Results for the 2nd quarter and 1st half of 2010
August 05, 2010 -
Earning capacity confirmed in a more volatile environment
- Net income attributable to equity holders of the parent of €935 million in Q2-10
- Net income attributable to equity holders of the parent of €1,945 million in the 1st half of 2010
- Net banking income of the core business lines up 8% compared with the 2nd quarter of 2009
- Net banking income of €11.9 billion in the 1st half of the year
2010-2013 strategic plan “Together”: implementation resolutely pursued in the 1st half of 2010
Achievement of financial objectives: financial strength enhanced and acceleration of the program to reimburse the French government
- Core Tier-1 ratio of 7.4% and a Tier-1 ratio of 9.6% at June 30, 20102
- Redemption on August 6 of preference shares for a total of €1.2 billion and deeply subordinated notes for a total of €600 million held by the French government; additional reimbursement of €600 million in preference shares on October 15, 2010 once the disposal of Société Marseillaise de Crédit (SMC) has been finalized.
