February 1, 2013 / 12:31 PM / 4 years ago

Credit Agricole says starts paying back LTRO funds

1 Min Read

PARIS, Feb 1 (Reuters) - Credit Agricole has started repaying the cheap funds it borrowed from the European Central Bank at the height of the euro zone crisis, a spokeswoman for the French bank said on Friday.

The spokeswoman declined to elaborate.

Earlier this week larger French rival BNP Paribas' Chief Executive Jean-Laurent Bonnafe told Reuters that it had been part of the first wave of so called LTRO repayments. (Reporting by Christian Plumb; Editing by Elena Berton)

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