PARIS -- Credit Lyonnais fell victim to its expansive loan policy in the first half of 1992 as hefty provisions for a number of risky corporate loans contributed to a 92% decline in net group profit.

Chairman Jean-Yves Haberer said provisions would remain high in the second half, but he declined to give a profit estimate for the full year.

Net group profit totaled about $24 million, compared with $322 million a year ago. Provisions for bad loans rose 86% to $1.25 billion, from $674 million.

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