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The Caisse des Dépôts et Consignations (English: Deposits and Consignments Fund) is a French financial organization created in 1816, and part of the government institutions under the control of the Parliament.
Augustin De Romanet is the board chairman and chief executive. [1]
[edit] The business
The collapse of the Napoleonic empire and a long series of financial scandals and crises in the early 19th century had sapped the French economy by the time Louis XVIII took the throne. In 1816, the king formed a new French government charged with the task of rebuilding the country's economy, including eliminating its long-standing trade deficit as well as the debt incurred through war. In April that year, the government created a new body, the Caisse des Dépôts et Consignations, expressly to safeguard public funds, including the country's civil servants' pension funds and retirement accounts.[2]
[edit] References
- ^ "Caisse des Dépôts et Consignations: Private Company Information - BusinessWeek". investing.businessweek.com. 2011 [last update]. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=553777. Retrieved 31 March 2011.
- ^ A unique investor and sub-pages, Caisse des Dépôts corporate website, 2009.Accessed 3 April 2011.
[edit] External links
- (French) Official website
- (English) Corporate website
Coordinates: 48°51′33″N 2°19′42″E / 48.85917°N 2.32833°E
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