01686cas a2200241 a 4500 AALejournalIMF006066 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451873481 1018-5941 BD-DhAAL BD-DhAAL Xiao, Yingbin. French Banks Amid the Global Financial Crisis / Yingbin Xiao. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (22 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper runs the gamut of qualitative and quantitative analyses to examine the performance of French banks during 2006-2008 and the financial support measures taken by the French government. French banks were not immune but proved relatively resilient to the global financial crisis reflecting their business and supervision features. An event study of the impact of government measures on CDS, debt, and equity markets points to the reduction of credit risk and financing cost as well as the redistribution of resources. With the crisis still unfolding, uncertainties remain and challenges lie ahead, calling for continued vigilance and enhanced risk management. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2009/201 Full text available on IMF http://elibrary.imf.org/view/journals/001/2009/201/001.2009.issue-201-en.xml IMF e-Library