BNP Paribas (BNPQY.PK) Q4 net income -51% to €765M. Revenue -6.1% to €9.7B. Took a €567M...

|About: BNP Paribas ADR (BNPQY)|By:, SA News Editor

BNP Paribas (BNPQY.PK) Q4 net income -51% to €765M. Revenue -6.1% to €9.7B. Took a €567M impairment on its Greek sovereign debt, increased its provisions so that 75% of its exposure to Greek debt is now covered, and reduced sovereign debt outstanding by 29%. Declares a dividend of €1.2/share, down from €2.1/share in 2010.