Société de Financement de l’Économie Française (SFEF): Supporting the French Economy
Société de Financement de l’Économie Française (SFEF), often translated as the “Financing Company for the French Economy,” plays a crucial, albeit often behind-the-scenes, role in stabilizing and supporting the French economy during periods of crisis. Established in 2008 during the global financial crisis, its primary mission is to provide state-backed guarantees to banks operating in France, facilitating their access to liquidity and ensuring the continued flow of credit to businesses and households.