Rating of French banks. The best banks in France for working with non-residents


The banking sector in France, like in many other countries, is in a state of constant transformation. This is due to economic changes (for example, crises), development of the banking services market, increased competition, changes in interest rates and other factors.

That is why every year in France a study is carried out on the activities and economic indicators of French banks, on the basis of which a rating of French banks is formed.

Rating of French banks by security level

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In the ranking for the security of transactions in the banking sector, France is inferior to countries such as Switzerland and Germany. Of course, losing invested money is a huge risk, and French banks are not immune from bankruptcy. But in France, deposits are insured by the state up to €100,000. For particularly large deposits, the upper threshold is set by the banking institution itself. 450 French banks have a similar deposit guarantee. These banks appear in the top 30 European banks:

  1. La Caisse des Dépôts.
  2. HSBC France.
  3. BNP Paribas.
  4. Banque Federative du Credit Mutuel.
  5. Credit Agricol

Rating of French banks by number of clients

This indicator allows you to compare the market shares of banks in France. But this indicator is quite difficult to interpret due to the fact that it generalizes private and corporate clients.

  1. Crédit Agricole – 52,000,000
  2. BNP Paribas – 32.000.000
  3. Groupe BPCE – 31.200.000
  4. Société Générale – 31,000,000
  5. Caisse d’Epargne – 20.600.000
  6. Credit Mutuel – 12.800.000
  7. La Banque Postale – 10.700.000
  8. Banque Populaire – 9.600.000
  9. LCL – 6.400.000
  10. Credit du Nord – 2,000,000

Rating of French banks by number of employees

This classification is not particularly important when choosing a bank for cooperation with a non-resident, but it allows you to visualize the banks that have the largest number of full-time employees.

  1. BNP Paribas – 192,092
  2. Société Générale – 145,700
  3. Crédit Agricole – 138,000
  4. Groupe BPCE – 108,000
  5. La Banque Postale – 4,222

Rating of French banks by cost-to-income ratio

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Cost-income ratio is a ratio that measures the operating performance of banks. The lower this ratio, the more efficient the bank. It is calculated by dividing overhead expenses (operating expenses) by the bank’s net revenue.

  1. Crédit Agricole – 61.3%
  2. Groupe CM 11 – CIC 61.7%
  3. Société Générale – 65.6%
  4. BNP Paribas – 67.7%
  5. Groupe BPCE – 69.0%
  6. CM ARKEA – 69.2%
  7. La Banque Postale – 82.4%

Rating of French banks by quality of digital services

The number of connections of banks in France to websites and online platforms is increasing every year, including (and even primarily) through applications for mobile devices. This ranking of French banks is based on an analysis of three different channels: web, mobile applications and social networks; it also takes into account the level of customer satisfaction regarding each of the three platforms.

  1. N26 – 60
  2. Fortuneo Banque – 43
  3. Credit Agricole – 40
  4. La Banque Postale – 39
  5. Boursorama – 38
  6. Hello Bank – 37
  7. CIC – 35
  8. Crédit Mutuel – 35Société
  9. Générale – 34
  10. LCL – 33
  11. ING Direct – 32
  12. HSBC France – 32
  13. Credit Mutuel Arkéa – 29
  14. BNP Paribas – 28
  15. Banque Populaire – 27
  16. Caisse d’Epargne – 25
  17. Credit du Nord – 20

According to the 2019 ranking of online banks, more and more French people are opening accounts online. Boursorama has 2 million customers and surpasses historical leader ING Direct in this regard. Online services are expanding into loans and insurance and are becoming a serious alternative to brick-and-mortar businesses.

Rating of French banks by cost of service

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This classification of French banks is based on the cost of servicing the client, including servicing an open account. It is based on three main criteria: daily account management, incidents and overdrafts, etc.

  1. Boursorama Banque – 30 €
  2. ING – 33 €
  3. Fortuneo Banque – 36 €
  4. Orange – 47 €
  5. Hello – 55 €
  6. Monabanque – 104 €
  7. Credit Agricole – 133 €
  8. La Banque Postale – 134 €
  9. Caisse d’Epargne – 145 €
  10. Banque Populaire – 168 €

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The best banks in France to serve non-residents

Rating of traditional French banks for non-residents

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We will mention the concept of “traditional” in the context of the standardization of banking services and the presence of physical offices of the institution. Not all traditional banks in France are friendly towards opening accounts by non-residents of the country. In order for a non-resident and/or foreign citizen to open an account in a French bank, he must meet certain criteria and fulfill certain conditions (for example, provide a document of official residence in France).

The following French banks work with non-residents:

  1. HSBC
  2. Société Générale
  3. Credit Mutuel
  4. Caisse d’Epargne
  5. BNP Paribas

Rating of online banks in France for non-residents

Opening an online bank account in France for a non-resident is quite a difficult task. In most cases, this requires the presence of bank details (RIB – relevé d’identité bancaire) of an already opened account in one of the banks in France. Today, perhaps the only online bank available to non-residents in France is Boursorama.

Rating of digital banks in France for non-residents

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Cooperation with a digital bank is the most accessible option for foreigners to open an account in France. Digital banks include:

  1. N26
  2. Compte Nickel
  3. C-Zam
  4. Anytime



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