Lending sets new records in 2016: French banks are financing the economy
(WorldNews Africa)

Financing the economy is the top strategic priority of French banks. With EUR2.169 trillion loaned in 2016, French banks are meeting the financing needs of households and businesses, and doing so with increasingly strong momentum (+4.4% year-on-year growth). In the words of Marie-Anne Barbat-Layani, `the French banking industry, through its strength and its ability to provide financing to individuals and businesses, is an asset to the country`s economy. Lending momentum is strong, with French banks financing the equivalent of 150 housing units and two regional train carriages every hour!`. French banks lead the Eurozone in the distribution of credit to the economy For...