HomeEconomySVB bankruptcy: for Banque de France, French banks "are not exposed"

SVB bankruptcy: for Banque de France, French banks “are not exposed”

Earlier in the day, Economy Minister Bruno Le Maire ruled out any risk of contagion after the closure last Friday by the US authorities of SVB.

French banks “are not exposed” to the bankruptcy of the US bank Silicon Valley Bank (SVB), a spokeswoman for the Banque de France told AFP on Monday, confirming information from the French newspaper. the parisian.

Earlier, the Minister of the Economy, Bruno Le Maire, ruled out in France Info any risk of contagion after the closure last Friday by the US authorities of SVB, which could no longer cope with the massive withdrawals of its clients.

>> More information to come on BFM Business in a few moments. Also watch BFM Business live on video and follow us On twitter.

Author: CO with AFP
Source: BFM TV

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