(AOF) – The European banking authority has published the results of the resistance test to which European banks were submitted. These tests were carried out in coordination with the European Central Bank (ECB), the single monitoring mechanism (MSU) and the European Systemic Risk Committee (CERS). BNP Paribas has demonstrated a high level of resilience during the test, with a maximum loss of the CET1 Fully Loaded ratio compared to the starting point of -235 basic points, that is to say a significant improvement compared to -398 points observed during exercise 2023.
At the level of the lever ratio, degradation is also lower than that of two years ago. The group lever ratio remained above the requirement throughout the stress period, with a low point at 3.9 %, compared to 3.4 % in 2023.
The unfavorable scenario was defined by the ECB and the CERS over a period of three years (2025-2027). The test was carried out by applying a static balance sheet hypothesis in December 2024, without taking into account commercial strategies or future actions.
AOF – Find out more
Key points
– Bank born in 1822, reinforced in 1999 by the merger with Paribas, 1
era
French and 7
th
world;
– Banking net product of € 48.8 billion made by banking networks (French, Belgian, Italian, Luxembourg, Polish and Turkish) and specialized trades (consumer credit, leasing, digital trades including the Nickel account), by the business bank and by investment and protection services (management of assets and heritage, institutional and private management, insurance);
– Business model of profitable growth based on European n ° 1 positions, on technology at the service of customer experience and operational performance, all professions being mobilized on sustainable finance issues;
– Capital held by the Belgian State (5.6 %), the Grand Duchy of Luxembourg (1.1 %) and employees (4.6 %), with a council of 16 administrators chaired by Jean Lemierre, Jean-Laurent Bonnafé being general manager.
Challenges
–
“Efficiency initiatives” based on artificial intelligence and aimed at 1.2 billion cost savings in 2025-26: rationalization of purchases, withdrawal of external expenses, optimization of the real estate stock and deployment of shared platforms contributing to 33 % of total income,
– Recovery of Personal Finance branches (credits. In consumption or cars, etc.) and commercial banks, combining refocusing on the heart of trades, high reduction in costs, capital optimization, rise in the contribution of companies put in equivalence and aiming for an increase in income and profitability by 2028,
– Innovation focused on the digital offer to customers: 1
is
In France with 4.4 million “digital” customers, world leading platforms in state loans, Forex or Swaps and in the five 1st European banks with Hello Bank! ;
– ambitioning environmental strategy to become 1
is
global sustainable finance (2
th
Mondial and 1
is
European in green loans and 1
is
European of funding for renewable energy projects) with the objective of carbon neutrality in 2050 and point of spate 2025:
– € 350 billion mobilized in sustainable bond credits and emissions and € 300 billion in sustainable assets (target reached 75 % at the end of 2024);
– Alignment of the loan portfolio on the trajectory of the Paris Agreement (80 % of energy funding in renewable energies on the 2030 objective),
–
Support for customers in the low-carbon transition: € 180 billion in funding,
– financing up to € 4 billion in biodiversity;
– Very solid financial position -Ratio this 1 of 12.9 %, profitability of 12.4 % of equity, leverage ratio of 4.6 % and liquidity reserve of € 480 billion.
Challenge
– Evolution of net accounting assets, € 93.7, to be compared to the stock market, and the cost of risk, at 33 base points;
-Evecution of the strategic recovery plan for the CPBS Division -Banques Commercial and Personal Finance;
– in fund management, integration of AXA-IM (+ 50 % of the net profit before tax by 2026);
– After an increase of 3.8 % of the net banking product and, 0.3 % of the operational profit in the 1st quarter, ambitions 2025-26: growing income of + 5 %, cost of risk less than 40 pb, ratio CET1 around 12.3 % and net result up + 7 %;
– Dividend 2024 increasing at € 4.79 and followed by a deposit on September 30, to which is added € 1.1 billion of share repurchase (engagement of a distribution rate of 60 % until 2026).
