Dutch bankruptcy rate hits seven year low in September

bankruptcy rate SeptemberThe bankruptcy rate among Dutch companies fell to a seven-year low in September, the national statistics office CBS said on Thursday.

In total, 367 firms and organisations went bust, the lowest number since October 2008 and taking the total so far this year to 4,020.

The number of bankruptcies has been falling steadily since May 2013.

Trading companies were most likely to go bankrupt, followed by financial companies and specialist business service providers.

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