Post by Edouard Vidon

Our latest Financial Stability Report is out! TL;DR: The French financial system remains #resilient in the face of increased risk of domestic and external shocks 📉 Persistently high fiscal #deficits represent a risk to financial stability and could lead to a deterioration in financing conditions 🤔 Heightened doubts in the #markets around the valuations of certain risky assets, particularly those related to #AI 🏭 French #companies are benefiting from favourable financing conditions, with interest rates stabilising  🏦 The robustness of the French #banking and #insurance sectors is a resilience factor 💡 Innovations in #NBFI and their #interconnections with banks demand greater transparency and appropriate risk management 📑 The consequences of the development of #private #credit are assessed in a thematic chapter  🌩️ Heightened #geopolitical tensions are likely to exacerbate #cyber and #climate risks Francois Haas Agnès Bénassy-Quéré Emmanuelle Assouan Nathalie Aufauvre Olivier Garnier Xavier Debrun Yann Marin Philippe Troussard Jean Boissinot Rémy Lecat Taryk BENNANI This report was prepared by teams from Banque de France and Autorité de contrôle prudentiel et de résolution (ACPR), with a cut-off date on Dec 31st, so that the most recent geopolitical developments are not covered.