Bank of France's Vileroy says not seeing rise in over-indebteness

Bank of France's Vileroy says not seeing rise in over-indebteness
Representative Picture. Image Credit: Pxhere
  • Country:
  • France

Francois Villeroy de Galhau, the governor of the Bank of France, told Radio Classique radio on Friday that despite the COVID-19 crisis, the central bank had not seen an increase in cases of over-indebteness in France so far this year.

"We are not seeing todate an increase in over-indebteness cases - on the contrary, for the first 11 months of 2020 there were 97,000 cases against 132,000 during the same period last year," he said.

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.