All change at Giraud Logistics
All change at Giraud Logistics
Read MoreTag: France
French senate passes postal services liberalisation bill
The French senate has passed a bill to liberalise the country’s postal services.
The legislation will allow rivals to establish alternative postal services, initially for letters and, from next year, the state postal monopoly to set up banking and insurance operations.
Read MoreBankers Oppose Extension of La Poste’s Activities
According to a study by JP Morgan carried out in October 2003, French post office La Poste has 12 per cent of deposits in France, ahead of private banks BNP Paribas or Societe Generale, but well behind Credit Agricole and Caisse d’Epargne.
Read MoreFrench Post Office reforms widened
The French parliament’s economic affairs commission is planning to introduce an amendment to the bill concerning reforms to the French post office, La Poste, when the legislation is debated by the French senate. If it is adopted, the amendment will enable La Poste to set up a credit institution governed by existing law. Such a reform would effectively turn the French post office into a financial institution like any other in France, with the right to provide consumer credit.
Read MoreParis finance ministry postpones publication of La Poste savings report
The Paris finance ministry is postponing the publication of a report on the savings products offered by La Poste, the French post office, and Caisse d’Epargne and Credit Mutuel. The aim of the study, commissioned in the autumn of 2003, was to see if the commission paid to these groups by the state is in line with the real costs of the products.
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