Caisse des dépôts et consignations

The Caisse des Dépôts et Consignations (English: Deposits and Consignments Fund) is a French financial organization created in 1816, and part of the government institutions under the control of the Parliament.

Augustin De Romanet is the board chairman and chief executive. [1] 

The business

The collapse of the Napoleonic empire and a long series of financial scandals and crises in the early 19th century had sapped the French economy by the time Louis XVIII took the throne. In 1816, the king formed a new French government charged with the task of rebuilding the country's economy, including eliminating its long-standing trade deficit as well as the debt incurred through war. In April that year, the government created a new body, the Caisse des Dépôts et Consignations, expressly to safeguard public funds, including the country's civil servants' pension funds and retirement accounts.[2]

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