At end-April 2017, the aggregated number of corporate bankruptcies over the last 12 months decreased by 6.7 %
- At end-April, the aggregated number of corporate bankruptcies over the last 12 months amounted to 56,415, down 6.7% compared to April 2016.
- Two sectors, construction and real estate activities, recorded the strongest decrease in bankruptcies over the past 12 months (-12.4 % and -9.4 %, respectively). The aggregated number of bankruptcies also decreased in other sectors, particularly in wholesale and retail trade, repair of motor vehicles and motorcycles (-7.4 %) and accommodation and food services (-7.4 %). However, over the past 12 months corporate bankruptcies increased in agriculture, forestry and fishing (+10.7 %) and to a lesser extent in transport and storage (+5.2 %).
- Bankruptcies decreased for SMEs (-6.7 %) and remained stable for intermediate-sized enterprises (ISE) and large enterprises.
- The outstanding loan amounts of firms filing for bankruptcy over the past 12 months accounts for a little more than 0.35% of the total outstanding loan amounts reported to the Banque de France's Central Credit Register.
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Business failures by company size and sector of activity
Published on Thursday, July 13, 2017