	ccf reports pct profit boost share split seen credit commercial de france ccfp pa reported a parent company net profit up pct to mln francs from mln francs a few weeks before its denationalisation around the end of this month official sources said the bank france s sixth largest in terms of its deposits and seventh in terms of its assets planned a share split to increase the number of shares on offer ahead of the sale of pct of its ordinary share capital to the public of pct to staff and pct abroad previously one of france s biggest private banks it was nationalised by the socialists in the sources said it was too early to give details of the planned split or of the share price but cited april as a likely date for the flotation launch so far pct of the group s capital currently at mln shares of francs nominal has been offered for sale to large private investors to constitute a solid core of eight to ten shareholders before the flotation the private tender offer closes on april while a mln franc advertising campaign for the flotation begins on sunday the privatisation will be a way of attracting extra clients ccf deputy director general rene de la serre told reuters market sources put the total value of ccf s privatisation at between four and five billion francs de la serre said the bank was likely to attract at least the same number of investors as sogenal another recently privatised bank in which people bought shares the government s sweeping privatisation programme has also included the sale of saint gobain sgep pa and cie financiere de paribas pari pa the sale of banque du batiment et des travaux publics and banque industrielle et mobiliere privee should be completed this month while third largest french bank societe generale sgen pa will be privatised later this year reuter 
