l PARIS: French bank BNP Paribas yesterday posted a 31% rise in first-quarter profit, beating forecasts, on growth in money management results, capital gains, and fewer loan loss provisions.
The Paris-based bank, the euro-zone’s largest by market value, earned 1.263 billion euros (US$1.53bil) in the first three months of the year versus 962 million euros in the year-ago first quarter. – Reuters
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!