key facts about paris as an international financial center - … · key facts about paris as an...
TRANSCRIPT
Key Facts About Paris as an International Financial Center - Economic Environment
The French Economy
- France is one of the prominent industrialized countries
- The French economy benefits from a strategic location.
- Leading-edge industries and a wide range of services.
A strong and resilient economy
- France is the 2nd largest economy in Eurozone, the 6th in the world
- Labour productivity in France is increasing and is the highest among major European countries
- French GDP per capita overreaches Euro area average and most of major European countries
Importance of the Financial employment: highly productive workforce and efficient infrastructure.
- Finance industry provides more than 1 million jobs, an important part of which is highly qualified
- Financial activities are first by wages level, in correlation with the high degree of education and
qualification
- Workforce in the French financial sector is one of the largest in Europe
An open and attractive environment: the French economy is widely open to foreign investors;
Paris is a world capital for trade fairs and seminars; France is the most visited country in the world.
- France is ranked 1st in Europe and 2nd in the world for life quality
- France has the most important road network in Europe. Roissy Charles-de-Gaulle is 2nd in Europe
for cargo and passengers traffic
- Energy prices are attractive for corporates
- Information and communications technology (ICT) has grown considerably for the last few years in
France
- Foreign direct investment is steadily positive
Significant industrial sectors: luxury, aeronautics, media, ICT, etc.
- Paris hosts the largest concentration of worldwide leading corporates in Europe
- Major French corporates are leaders of their sectors
2
Key Facts About Paris as an International Financial Center - Economic Environment
A strong and resilient economy
- France is the 2nd largest economy in Eurozone, the 6th in the world
A strong and resilient economy > Recent Trends
- Labour productivity in France is increasing and is the highest among major European
countries.
3
Key Facts About Paris as an International Financial Center - Economic Environment
A strong and resilient economy > International Position
- French GDP per capita sizably overreaches Euro area average and most of major European
countries.
Financial employment
- Finance industry provides more than 1 million jobs, an important part of which is highly
qualified.
4
Key Facts About Paris as an International Financial Center - Economic Environment
Financial employment > Recent trends
- Financial activities are first by wages level, in correlation with the high degree of education
and qualification
Financial employment > International Position
- Workforce in the French financial sector is one of the largest in Europe
5
Key Facts About Paris as an International Financial Center - Economic Environment
An open and attractive environment
- France is ranked 1st in Europe and 2nd in the world for life quality
- France has the most important road network in Europe. Roissy Charles-de-Gaulle is 2nd in
Europe for cargo and passengers traffic
6
Key Facts About Paris as an International Financial Center - Economic Environment
An open and attractive environment > Recent Trends
- Energy prices are attractive for corporates located in France thanks to a good production
control and an effective distribution network
An open and attractive environment > International Position
- Information technology has grown considerably for the last few years in France
7
Key Facts About Paris as an International Financial Center - Economic Environment
- Foreign direct investment is steadily positive
A significant industrial sector
- Paris hosts the largest concentration of worldwide leading corporates in Europe
8
Key Facts About Paris as an International Financial Center - Economic Environment
A significant industrial sector > International Position
9
Key Facts About Paris as an International Financial Center - Economic Environment
A Talent Driven Economy
International Top-Ranked Schools: France has one of the best education systems
- The French education system is very efficient and higly supported by public authorities
- 5 Business Schools in the top 20 in Europe
- In 2014, 29 billion euros for higher education, multiplied by 2.6 since1980
- France benefits from the highest level of qualification in Europe
Leadership in Mathematics and Business Management: The strength of the French research and
innovative capacities
- French research is worldwide recognized
The Paris Financial Services Research Cluster: FINANCE INNOVATION
- France plays a leading role in innovation and research
- France strengthens its efforts in applied research and development
- FINANCE INNOVATION : The Paris Financial Services Cluster dedicated to French FinTechs
- FINANCE INNOVATION: Financial Research and Education
- R&D expenditure in France (2.26% of GDP) is higher than the European average (2.03%)
10
Key Facts About Paris as an International Financial Center - Economic Environment
International Top-Ranked Schools
- The French education system is very efficient and highly supported by public authorities
- 5 Business Schools in the top 20 in Europe
11
Key Facts About Paris as an International Financial Center - Economic Environment
12
Key Facts About Paris as an International Financial Center - Economic Environment
International Top-Ranked Schools > Recent Trends
- In 2014, 29 billion euros for higher education, multiplied by 2.6 since 1980
International Top-Ranked Schools > International Position
- France benefits from the highest level of qualification in Europe.
13
Key Facts About Paris as an International Financial Center - Economic Environment
Leadership in Mathematics and Business Management
- French research is worldwide recognized
The Paris Financial Services Research Cluster
- France plays a leading role in innovation and research
14
Key Facts About Paris as an International Financial Center - Economic Environment
The Paris Financial Services Research Cluster > Recent Trends
- FINANCE INNOVATION : The Paris Financial Services Cluster dedicated to French FinTechs
- FINANCE INNOVATION : Financial Research and Education
15
Key Facts About Paris as an International Financial Center - Economic Environment
The Paris Financial Services Research Cluster > International Position
- R&D expenditure in France (2.26% of GDP) is higher than the European average (2.03%)
16
Key Facts About Paris as an International Financial Center - Economic Environment
A Comprehensive Set of Funding Sources
A large savings base
- Paris financial industry provides a comprehensive and competitive range of financing instruments
- Total households wealth provides extensive investment opportunities
- French households' outstanding financial wealth reaches
- Households financial investments are dynamic irrespectively of the economic environment
- French households savings rate, ranked second in Europe, ensures a large and stable funding
source
Powerful contribution by asset management industry
- French asset management: an essential funding source for French and Euro-zone economies
- A diversified range of French assets managers' investments beneficiaries
- Asset managers play a key role as a partner for French securities issuers
Insurance financing
- 59% of French insurers investments are dedicated to Euro area corporates
- The trend of insurance investments in French corporates is steadily upwards
The key role of European bond market
- Bonds play a major role in the financing of NFCs in France
Vibrant banking sector
- Bank financing to corporates is the most dynamic among European major countries
- The low French households indebtness rate provides a wide range of opportunities
17
Key Facts About Paris as an International Financial Center - Economic Environment
A large savings base
- Total households wealth provides extensive investment opportunities
- French households' outstanding financial wealth
18
Key Facts About Paris as an International Financial Center - Economic Environment
A large savings base > Recent Trends
- Households financial investments are dynamic irrespectively of the economic environment
A large savings base > International Position
- French households savings rate, ranked second in Europe, ensures a large and stable
funding source
19
Key Facts About Paris as an International Financial Center - Economic Environment
Powerful contribution by asset management industry
- French asset management: an essential funding source for French and Euro-zone
economies
- A diversified range of French assets managers' investments beneficiaries
- Asset managers play a key role as a partner for French securities issuers.
20
Key Facts About Paris as an International Financial Center - Economic Environment
A long term Commitment of Insurance
- 59% of French insurers investments are dedicated to Euro area corporates
21
Key Facts About Paris as an International Financial Center - Economic Environment
A long term Commitment of Insurance > Recent Trends
- The trend of insurance investments in French corporates is steadily upwards
The key role of European Bond Markets
- Bonds play a major role in the financing of NFCs in France
22
Key Facts About Paris as an International Financial Center - Economic Environment
Vibrant Banking Sector
- Bank financing to corporates is the most dynamic among European major countries
Vibrant Banking Sector > International Position
- The low French households indebtness rate provides a wide range of opportunities
23