trending Market Intelligence /marketintelligence/en/news-insights/trending/Km8TmC2sM5PLN1mdr9D6kA2 content esgSubNav
In This List

France weighing additional capital requirement for lenders, central banker says

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure

Blog

How Financial Institutions are Managing Exposure to U.S. Municipals

Blog

Top 100 Banks: Capital Ratios Show Resilience to the Pandemic

Blog

Banking Essentials Newsletter: October Edition


France weighing additional capital requirement for lenders, central banker says

French central bank Governor François Villeroy de Galhau said the country's financial stability council is studying whether there is a need for banks to set aside more capital amid credit growth, Reuters reported.

The council, which includes Finance Minister Bruno Le Maire and Villeroy de Galhau, in June 2018 imposed a countercyclical capital buffer of 0.25% for banks to rein in a fast pace in lending. The measure, however, proved to be not enough to slow lending growth, according to the March 8 report.

"We already used once the countercyclical buffer in June last year; we are looking seriously whether it shouldn't be raised," Villeroy was quoted as saying to French radio BFM Business.