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Jean-Paul Chifflet, CEO of Crédit Agricole S.A., will take over from Frédéric Oudéa, Chairman and CEO of Société Générale, as Chairman of the French Banking Federation (FBF) for a one-year term starting 1 September.
About the French Banking Federation
Founded in 2001, the FBF represent all French and foreign banks doing business in France. It is active on all issues of banking and financial regulation at the domestic, European and international levels and on matters concerning the role of banks in society.
The banking industry is one of the leading private employers in France, with some 380,000 employees. With a 5.3% increase in outstanding loans in 2011, French banks continue to provide finance to the country’s economy, both households and businesses, in conditions that compare very favourably to the rest of Europe. In 2012, they restated their intention to continue assisting and supporting their clients.