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Loans by size of firms 2017Sep

Published on 11/13/2017
Credit to companies grows at the same pace than in August
  • At end-September 2017, the outstanding amount of drawn credit reached 926.1 billion euros, increasing by 4.9 % over a year.
  • The increase affected all categories of enterprises: + 2.5 % for SMEs, + 5.7 % for ISEs and + 5.0 % for LFs.
  • The increase in the outstanding amount of drawn credits concerned the majority of sectors. It stood at 9.1 % over a year in the industry sector, 4.8 % in advisory and business support activities, and 4.7 % in wholesale and retail trade. By contrast, the outstanding amount of drawn credit fell respectively by 1.4 % and 5.7 % in the construction and in the information and communication sector.
  • Average interest rates of new loans fell slightly in September as much for loans with a unit amount of less than EUR 1 million (1.75 %, down from 1.78 % in August) as for the ones with a unit amount of more than EUR 1 million (1.38 %, down from 1.44 %).
Outstanding amounts of loans to resident enterprises by size (*)
(Outstanding amounts in EUR Bn, annual growth rate in %)
Number of enterprises (**) Outstanding amounts Drawn credits

annual growth rate
SEP- 2017 SEP- 2017 SEP- 17/SEP- 16 Aug-17/Aug- 16
SME 1,089,869 386.2 2.5 2.7
ISE 6,024 277.1 5.7 6.0
Large Firms 265 104.6 5.0 3.6
Total
(exc. non-trading real estate companies and others)
1,096,158 767.9 4.0 4.0
non-trading real estate companies and others (see Additional) 554,213 158.2 9.9 10.0
All enterprises 1,650,371 926.1 4.9 5.0
(*) inc. spme proprietors
(**) LME definition, with loans outstanding amounts above 25000 euros
Outstanding amounts of loans to resident enterprises by type of credit and by sector
(Outstanding amounts in EUR Bn, annual growth rate in %)
Drawn credits Drawn and undrawn credits
Outstanding amounts Annual growth rates Outstanding amounts Annual growth rate
SEP- 2017 SEP- 17/SEP- 16 SEP- 2017 SEP- 17/SEP- 16
Agriculture, forestry and fishing (AZ) 51.4 1.7 58.4 3.0
Industry (BE) 116.6 9.1 196.7 2.5
- inc. Manufacturing (C) 95.3 9.2 154.8 1.9
Construction (FZ) 47.7 -1.4 70.1 1.2
Wholesale and retail trade; repair of motor vehicles and motorcycles (G) 123.3 4.7 180.4 3.7
Transportation and storage (H) 38.6 1.4 51.9 2.3
Accommodation and food service activities (I) 27.2 2.4 32.2 2.2
Information and communication (JZ) 18.5 -5.7 35.5 2.5
Real estate activities (LZ) 381.9 4.7 416.7 5.3
Business support activities (MN) 55.7 4.8 73.5 4.1

Education, human health and social work services, Arts, entertainment and recreation, Other service activities (P to S)
44.8 8.2 51.2 9.7
Holdings 20.3 32.8 23.5 28.1
926.1 4.9 1,190.1 4.4
Interest rates to new loans to non-financial corporations (exc. overdraft)
(Effective interest rates in the narrow sense)
SEP- 2016 Apr- 2017 May-2017 Jun-2017 juil. 2017 Aug-2017 (a) SEP- 2017 (b)
- Credits < or = 1 million euros 1.80 1.72 1.71 1.70 1.71 1.78 1.75
- Credits > 1 million euros 1.46 1.62 1.41 1.41 1.25 1.44 1.38
(a) Revised
(b) Provisionnal
Outstanding amounts of credit
(drawn credit, in EUR Bn (*))
(*) see Additional information
Additional information
The outstanding amounts of credit in this publication are those collected by the central credit register, i.e. of a unit amount of more than 25,000 euros. These outstanding amounts include drawn credits, which means those actually used, and the undrawn credits, unused lines of credit. Individual data are grouped according to the size (larges firms, intermediate-sized enterprise - ISE and small and medium-sized enterprise - SME) and the sector of businesses. Businesses that cannot be assigned in a size category according to the criteria of the LME (Loi de Modernisation de l'Économie) are included in the category "non-trading real estate companies and others".

Additional data on SMEs, interest rates by size of enterprises, and share of less than 3 year old enterprises (excl. sole proprietors) in the total of enterprises, are available at the following address:
http://webstat.banque-france.fr/fr/browse.do?node=5384417

Outstanding amounts of credit to micro-enterprises (incl. sole proprietors), come from another data collection and are available at the following address:
http://webstat.banque-france.fr/fr/browse.do?node=5384934

Non-financial corporations include all enterprises with as main activity the market production of goods and non-financial services, excluding sole proprietors.

Interest rates in this publication are those to new credits distributed by resident credit institutions to French non-financial corporations. The interest rates are effective rates in the narrow sense. They correspond to the interest component of the Annual Percentage Rate.
More information on methodology time series calendar
All statistical time series published by the Banque de France can be accessed on
Webstat Banque de France
STAT INFO - September 2017
Loans by size of firms
Contact :
DSMF Contact Stat Info

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Loans by size of firms
  • Published on 11/13/2017
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Published on Monday, November 13, 2017