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Encyclopedia > Banque Royale
Banque de France
Logo
Logo
Headquarters Paris, France
Central Bank of France
Website

banque-france.fr Part of the Paris skyline with from left to right: Montparnasse Tower, Eiffel Tower, and in the background, towers of neighboring La Défense. ... This page as shown in the AOL 9. ...

Succeeded by

European Central Bank (1999) Headquarters Frankfurt, Germany Established 1 January 1998 President Jean-Claude Trichet Central Bank of Austria, Belgium, France, Finland, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain Currency Euro -ISO 4217 Code EUR Reserves >€4 billion Base borrowing rate 4. ...

The Banque de France is the central bank of France; it is linked to the European Central Bank (ECB). Its main charge is to implement the interest rate policy of the European System of Central Banks (ESCB). It is headquartered in Paris. Headquarters Frankfurt, Germany Established 1 January 1998 President Jean-Claude Trichet Central Bank of Austria, Belgium, France, Finland, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain Currency Euro -ISO 4217 Code EUR Reserves >€4 billion Base borrowing rate 4. ... The European System of Central Banks (ESCB) is composed of the European Central Bank (ECB) and the national central banks (NCBs) of all 25 EU Member States. ... Part of the Paris skyline with from left to right: Montparnasse Tower, Eiffel Tower, and in the background, towers of neighboring La Défense. ...

Contents

Linkage with the ESCB

On June 1, 1998, a new institution was created, the European Central Bank (ECB), charged with steering the single monetary policy for the euro. The body formed by the ECB, and the national central banks (NCB) of all the member states of the European Union, constitute the European System of Central Banks (ESCB).


The ESCB is an institutional framework of a single monetary policy for the euro. According to the Banque de France's website, the "sharing of responsibilities between the ECB and the NCBs is based upon significant decentralization of the conduct of the ESCB's single monetary policy". ISO 4217 Code EUR User(s) European Union; eurozone: Austria, Belgium, Finland, France, Germany, Greece, Republic of Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain; outside eurozone: Andorra, Monaco, San Marino, Vatican City, Montenegro, Kosovo, French Guiana, Réunion, Saint-Pierre et Miquelon, Guadeloupe, Martinique, Mayotte. ...


History

One of the Banque de France's offices in Paris
One of the Banque de France's offices in Paris
  • 1716 John Law opens Banque Générale
  • 1718 Banque Generale is acquired by the government and renamed Banque Royale
  • 1800 Creation of the Banque de France
  • 1808-1936 The Bank's notes became legal tender; expansion of the branch network
  • 1936-1945 Nationalization
  • 1973 Rewriting of the Bank's statutes
  • 1993 A landmark reform granted the Bank independence, in order to ensure price stability, regardless of domestic politics. This reform cleared the path for the European monetary union.
  • 1998 Entered the European System of Central Banks

Download high resolution version (1760x1168, 452 KB)One of Banque de Frances offices, 2004-09-14. ... Download high resolution version (1760x1168, 452 KB)One of Banque de Frances offices, 2004-09-14. ... // Events August 5 - In the Battle of Peterwardein 40. ... Jean Law John Law (bap. ... // Events The Funj warrior aristocracy deposes the reigning mek and places one of their own ranks on the throne of Sennar. ... 1800 (MDCCC) was an exceptional common year starting on Wednesday of the Gregorian calendar, but a leap year starting on Sunday of the Julian calendar. ... 1808 was a leap year starting on Friday (see link for calendar). ... 1936 (MCMXXXVI) was a leap year starting on Wednesday (link will take you to calendar). ... 1936 (MCMXXXVI) was a leap year starting on Wednesday (link will take you to calendar). ... 1945 (MCMVL) was a common year starting on Monday (the link is to a full 1945 calendar). ... 1973 (MCMLXXIII) was a common year starting on Monday. ... 1993 (MCMXCIII) was a common year starting on Friday of the Gregorian calendar and marked the Beginning of the International Decade to Combat Racism and Racial Discrimination (1993-2003). ... 1998 (MCMXCVIII) was a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean. ...

See also

French Franc. ...

References

This timeline is based largely on the official Banque de France website (http://www.banque-france.fr/gb/banque/main.htm ).


External links

  • (French) (English) Banque de France
  • (French) Beginnings of Banque de France The directors of Banque de France between 1800 and 1815.

 
 

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