To support businesses facing the Covid-19 crisis, in April the state opened a state guaranteed loan scheme (PGE) totaling 300 billion euros.

For the moment, a little more than a third of this envelope has been loaned by the BPI, explains on Europe 1 Anne Guérin, executive director of financing and of the Bpifrance network.

INTERVIEW

It is a massive weapon used by the state to limit the cascade of bankruptcies due to the economic crisis of the coronavirus: in April, the public authorities opened a system of loans guaranteed by the state in the amount of 300 billion d euros, granted by banks and the Public Investment Bank (BPI).

More than six months later, the structure made its accounts: "We are at around 110 billion granted for 600,000 companies," said Monday on Europe 1 Anne Guérin, executive director of financing and the network of Bpifrance.

"It's massive."

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"We did not use the whole envelope"

"Our country has been exemplary in this crisis", assures the leader at the microphone of Elisabeth Assayag and Emmanuel Duteil in

La France bouge

.

The State has of course provided the means, but so have the bankers.

"These 600,000 loans were granted in a very limited period and in difficult sanitary conditions. It is a device which has found its place very strongly," she continues.

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The new restrictions in the face of the resurgence of the disease, which prevent a real rebound in the economy, will they lead to new recourse to EMPs?

"It's possible", replies Anne Guérin.

"In any case, we haven't used the whole envelope."

Last week, Bruno Le Maire announced the extension of this device until June 2021.

"Lots of resources" at the BPI

The leader of the Bpifrance structure also evokes the solution represented by the Solidarity Fund, now available to companies with up to 50 employees.

Companies do not need to "justify a drop in turnover" when they are in the tourism sector, she recalls. 

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Finally, the BPI has "set up 10,000 rebound loans with the regions", welcomes Anne Guérin: "All the regions have invested money to support this very difficult period for companies. I have the feeling that there is real economic solidarity around business leaders. "

If "the money is not dripping" for Bpifrance, Anne Guérin insists on the fact that "we have a lot of resources".

>> Find the full interview with Anne Guérin below

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