IDEAS home Printed from
   My bibliography  Save this paper

The banking place of Lyon in 1848-1870. Between local banks and the second banking revolution (In French)


  • Hubert BONIN (GREThA, CNRS, UMR 5113 & Sciences Po Bordeaux)


The place of Lyon inherited from the first banking revolution of the 1750s-1850s years a solid structure of local banking houses, which were able to accompany the growth of the productive system of silk and the diversification of the emerging heavy industries. But the international deployment of the trade houses and the move of big industry demanded a broad adaptation. Banque de France itself developed its branch so as to insert the place into the revolution of national discounting and to consolidate the process of liquidity. A trend of differentiation distinguished the banking houses that succeeded in reaching a European and financial dimension from those which commenced to lose competitive ground. Last, Lyon was the birth-place of two models of the big “modern” banking enterprise, which revolutionised the structures of credit and the flows of collecting deposits and savings. Those both decades could be thus considered as decisive in the building of a banking armature efficient enough to foster the industrial and commercial growth of the large South-Eastern parts of France.

Suggested Citation

  • Hubert BONIN (GREThA, CNRS, UMR 5113 & Sciences Po Bordeaux), 2012. "The banking place of Lyon in 1848-1870. Between local banks and the second banking revolution (In French)," Cahiers du GREThA 2012-12, Groupe de Recherche en Economie Théorique et Appliquée.
  • Handle: RePEc:grt:wpegrt:2012-12

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    Bank; Banque de France; Lyon; Second banking revolution;

    JEL classification:

    • N2 - Economic History - - Financial Markets and Institutions

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:grt:wpegrt:2012-12. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Valerio Sterzi). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.