The Post-NOC : birth of a great financial hub public

An accounting policy. "We create a financial tool for public service of general interest", welcomed Tuesday Bruno Le Maire, the minister of the Economy, with

The Post-NOC : birth of a great financial hub public

An accounting policy. "We create a financial tool for public service of general interest", welcomed Tuesday Bruno Le Maire, the minister of the Economy, with the contours of the future financial hub public, marrying including The postal Bank to CNP assurances. And to add: "This will be one of the largest in the world with 1000 billion euros of assets. All public funders, for the first time in the history of the French nation, will be gathered within one and the same pole." For Bercy, the set must be operational by January 2020.

This large financial centre aims above all to guarantee a future to the Post office, of which the turnover of the mail drop to 500 million euros every year. The whole rests on a construction is very complex. The Caisse des dépôts (CDC), the financial arm of the State, will sell its stake of 40.8% in CNP assurances to The Position, or, more accurately, its subsidiary, The postal Bank. In return, the ...

Updated Date: 04 July 2019, 00:00

Kathleen Lees

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