Launch of participating loans with the support of the French State

Friday, 5 march 2021

This scheme represents a way for companies to boost investment in the pursuit of business development projects requiring them to strengthen their balance sheets.

Bruno Le Maire, Minister of the Economy, Finance and Recovery in the French government, and French banks presented the details of these loans on Thursday March 4. More than ever, Groupe BPCE remains mobilized to carry out its mission of financing the French economy

At this launch conference, Steve Risch, Chairman & CEO of Fortwenger, the leading French gingerbread specialist and a customer of the Caisse d’Epargne Grand Est Europe, came to testify during the round table discussions. “Strengthening a company’s balance sheet to get off to a better start: a challenge for economic recovery.” He emphasized in particular “the fact that the participating loan is an excellent solution that allows us to look to the future and invest serenely.” 

Read the press release published by the French Banking Federation