Livret A’s rate unchanged

The rate of French most popular savings product Livret A will not be trimmed and will remain at 0.75% on 1 February, French finance minister Michel Sapin announced following a recommendation of the Banque de France.

Livret A’s rate was expected to be trimmed to 0.5% but figures released by the French statistic institute Insee have shown that the inflation was still very low in the country.

Massive outflows have been stressed last year on Livret A whose rate is at its historic low.

Adrien Paredes-Vanheule
Adrien Paredes-Vanheule is deputy editor and French-Speaking Europe Correspondent for InvestmentEurope, covering France, Belgium, Geneva and Monaco. Prior to joining InvestmentEurope, he spent almost five years writing for various publications in Monaco, primarily as a criminal and financial court reporter. Before that, he worked for newspapers and radio stations in France, in particular in Lyon.

Read more from Adrien Paredes-Vanheule

Close Window
View the Magazine

I also agree to receive editorial emails from InvestmentEurope
I also agree to receive event communications for InvestmentEurope
I also agree to receive other communications emails from InvestmentEurope
I agree to the terms of service *

You need to fill all required fields!