European banks 'extremely solid': French central bank chief

European banks are in "extremely solid" shape and their situation is not similar to that of some US lenders, the French central bank chief said Friday amid fears of a crisis in the sector.

"European banks are not in the same situation as certain American banks for a very simple reason which is that they are not subjected to the same rules," Francois Villeroy de Galhau, who is also a member of the European Central Bank's governing council, told BFM Business television.