The total banking sector in France very large when you compare it with the GDB of the country. The unemployment rate in France was 10.6% in March 2013.
Moodys rating of French banks
- BNP Paribas SECURITIES SERVICES, Paris, Succursale de Zurich. BNP Paribas headquarted in Paris got lowered to A2 from Aa3.
- Crédit Agricole Financements (Suisse) SA
- Société Générale, Paris, Succursale de Zurich. The French bank Societe Generale got a lower credit rate by Moodys A2 (previously A1) in june 2012. At the same time Credit Suisse was lowered to A1 (Aa1).