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BNP PARIBAS SA: NOTIFICATION BY THE ACPR OF THE DESIGNATION OF BNP PARIBAS ON THE LIST OF G-SIBs
BNPQYBNP Paribas(BNPQY) GlobeNewswire News Room·2024-11-27 17:10

Group 1 - BNP Paribas has been designated as a Global Systemically Important Bank (G-SIB) in bucket 2 based on end-2023 data [1] - The G-SIB buffer requirement for BNP Paribas remains at 1.5% of total risk-weighted assets starting from January 1, 2025, unchanged from the current level [2] - As of September 30, 2024, BNP Paribas has a CET1 ratio of 12.7%, a Tier 1 ratio of 14.7%, and a Total Capital ratio of 16.7%, indicating strong capital levels above regulatory requirements [2] Group 2 - BNP Paribas is the leading bank in the European Union, operating in 63 countries with nearly 183,000 employees, over 145,000 of whom are in Europe [3] - The Group has key positions in three main fields: Commercial, Personal Banking & Services; Investment & Protection Services; and Corporate & Institutional Banking [3] - BNP Paribas is expanding its integrated commercial and personal banking model across several Mediterranean countries, Turkey, and Eastern Europe, while maintaining a strong presence in the Americas and a growing business in Asia-Pacific [3] - The Group has implemented a Corporate Social Responsibility approach across its activities, contributing to a sustainable future while ensuring performance and stability [3]