The Limited Times

Now you can see non-English news...

The collection of the livret A resumed in July

2021-08-23T13:50:40.330Z


Return to normal for the preferred safe haven for the French, up 1.15 billion euros after stagnating in June.


The collection on the Livret A normalized in July, after having garnered record amounts since the start of the pandemic, to 1.15 billion euros, according to figures released Monday by the Caisse des Dépôts.

Last year at the same period, which was marked by the first deconfinement and the end of health constraints, the French had set aside 1.85 billion euros on their booklets A.

Read also Employee savings less profitable than the Livret A

This figure of 1.15 billion appears all the more like a return to normal since June, traditionally a month of significant fundraising, had marked a break with zero fundraising.

The deconfinement in June, with the acceleration of vaccination, has led to an increase in the consumption of the French, which therefore affects their level of savings.

Despite a level of remuneration at the lowest 0.5%, the Livret A, which is used in particular to finance social housing in France, has indeed become a safe haven for savers during the crisis triggered by the Covid- 19.

More than 22 billion collected over the first seven months

The Sustainable and Solidarity Development Booklet (LDDS), which finances the social and solidarity economy and energy savings in housing, is also experiencing a normalization of its collection, to 250 million euros in July, against 640 million. last year at the same time.

In total, the net inflows achieved by the Livret A and the LDDS combined therefore amounted to 1.4 billion euros in July.

Read also Jacques-Olivier Martin: "An obese and too lazy booklet A"

And over the first seven months of the year, the two booklets collected more than 22 billion euros. It is halfway between the 31.5 billion collected in 2020 over the same period and the 16.3 billion in the first seven months of 2019. The total outstanding on the Livret A and on the LDDS reached 470.5 billion euros at the end of July 2021, an increase of 7% over one year.

Source: lefigaro

All news articles on 2021-08-23

You may like

News/Politics 2024-02-29T13:24:02.594Z

Trends 24h

News/Politics 2024-04-18T20:25:41.926Z

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.