BNP Paribas took part in first LTRO repayment -CEO
PARIS Jan 30 (Reuters) - BNP Paribas, France's No. 1 bank, was among the first batch of lenders that earlier this month repaid cheap long-term funds borrowed from the European Central Bank, BNP's chief executive said on Wednesday.
Asked on the sidelines of a French parliamentary hearing on bank reform whether BNP had been part of the first wave of so-called LTRO repayments, Jean-Laurent Bonnafe told Reuters: "Yes, we were." (Reporting by Matthias Blamont)
We are living longer but not creating financial plans to keep pace. Advisers give tips on how to make sure you don’t outlive your money. Video