- PARIS: BNP Paribas says its net profit rose 13.6 percent in the fourth quarter on strong growth in its corporate investment banking and international retail banking arms.
France’s largest bank says it made €1.55 billion ($2.1 billion) in the October to December quarter, up from €1.37 billion a year earlier.
The bank’s fourth quarter performance lifted full-year earnings above their pre-crisis level, reaching €7.84 billion, up 34.5 percent from a year earlier and slightly ahead of the €7.82 billion the bank made in 2007, before the global financial crisis hit the bank’s profits.