The Limited Times

Now you can see non-English news...

French savers support French companies

2021-02-07T22:37:07.300Z


Accessible via a life insurance contract, the “patriotic” fund, invested in start-ups and SMEs, is accelerating.


Can the French woolen stockings accumulated during the crisis serve as fuel for the French economy?

Bercy believes in it and the booming of the “patriotic” fund, invested in French start-ups and SMEs, seems to prove it right.

Since October, the Bpifrance Entreprises 1 fund, launched by the public investment bank (Bpifrance), has already collected nearly 20 million euros - out of 95 million available - from individuals.

They were able to buy online, via the specialized site 123 IM, until now the exclusive distributor.

And according to Bpifrance, nearly 30 million euros have also been taken out by banks and insurers for their life insurance contracts.

Read also:

Jean-Pierre Robin: "Mobilizing the savings mountain of the French to save businesses"

The demand is already there.

“It's been going very strong for two weeks.

We have clients who call us on their own to subscribe, ”said

Franklin Wernert, director of wealth management solutions at Société Générale Private Banking, the first bank to distribute this fund.

BNP Paribas, The Bank

This article is for subscribers only.

You have 70% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All life articles on 2021-02-07

You may like

Life/Entertain 2024-03-01T15:45:34.997Z

Trends 24h

Life/Entertain 2024-03-28T17:17:20.523Z

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.