The Livret A rate back to 1.75%

August 1st, 2010

Breakfast boost for savers. The Livret A is again a profitable investment. His rate of pay increases from 1.25% to 1.75% on Sunday. In June, the budget minister Baroin announced increase in the rate of A booklet, "to track the cost of living." A rate that has stagnated since August 2009 to 1.25%, its lowest level since the creation of the Livret A in 1818.

The preferred placement of the French reported below inflation which rebounded 1.4% in June compared to last year. Probable, the French have done in May last more withdrawals from their savings books that they have deposited money, announced the TFB end June A first since the beginning of 2010 online payday advance.

With 183.4 billion euros placed at the end of 2009, Book A is favored by the French more than ever.According to a report just released by the Observatory of regulated savings, there were no fewer than 59.3 million savings books (and blue, distributed by credit unions), to nearly 65 million people! With the 600,000 booklets initiated by associations, the French have nearly 60 million booklets A. Or 10 million more than the end of 2008. By law, yet each person can hold a booklet A.

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