保险公司表现出弹性——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CRARY":0.9,"AXAHY":0.9,"SCRYY":0.9,"BNPQY":0.9,"SCGLY":0.9},"content_text":"0822 GMT - The banking and insurance sector is proving resilient, France's central bank says in a report. The country is grappling with uncertainty over its 2025 budget and the potential for an increasing deficit, which would pose risks to banks' profitability. French banks' credit risk remains under control despite a slight increase and lender's financing conditions on the markets are stable, it says. \"The exposure of the six major French banking groups to French government debt is limited, representing 3.3% of their total assets and 71% of their Common Equity Tier 1 (CET1) capital,\" it notes. Insurers also have solid balance sheets as they hold high-quality assets and liquidity and have limited commercial real estate exposure, it adds. (elena.vardon@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 20, 2024 03:22 ET (08:22 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}