BOF's Villeroy says he's not worried about situation of French banks

Bank of France governor Villeroy de Galhau speaking to BFM radio

  • banks much more solid than in 2008
  • lending to French companies is growing
  • French regulator watching bank exposure to oil
  • markets are over-reacting
  • French recovery not affected by market turbulence
  • Hollande payroll tax credits are working
  • French share of global exports has stabilized
  • economic uncertainties are outside Eurozone

Oh really? Villerory in ostrich-like head-in-sand mode.

Meanwhile EURUSD pinned around 1.1300 still.BOF's

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