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International Business Times
International Business Times
Business
AFP News

Shares In Banking Giants BNP, ING Fall Despite Hefty Profits

ING BNP BNP Paribas RBC
French lender BNP said its net profit rose 11.4 percent to almost 11 billion euros ($11.8 billion) in 2023 (Credit: AFP)

Shares in European banking giants BNP Paribas and ING tumbled on Thursday as disappointing fourth-quarter results took the shine off bumper annual profits.

French lender BNP said its net profit rose 11.4 percent to almost 11 billion euros ($11.8 billion) in 2023 -- reaching a record for a third year in a row.

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