The Bank of France ( fr. Banque de France ) is the central bank of France . It is a member of the European System of Central Banks . The bank is headquartered in Paris .
| Bank of France | |
|---|---|
 | |
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| Location |  Paris , France |
| Founding date | January 18, 1800 |
| President (chairman) | Francois Villeroy de Galo |
| Currency | Euro |
| Reserves | 81.6 billion euros ( December 2008 ) |
| Base rate | 1.00% |
| Base deposit rate | 0.25% |
| Web site | (fr.) |
Content
History
- 1800 - By decree of Napoleon Bonaparte , the Bank of France was established
- 1808 - 1936 - Tickets of the Bank of France became legal tender ; branch network expanded
- 1936 - 1945 - Nationalization of the Bank
- 1973 - Bank's charter rewritten
- 1993 - The Bank becomes an independent financial institution whose goal is to ensure price stability in a country independent of government policy.
- 1998 - The Bank becomes a member of the European system of central banks.
Activity
The Bank of France performs three main tasks in accordance with the law and the rights delegated to it by the ECB on the principle of subsidiarity :
- maintaining monetary stability
- maintaining financial stability
- provision of banking services to government agencies , legal entities and individuals
In accordance with the task of maintaining monetary stability, the Bank of France carries out various activities:
- establishes the balance of payments of France and represents the economic interests of France in the international community
- implements the ECB’s tendering policy for banks wishing to raise funds
- manages part of the ECB’s foreign reserves
- issues money and manages them
In accordance with the task of maintaining financial stability, the Bank of France performs the following functions:
- control over the activities of the Committee of Credit Institutions and Investment Companies and the Bank Commission
- financial management
- management of the payment system (including the joint management of the TARGET2 system)
The Bank of France manages and maintains records of the activities of the treasury and certain state enterprises .
The Bank of France collects financial information about companies and provides it to other companies. In 2007, the Bank received the right to make an independent assessment of the creditworthiness of a legal entity.
For individuals, the Bank of France keeps records of payment incidents :
- national list of lost or stolen checks
- central list of incidents involving illegal financial transactions
- national list of incidents involving non - payment of loans by individuals
List of Governors of the Bank of France
| Start services | Name | Period of life | |
|---|---|---|---|
| 1806 | 25th of April | Emmanuel Crete | 1747 - 1809 |
| 1807 | August 9 | François Jaubert | 1758 - 1822 |
| 1814 | April | Jacques laffitt | 1767 - 1844 |
| 1820 | Marten goden | 1756 - 1841 | |
| 1834 | April, 4 | Antoine Maurice Apollinaire D'Argu | 1782 - 1858 |
| 1836 | January 18 | Jean-Charles Davillier | 1758 - 1846 |
| 1836 | 6 September | Antoine Maurice Apollinaire D'Argu | 1782 - 1858 |
| 1857 | the 9th of June | Charles Lebègue de Germiny | 1799 - 1871 |
| 1863 | May 15 | Adolphe vuitry | 1813 - 1885 |
| 1864 | September 28 | Gustave rouland | 1806 - 1878 |
| 1879 | January 18 | Louis Jules Ernest Denormandie | 1821 - 1902 |
| 1881 | November 18th | Mann, Joseph | 1824 - 1910 |
| 1897 | December 24th | Georges pallain | 1847 - 1923 |
| 1920 | 25-th of August | Georges robineau | 1860 - 1927 |
| 1926 | June 26 | Émile Moreau | 1868 - 1950 |
| 1930 | September 25 | Clément moret | 1886 - 1943 |
| 1935 | January 2 | Jean tannery | 1878 - 1939 |
| 1936 | June 6 | Émile Labeyrie | 1877 - 1966 |
| 1937 | July 20 | Pierre-Eugene Fournier | 1882 - 1972 |
| 1940 | August 31 | Yves bréart de boisanger | 1896 - 1976 |
| 1944 | October 7th | Emmanuel monick | 1893 - 1983 |
| 1949 | January 19 | Wilfrid baumgartner | 1902 - 1978 |
| 1960 | January 21 | Jacques brunet | 1901 -? |
| 1969 | April 8 | Olivier wormser | 1913 - 1985 |
| 1974 | June 14 | Bernard clappier | 1913 - 1999 |
| 1979 | November 23 | Renaud de la genière | 1925 - 1990 |
| 1984 | November 14 | Michel Camdessus | 1933 |
| 1987 | January 19 | Jacques de Larosière | 1929 |
| 1993 | September | Jean-Claude Trichet | 1942 |
| 2003 | Nov. 1 | Christian noyer | 1950 |
| 2015 | September | 1959 | |
The list of managers of the Bank of France is presented on separate pages in the English and French Wikipedia.
See also
- European Central Bank
- European System of Central Banks
- European Union economy
- Economy of France