Bank of France

The Bank of France is the French member of the Eurosystem. Napoleon Bonaparte established it in 1800 as a private-sector corporation with unique public status, and Charles de Gaulle's government nationalized it in 1945 after several governance changes in the meantime. The Bank of France was granted note-issuance monopoly in Paris in 1803 and in the entire country in 1848, issuing the French franc. It remained France's sole monetary authority until end-1998, when France adopted the euro as its currency.
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