France PEL accounts closed
France PEL accounts closed stood at 1,656,078 Accounts in 2025, according to ECB Data Portal – Banking structural statistical indicators (SSI), France. It is one of the indicators in the Financial sector structure (annual) table (Value · Annual), with a complete series running from 2020 to 2025. The complete series with an interactive chart, free to download.
This indicator in the Financial sector structure (annual) table
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
| Home savings plan (PEL) | |||||||
| Accounts closed | 1,656,078 | 2,418,665 | 2,379,873 | 1,535,588 | 1,445,028 | 1,397,594 | |
| Outstanding amount held by individuals | 204,762 | 226,289 | 257,116 | 287,854 | 296,127 | 294,483 |
Understanding france PEL accounts closed
The count of finalized home savings plan terminations documents the exact number of agreements officially closed by retail customers or banking institutions during the annual reference period. It isolates contractual exits—whether driven by real estate acquisition, contract maturity, or voluntary surrender—distinguishing these terminated agreements from active portfolios or newly initiated plans. The tabulation enumerates discrete administrative units rather than monetary volumes, capturing the frequency of account dissolution across the banking sector.
Interpreting this count requires recognizing that contract closures often follow strict regulatory holding periods that dictate when accumulated rights can be exercised. Observers must avoid treating closure counts as direct proxies for property purchases, because many agreements terminate without resulting in immediate real estate deployment. Comparing this metric against opening counts provides insight into portfolio churn, though structural shifts in tax legislation can cause sudden surges in terminations. Analysts should evaluate year-on-year changes to identify shifts in household long-term planning horizons independent of monetary inflation.
Frequently asked questions
- Does every closed account result in a real estate purchase?
- No, accounts frequently close due to contract maturity or voluntary withdrawal without an immediate property transaction.
- How is a closed account defined for this count?
- A closed account represents a formally terminated legal agreement where the remaining balance is fully disbursed.
- Are partial withdrawals counted as closures?
- No, partial withdrawals leave the contract active, whereas this series tracks total agreement termination.