January 30, 2013 / 3:16 PM / 5 years ago

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)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below