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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The acquisition of a clear majority position in Natexis, a group that specializes in serving the corporate and middle market sectors and itself the result of a recent merger between Credit National and Banque Francaise du Commerce Exterieur (BFCE), is a key development for the Banques Populaires group.
The Natexis group is the result of the merger between Credit National and Banque Francaise du Commerce Exterieur in June 1997.
and French facilities, are Banque Francaise du Commerce Exterieur, Barnett Bank, Canadian Imperial Bank of Commerce, NBD Bank, Continental Bank, Credit Lyonnais, Royal Bank of Canada and SouthTrust Bank.
De Nationale Investeringsbank, Union Bank and Wells Fargo as lead managers, and Banque Francaise du Commerce Exterieur, Banque National de Paris, California United Bank, Fuji Bank and Sumitomo Trust in the group.
They include the French banks, Banque Nationale de Paris, Banque Francaise du Commerce Exterieur, Credit Lyonnais and Societe Generale; Union Bank of Switzerland and Export Finance A.
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