France other financial institution liabilities to MFIs
France other financial institution liabilities to MFIs stood at 877,051 EUR million in Q1 2026, according to Banque de France – Webstat (webstat.banque-france.fr). It is one of the indicators in the Corporate and financial sector accounts table (Value · Quarterly), with a complete series running from Q4 1995 to Q1 2026. The complete series with an interactive chart, free to download.
This indicator in the Corporate and financial sector accounts table
| Indicator | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | Q4-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net financial assets, all resident sectors | -1,808,191 | -1,768,372 | -1,734,071 | -1,736,764 | -1,675,859 | -1,662,275 | -1,626,463 | -1,586,907 | -1,545,159 | -1,523,006 | |
| Liabilities to MFIs | 877,051 | 853,661 | 821,246 | 845,583 | 805,920 | 771,749 | 733,761 | 726,884 | 689,636 | 698,339 | |
| Net financial assets on general government | 211,587 | 199,355 | 215,535 | 208,960 | 207,175 | 187,737 | 186,463 | 175,535 | 181,112 | 204,035 |
Understanding france other financial institution liabilities to MFIs
Monetary obligations owed by resident non-monetary financial institutions specifically to domestic monetary financial institutions are recorded as an outstanding liability stock. This total encompasses bank loans extended to investment funds, overdraft facilities utilized by financial auxiliaries, and debt instruments issued by the sector and held by domestic commercial banks. Excluded are liabilities due to non-financial corporations, government bodies, and foreign counterparties. This metric measures the degree to which non-bank financial intermediaries rely on the domestic banking system for funding.
Interpreting these liabilities requires examining prevailing monetary policy conditions, as shifts in central bank interest rates directly influence intersectoral borrowing costs and credit demand. Revisions to early figures generally occur when commercial banks update their regulatory reporting regarding sectoral loan exposures. Analysts should evaluate period-on-period growth cautiously, as short-term funding needs can generate erratic quarterly movements. Comparing these liabilities with corresponding asset holdings provides insight into the gross versus net credit intermediation occurring within the domestic financial architecture.
Frequently asked questions
- Which institutional group provides the financing captured in these liabilities?
- The financing is provided by domestic monetary financial institutions, primarily commercial banks operating within the country.
- Do these liability totals include funds borrowed from foreign banking institutions?
- Foreign borrowings are excluded, as the series measures obligations owed strictly to resident monetary financial institutions.
- How do monetary policy shifts impact this specific borrowing series?
- Changes in interest rates influence the cost of credit, directly altering borrowing demand between non-bank intermediaries and commercial banks.