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Bloomberg reports BNP Paribas (BNPQY.PK) and Credit Agricole (CRARY.PK) are among French banks...

Bloomberg reports BNP Paribas (BNPQY.PK) and Credit Agricole (CRARY.PK) are among French banks struggling to come up with €37B to meet coming debt payments in 2012 Q1. With typical funding markets dried up (or at punitive rates), the lenders are busy finding creative ways to mortgage existing assets and may be taking part in today's ECB lending operation.
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