The State Guaranteed Loan (PEG) is a huge success with businesses. Since its launch 10 days ago, 75,000 SMEs, very small businesses, professionals or traders have already applied for this loan to save their cash or anticipate the resumption of activity. As of Friday evening, 10 billion euros had already been mobilized by the banks. "The demand is important because the system meets real expectations," notes Bertrand Cozzarolo, deputy director of client management at Société Générale. After the amazement of the first days of confinement, the leaders are taking proactive steps to preserve their business . ”
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At Société Générale, as in other banking networks, everything has been done to be able to distribute this new loan very quickly. "The loan was set up in record time ," says Alain Breffeil, director of corporate customers for retail banking in France at BNP Paribas. To be ready on March 25,
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