1837: Centralisation of livrets d’épargne savings accounts

The French parliament decided that the funds collected by the local caisses d’épargne savings accounts must be centralised and employed by Caisse des Dépôts from 1837.

This provision was extended to the livret A account from La Poste during the creation of the Caisse nationale d’épargne in 1881. The same system was partially applied to other savings accounts (LDD (ex-Codevi), livret d’épargne populaire/LEP, etc.) being taken up by all the banking networks, as they were created.

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