PARIS, March 21 (Reuters) - BNP Paribas SA (BNPP.PA) and Credit Agricole SA (CAGR.PA), two of France's top listed banks, have awarded their chief executives 2010 bonuses of 1.67 million euros ($2.37 million) and 916,000 euros, respectively, as pay levels recover.
But French bank pay packages are still far behind those of British bank Barclays Plc (BARC.L), Germany's Deutsche Bank AG(DBKGn.DE) and even state-owned Royal Bank of Scotland Group Plc (RBS.L).
BNP CEO Baudouin Prot, one of the few bank chiefs to have kept his position throughout the crisis, will receive 60 percent of his 1.67 million-euro bonus, or 1 million, as a deferred payment between 2012 and 2014, the bank said on its website.
The bonus takes Prot's total compensation for 2010 to 2.7 million euros, including salary and other payments disclosed in regulatory filings.
Although this is 10 percent more than Prot got for 2009, it pales in comparison with the 6.5 million pounds ($10.58 million) bonus given to Barclays CEO Bob Diamond or the potential 7.7 million pound package lined up for RBS' Stephen Hester.
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