French government raises counter-cyclical buffers for first time


France has raised the counter-cyclical capital buffer for its banks to above 0% for the first time on the recommendation of Banque de France’s governor, François Villeroy de Galhau.

The High Council for Financial Stability announced it was raising the buffer to “a moderate level of 0.25%” after holding its regular meeting on June 11.

The HCFS said it was acting in the light of updated forecasts from the Banque de France. It said these forecasts “anticipate strong economic growth for France,

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 indvidual account here: