At the end of October 2018, the aggregate number of corporate bankruptcies over the last 12 months amounted to 53,980 down 1.4% compared to October 2017 (see tables A and B and charts 1 and 2).
The aggregate number of bankruptcies over the past 3 months increases by 6.1% compared to the same aggregate 3 months ago.
The agriculture, information and communication, construction, and whole sale and retail trade sectors recorded the strongest decreases in bankruptcies over the past 12 months ( -5.2%, -4.2%, -3.4%, and -3.4% respectively). Bankruptcies also decreased substantially in other sectors, particularly in the industry sector ( 3.2%).
However, over the same period, corporate bankruptcies increased in some sectors, in particular in the transportation and storage sector (+12.0%) and in the advisory and business support activities (+5.8%).
Bankruptcies decreased for SMEs as a whole (-1.4%), despite an increase for Very small firms (+1.1%). They increased also for Intermediate-sized enterprises (ISEs) and Large firms (+3 bankruptcies over 12 months, see table B).
The outstanding loan amount of firms filing for bankruptcy over the past 12 months accounts, at the end of October, for nearly 0.35% of the total outstanding loan amount reported to the Banque de France's Central Credit Register.
The aggregate number of corporate bankruptcies decreased by 1.2% at the end of November 2018, according to provisional data (see tables A and B and chart 2).