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Top 1000 World Banks - France defies gloomy western European figures

Western Europe is once again lagging other regions, with many banks reducing their capitalisation. The main exception were the French banks, which increased both capitalisation and profits. Stefanie Linhardt reports.
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Having already lost global importance in the last two Top 1000 rankings, in 2017’s ranking western European banks continue to trail international peers. Tier 1 capital has fallen at 15 out of the top 25 banks in the region, compared with last year’s ranking. It leaves this year’s aggregate top 25 capitalisation $65.2bn lower than last year’s $1331.8bn – a drop that would have been even further were it not for the French banks.

All six French-owned banks have increased their capitalisation compared with our 2016 ranking and five of them have high enough Tier 1 capital to place them among the region’s largest banks. French banks have also reported the majority of profits in the region.

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