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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Paribas, Imperial Bank, Sumitomo, Comerica, Banque Francaise du Commerce Exterieur and Newmarket Capital Group are among the lenders offering to help producers close the gap between the collateral they have in hand and the size of their budget.
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