Bank of France (Paris) | office building, public telephone

France / Ile-de-France / Paris / Rue du Colonel Driant
 office building, bank, public telephone

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.

History
1716 John Law opens Banque Générale
1718 Banque Générale is acquired by the government and renamed Banque Royale
1800 Creation of the Banque de France by Napoleon Bonaparte
1808–1936 The Bank's notes became legal tender; expansion of the branch network
1936–1945 Nationalisation
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 Bank
Nearby cities:
Coordinates:   48°51'53"N   2°20'21"E
This article was last modified 6 years ago