BNP Paribas SA : 2025 MREL requirements notification

Core Points - BNP Paribas Group has received notification from the Autorité de Contrôle Prudentiel et de Résolution (ACPR) regarding updated Minimum Requirement for Own Funds and Eligible Liabilities (MREL) requirements effective from June 12, 2025 [1] - The total MREL requirement is now set at 22.19% of the Group's Risk-Weighted Assets (RWA) and 5.91% of the Group's leverage exposures, with a subordination constraint of 14.78% of RWA and 5.75% of leverage exposures [2] - As of March 31, 2025, BNP Paribas Group's total MREL ratio stands at 29.8% based on RWA, and the subordinated MREL ratio is 27.1%, significantly exceeding the updated requirements [3] Company Overview - BNP Paribas is a leading banking and financial services provider in Europe, operating in 64 countries with nearly 178,000 employees, over 144,000 of whom are in Europe [4] - The Group has key positions in three main areas: Commercial, Personal Banking & Services; Investment & Protection Services; and Corporate & Institutional Banking, catering to a diverse clientele [4] - BNP Paribas is expanding its integrated commercial and personal banking model across Mediterranean countries, Türkiye, and Eastern Europe, while maintaining a strong presence in the Americas and a growing business in Asia-Pacific [4]