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Financing of microentreprises 2017Q1

Published on 05/30/2017
Equipment loans to very small enterprises accelerate
Over one year, loans to very small enterprises (or micro-enterprises) rise by 4.7 % to reach ? 250.2 billion. Equipment loans accelerate (3.9 % after 3.1 %). Real-estate loans also gather momentum (+ 6.6 % after + 5.0 %), partly due to a base effect. By contrast, treasury loans decrease again over one year despite a positive quarterly change.

Quarterly loans gross issuance amounts to ?16.5 billion compared with ?14.4 billion in the last three months of 2016.

Interest rate on loans below ?250,000 remains under 2.0% (1.85%). This level remains much lower than in other major euro area countries.
Loans to micro-enterprises : credit type breakdown
(Outstanding amounts, EUR billions)
Outstanding Yearly growth
Q1 2017 Q4 2016 Q1 2017
Micro-enterprises 250,2 3,7% 4,7%
Cash loans, including factoring 18,2 -0,2% -1,6%
Investment loans 118,8 3,1% 3,9%
Real-estate loans 113,0 5,0% 6,6%
Micro-enterprises loans outstanding changes
(EUR billions - seasonally adjusted)
Note : seasonally adjustment stands for cash loans only
Loans to micro-enterprises issuance
(Quarterly gross issuance, EUR billions)
Eurozone : Loans below EUR 250,000 new issuances rate (%)
Source and design : Direction générale des statistiques
For more information
In the survey the definition of micro-enterprises accounts for three criteria from the LME law, or instead, a turnover below ? 2,000,000.
More information on : long time series, calendar, methodology
All statistical series released by Banque de France are available at Webstat Banque de France
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Financing of microentreprises
  • Published on 05/30/2017
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Published on Tuesday, May 30, 2017