Bank of France profit rises 8 pct on lower risks, tax

March 14, 2016 10:53 AM

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PARIS, March 14 The Bank of France said on Monday that its net profit rose 8 percent last year as the French central bank set aside fewer provisions for risks and paid less tax than the previous year.

The Bank of France reported a net profit of 2.228 billion euros ($2.48 billion), up from 2.066 billion in 2014. It will pay corporate tax of 1.9 billion euros after 2.15 billion for 2014.

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