Central Bank of France to open first Asian office in Singapore

It aims to forge closer relations with APAC central banks and financial authorities.

Banque de France (BDF) will open its Asian office in Singapore by early 2020, announced the Monetary Authority of Singapore (MAS) and BDF in a joint press release. This will mark as its second office abroad after its New York entry in 2010.

BDF said that the new Asian office will be vital for its goals to “forge closer relations with central banks and financial authorities in the Asia-Oceania region” as well as “monitor Asian economies and financial systems.”

The central bank will also set up a dealing room to strengthen its operational capacity to better serve international official sector entities in the Asian time zones.

In addition,BDF and France’s administrative authority on supervises the banking and insurance sectors have signed a memorandum of understanding with MAS to discuss cybersecurity and threat intelligence.

Also Read

EnterpriseSG and CEB to boost financing for Singapore firms' overseas expansion

Why do CFOs struggle with sustainability reporting requirements?

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit