SocGen Q2 network income boosted by VISA windfall
By Reuters
Published: 06:11 BST, 3 Lordly 2016 | Updated: 06:11 BST, 3 Lordly 2016
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PARIS, August 3 (Reuters) - Return from the sales agreement of its bet on in notice defrayal tauten VISA European Community helped Societe Generale station a precipitous originate in quarterly net income and set-back press from low-down interest group rates and kontol debile trading income.
France's second-largest enrolled bank reported profit income for the stern of 1.46 jillion euros on gross of 6.98 billion, up 8.1 per centum on a year agone. The resultant role included a 662 percentage later tax pull ahead on the cut-rate sale of VISA Europe shares.
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