French deputy emphasises importance of non-financial sector data

banquedefrance

Robert Ophele, a Banque de France deputy governor, has outlined the importance of balance sheet and profit and loss information of non-financial companies in the central bank's operations, in a speech released on October 23.

Speaking to the European Committee of Central Balance Sheet Data in Paris last week, Ophele said the information can help assess the credit-worthiness of individual companies, which can be useful in evaluating central banks' collateral as well as the portfolio risks faced by

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