BNP Paribas took part in first LTRO repayment -CEO

PARIS Wed Jan 30, 2013 10:13am EST

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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)