At the end of November 2017, the aggregated number of corporate bankruptcies over the last 12 months decreased by 7.6%
- At the end of November, the aggregated number of corporate bankruptcies over the last 12 months amounted to 54,445 down 7.6 % compared to November 2016.
- At the end of November, two sectors, construction and real estate activities, recorded the strongest decrease in bankruptcies over the past 12 months (-13.6% and -17.9%). The aggregated number of bankruptcies also decreased in other sectors, particularly in advisory and business support activities (-9.4 %) and in accommodation and food services (-7.4 %).
- Otherwise, the increase in corporate bankruptcies slowed down in agriculture, forestry and fishing (+3.7 % at the end of November versus 4.2 % at the end of October).
- Although increasing for small firms (+5.2 %), bankruptcies overall decreased for SMEs (-7.6 %). Besides, the number of bankruptcies increased for the ISE & large firms (+15 bankruptcies over 12 months).
- The outstanding loan amounts of firms filing for bankruptcy over the past 12 months accounts for 0.4% of the total outstanding loan amounts reported to the Banque de France's Central Credit Register.
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Business failures - France
Published on Friday, February 9, 2018