Popular savings accounts (LEP) in Metropolitan France
Popular savings accounts (LEP) in Metropolitan France stood at 82,601.63 EUR million in Jul 2026, according to Banque de France – Webstat (webstat.banque-france.fr). It is one of the indicators in the Bank credit and deposits by territory table (Value · Monthly), with a complete series running from Jun 2007 to Jul 2026. The complete series with an interactive chart, free to download.
This indicator in the Bank credit and deposits by territory table
| Indicator | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Popular savings accounts (LEP) | |||||||||||
| Metropolitan France | 82,601.63 | 82,698.68 | 82,796.65 | 82,831.33 | 83,155.08 | 83,265.08 | 83,084.58 | 82,706.83 | 80,155.37 | 79,947.96 | |
| Île-de-France | 6,089.21 | 6,084.74 | 6,076.63 | 6,055.94 | 6,081.9 | 6,085.87 | 6,045.63 | 5,987.66 | 5,791.35 | 5,754.47 |
Understanding popular savings accounts (LEP) in Metropolitan France
Popular savings accounts (LEP) recorded across financial institutions operating within Metropolitan France measure the aggregate retail savings balances held exclusively by eligible low-income individuals meeting strict fiscal criteria. The metric aggregates total principal balances deposited in these means-tested passbooks, isolating them from general passbook savings or standard sight deposits. Excluded from this aggregate are individuals exceeding the statutory income tax thresholds that govern eligibility for holding this specific financial instrument.
Evaluating these metrics necessitates accounting for annual fiscal verification processes where banks automatically close or convert accounts if a holder's tax notice exceeds statutory limits, creating periodic downward steps in the series. Seasonal income fluctuations and bonus disbursements similarly influence retail inflows, making twelve-month percentage comparisons more reliable than consecutive monthly changes for identifying underlying savings momentum. Analysts must exercise caution when contrasting this targeted retail measure against broader monetary aggregates, given that eligibility rules restrict access to a specific segment of the population rather than the general public.
Frequently asked questions
- Who is eligible to contribute funds to these popular savings accounts?
- Only individual taxpayers whose reference taxable income falls below statutory ceilings defined by national tax authorities qualify to open and maintain these accounts.
- How often is account eligibility verified by financial institutions?
- Banks review tax administration records periodically, leading to adjustments when account holders cross the statutory income thresholds.
- What distinguishes LEP balances from standard passbook savings?
- LEP accounts feature strict means-tested entry requirements and typically offer higher regulated yields reserved for lower-income households.