French banks have gone from strength to strength in recent years, backed by diversified business models and – until the outbreak of the Covid-19 pandemic – a buoyant economy. The Banker’s Top 1000 World Banks Ranking 2020 illuminates this performance clearly.
France is the only European country to boast two banks among the top 20 global banks by Tier 1 capital, while profitability and growth are generally strong across the board. The best-performing French bank is Crédit Mutuel, which received a performance score of 7.31 out of 10. Stellar return on risk and soundness figures (capital assets ratio), among other performance indicators, ensured that it secured the top spot.
