BNP Paribas is proposing to repay its debt to the French government earlier than expected, The Financial Times has reported.
The bank was bailed out in March of last year, when it receive €5.1 billion in state support and it will be launching a €4.3 billion rights issue to assist in regaining its independence.
In May, BNP completed its acquisition of Fortis Bank after the latter’s shareholders failed to prevent the move.
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