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Article R512-47 of the French Monetary and Financial Code

The geographical jurisdictions of the savings and provident institutions and other credit institutions or finance companies affiliated to the central body of the caisses d’épargne et des banques populaires are determined by the central body of the caisses d’épargne et des banques populaires. The aforementioned savings and provident institutions, credit institutions and finance companies may open branches with the authorisation of the central body of the savings banks and banques…

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