France today is one of the most modern countries in the world and is
a leader among European nations.
Since 1958, it has constructed a hybrid presidential-parliamentary
governing system resistant to the instabilities experienced in earlier
more purely parliamentary administrations.
In recent decades, its reconciliation and cooperation with Germany
have proved central to the economic integration of Europe, including
the introduction of a common exchange currency, the euro, in
Largest west European nation.
Capital City: Paris
Natural resources: coal, iron ore, bauxite, zinc, uranium, antimony,
arsenic, potash, feldspar, fluorspar, gypsum, timber, fish.
Climate: Generally cool winters and mild summers, but mild winters
and hot summers along the Mediterranean; occasional strong, cold,
dry, north-to-northwesterly wind known as mistral.
Population and Population growth rate
With at least 75 million foreign tourists per year, France is the most
visited country in the world and maintains the third largest income in
the world from tourism. France's leaders remain committed to a
The government has partially or fully privatized many large
companies, banks, and insurers, and has ceded stakes in such leading
firms as Air France, France Telecom, Renault, and Thales.
GDP : Composition by sector
Agriculture: 2% Industry: 18.7% Services: 79.3%
Labor Force : by occupation
Agriculture: 3.6% Industry: 24.4% Services: 72.0%
Industries: steel, machinery, chemicals, food processing;
electronics, textiles, automobiles, aircraft, metallurgy, tourism.
Agriculture products: wheat, barley, corn, cereals, sugar beets, oil
seeds, potatoes, wine grapes; beef, dairy products; fish, fruits and
Services: Financial and real estate activities, tourism and
transportation, Services to companies and individuals.
Exports: $ 517.3 billion in 2010
Commodities: Automobiles, machinery and transportation
equipment, plastics, chemicals, iron and steel, aircraft and aircraft
components, pharmaceutical products, cosmetics, organic chemicals,
wine and champagne, refined petroleum products.
Imports: $ 590.5 billion in 2010
Commodities: oil and natural gas, automobile equipment, machinery
and equipment, vehicles, iron and steel products, aircraft,
computers/computer-related products, chemicals.
Major trading partners: U.S, China, EU.
Constitution: 28 September 1958.
Branches: Prime Minister (Head of Government), Executive
President (Chief of State).
Elections: president elected by vote for a five-year term (eligible for
a second term), election previously held on 22 April and 6 May
2007, prime minister is appointed by the president.
Legislative--bicameral Parliament (National Assembly member,
Judicial bench: Council of State (administrative court),
Constitutional Council (constitutional law), Court of Cassation (civil
and criminal law).
Subdivisions: France is divided into 22 administrative regions and
is subdivided into 96 metropolitan departments.
HISTORY OF BANKING IN INDIA
The history of banking can be divided into three phases:
STATE BANK OF INDIA
State Bank of India is the premier commercial bank of the country
It is the largest commercial bank in the country with branches spread
all over India, besides having presence in all the time zones of the
world covering several countries.
Associates of SBI
ROLE OF SBI
The roles of SBI are as follows:
Support to the Capital Market
Subscription to Debentures and Guarantees
Assistance to Backward Areas
TRENDS IN MODERN BANKING IN INDIA
Register & Pay
RTGS Fund Transfer
Online Payment of Taxes
Mobile Banking Transactions
PARIBAS IN INDIA
BNP Paribas is one of the best rated banks in the world (Rated AAby Standard & Poor's). The Group has one of the largest
international networks with operations in 80 countries and counts
with nearly 200,000 employees.
Present across Europe through all its business lines, the Group has
four domestic retail banking markets in France, Italy, Belgium and
BNP Paribas has taken a new step forward in its services to
corporate clients with 'One Bank for Corporates in Europe'. It
provides integrated banking solutions based on a dynamic crossselling approach, with a network of 150 business centers in 23
BNP Paribas has key positions in its three core businesses:
Corporate & Investment Banking