IDEAS home Printed from https://ideas.repec.org/p/imf/imfscr/2025-241.html
   My bibliography  Save this paper

France: Financial Sector Assessment Program-Technical Note on Systemic Risk Analysis

Author

Listed:
  • International Monetary Fund

Abstract

The French financial sector has proven resilient to the stress events of the last five years but faces some headwinds from domestic and, like in many other countries, global uncertainty. Despite high external and domestic uncertainty, sovereign debt markets have functioned well, and large debt issuance continues to be smoothly absorbed by a deep and well diversified buyer base. Banks have pre-funded part of their upcoming roll-over needs. Credit growth has moderated, and the housing market is undergoing an orderly adjustment, as household and non-financial corporates (NFC) debt remain elevated. The stability of the French financial sector is an important element of strength in the context of domestic uncertainties in a politically challenging environment, while global geoeconomic risks are on the rise.

Suggested Citation

  • International Monetary Fund, 2025. "France: Financial Sector Assessment Program-Technical Note on Systemic Risk Analysis," IMF Staff Country Reports 2025/241, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2025/241
    as

    Download full text from publisher

    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=569748
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    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:imf:imfscr:2025/241. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Akshay Modi (email available below). General contact details of provider: https://edirc.repec.org/data/imfffus.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.