Banque Francaise du Commerce Exterieur

Banque Francaise du Commerce Exterieur

A former bank in France providing financing and bonds to French exporters. It was structured as a joint stock company; its major shareholders were state-owned banks, and its director was appointed by the Finance Minister. As part of a privatization program, BFCE was sold to Credit National in 1996.
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"Relationships are really the key," says Bennett Pozil, who joined Banque Francaise du Commerce Exterieur in February to form a new entertainment lending group.
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