Published February 13, 2013
PARIS – Societe Generale Chief Executive Frederic Oudea said the bank had taken a 300 million euros legal provision as a general precaution rather than because of a specific lawsuit.
"There is no specific litigation," he told journalists.
SocGen has also begun repaying cheap LTRO funds borrowed from the European Central Bank, Oudea added.
(Reporting by Lionel Laurent; Editing by Christian Plumb)