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.
Continue Reading Below
SocGen has also begun repaying cheap LTRO funds borrowed from the European Central Bank, Oudea added.
(Reporting by Lionel Laurent; Editing by Christian Plumb)