Banque de France
FIR calls for enhanced climate and social criteria in SRI label reform
The Forum for Responsible Investment (FIR) has urged a significant strengthening of the Socially Responsible Investment (SRI) label.
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Market rates enhance accuracy of bank lending rate forecasts
A Banque de France study presents an effective method for forecasting new lending rates for households and businesses in France and the euro area.
ESRB navigates new financial stability challenges after 15 years
The European Systemic Risk Board (ESRB) marks its fifteenth anniversary, reflecting on its mission to prevent and mitigate systemic risk across the European financial system.
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Novel data reveals education's impact on household investment risk and returns
A new Banque de France working paper introduces a novel dataset combining security holdings and household finance data.
Carry trades exposed to significant exchange rate volatility
A Banque de France analysis highlights how currency carry trades, while seeking to profit from interest rate differentials, are heavily exposed to exchange rate volatility.
European ESG funds resilient despite market and regulatory headwinds
European ESG funds recorded resilient performance between Q1 2023 and Q3 2025, despite increased volatility and a less favourable environment.
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Female business leaders seek less credit, face equal rejection
French female-led businesses make less use of bank credit than companies run by men, a difference attributable to a lower demand for credit among female executives.
New financial model projects future interest costs for dynamic debt portfolios
Banque de France researchers have developed a financial model to project future interest expenses for dynamic debt portfolios.
Non-resident ownership of French CAC 40 shares rises to 50 percent
Non-resident ownership of French CAC 40 shares reached 50 percent at the end of 2024, a 0.5 percentage point increase from the previous year.
Deficit above 5% risks France's fiscal stability, warns Villeroy de Galhau
Banque de France Governor François Villeroy de Galhau warned that a public deficit exceeding 5 percent of GDP in 2026 would put France at fiscal risk.
Banque de France Governor delivers New Year address, highlights roles
The Governor of the Banque de France delivered a New Year address on January 12, 2026, emphasizing the central bank's role as an engaged and innovative institution with strong governance.
Digital currencies reshape global monetary systems and policy
The ongoing digitalization of money is fundamentally transforming traditional monetary exchange, leading to new forms of currency competition and potential upheaval in the international monetary system.