Question 31862 — banks and financial institutions

Summary

Mr. Daniel Labaronne questions the Minister of the Economy, Finance and Recovery on the banking accessibility mission entrusted to La Banque Postale (LBP) and on the possibilities for experiments that could be annexed to it. Article L. 518-25 of the Monetary and Financial Code states that “in the banking, financial and insurance fields, La Poste offers products and services to the greatest number of people, in particular the Livret A”. There Banque Postale is the only bank to which the public service mission of banking accessibility has been entrusted. Through its Livret A, which is free and can be used as a quasi-current account, it offers essential banking services to nearly two million unbanked people, according to figures from the Court of Auditors. La Banque Postale also supports 1.6 million financially fragile customers with a range of services specific and partnerships built with numerous associations. This system therefore constitutes real progress in terms of banking services for people in precarious situations. As noted in the information report tabled by the Assembly's Finance Committee on June 26, 2019 and presented by Mr. Philippe Chassaing, "the banking accessibility mission entrusted to La Banque Postale is the most effective banking inclusion system beneficial to people in very precarious situations” and “it offers the “invisibles” of financial fragility, those who do not have access to the traditional banking network, a first opportunity for banking.” The cost of this accessibility mission over the 2015-2020 period for public finances amounts to 1.83 billion euros. However, the communication from the Court of Auditors made in June 2017 to the Commission of Senate Finance on Public Policies for Banking Inclusion, as well as the aforementioned information report, called for an evolution of the banking inclusion mission. In particular, the need to increase payment methods and account management methods was mentioned. Likewise, the Court of Auditors mentioned the need to launch a reflection on the possible recognition of a service mission public access to a financial counter in the territory. In the meantime, new players have developed with offers aimed at the most vulnerable populations. Avenues for experimentation have been identified by some of these players, such as the complementarity of distribution networks to guarantee access to this public service mission in areas where La Banque Postale faces difficulties. organizational in order, on the one hand, to find the best form of distribution of this service throughout the French territory, and on the other hand, to lighten the system for the State budget. In this context and with a view to the reform of the banking accessibility mission of Livret A which was to take place in 2020, he asks him what he envisages for the future of this mission, in particular with regard to its opening to new operators.

Machine translation from French. The official text remains authoritative.

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