France’s SocGen to provision between 3.5 and 5 bln euros this year – CEO
French bank Societe Generale
expects to have to provision 3.5 billion euros to 5 billion
euros ($3.84 bln-5.49 bln) this year because of losses due to
the coronavirus crisis, its chief executive said in an interview
on Saturday.
expects to have to provision 3.5 billion euros to 5 billion
euros ($3.84 bln-5.49 bln) this year because of losses due to
the coronavirus crisis, its chief executive said in an interview
on Saturday.
Posted by Reuters
