Banque de France plans to reduce regional presence

banquedefrance

The Banque de France outlined on September 12 the decrease in its regional services as part of the 'Building the Bank of 2020' project.

The central bank currently has 127 permanent regional sites, which will fall to 105 under the adjustments. As a result, the number of workers will drop from around 6,300 to between 4,200 and 4,600 in regional branches.

The decrease will be driven by an estimated 2,600 retirements, with the central bank set to hire between 500 and 1,000 replacement staff only.

Th

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: