France to set higher bank capital buffers amid corporate debt boom

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France to set higher bank capital buffers amid corporate debt boom

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The lettering "Banque de France" and a surveillance camera on the facade of the French Central Bank in Strasbourg in France. Taken on 20.08.2016. Photo: S. Steinach - NO WIRE SERVICE - | usage worldwide | Sascha Steinach/DPA/PA Images

French banks will have to comply with a countercyclical capital buffer requirement as a means of promoting financial stability amid a rapid increase in corporate debt levels.

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