A review on Bank of France
The Bank of France , headquartered in Paris, is the national bank of France.It is a free establishment, individual from the Euro framework since 1999. Its three fundamental missions, as characterized by its statuses, are to drive the French money related methodology, guarantee budgetary steadiness and offer types of assistance to family units, little and medium organizations and the French state.It is a member of the European System of Central Banks, which consists of the European Central Bank (ECB), and the national central banks (NCBs) of all European Union (EU) members.
Advantages of The Bank of France:
• The Bank of France is the central bank of the France.
• The Bank of France make all banking decision of the France.
• The Bank of France work with European Central Bank (ECB).
• The Bank of France works for the government of the France.
• The Bank of France is one of the largest Bank of the Europe.
Disadvantages of The Bank of France:
- Shrinking margins and rising bad loans
- Low Profitability
- Public Banks diversified and expanded their interests thereby creating unhealthy competitions in the public sector
- Unhealthy and very fierced competition.