PARIS, Oct 26 (Reuters) - Slower economic growth in 2024 could create more opportunities for bolt-on acquisitions, BNP Paribas (BNPP.PA) Chief Financial Officer Lars Machenil said on Thursday.
"If the (economic) growth is a bit more timid, which is probably what we're going to see next year, then that fuelling of additional growth - natural, organic - will be a tad slower," Machenil said.
Machenil didn't elaborate on the nature of the potential bolt-on acquisitions.
"Depending on how the next year will unfold, yes (there) might (be a) shift a bit towards bolting on," he said.
Reporting by Mathieu Rosemain Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.
Persons:
Lars Machenil, Machenil, Mathieu Rosemain, Mark Potter
Organizations:
BNP, Deutsche, ABN Amro, Bank of, Thomson
Locations:
Bank