- Versus Reuters’ poll 991.9 mln
- Took 2.26 bln in provisions on Greek sovereign debt, or 60% of exposure
- Cut eurozone sovereign debt exposure in banking book by 20.7% in Q3
BNP CEO tells Reuters Insider:
- 60% Greece provision “adequate” for now
- Greece default would be “unpleasant” but manageable
- No plan to continue cutting sovereign debt holdings
- Risk of contagion to other euro countries is receding
