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Notification by the ACPR of the designation of BNP Paribas on the 2021 list of G-SIBs


WEBWIRE

BNP Paribas has received the notification by the ACPR (“Autorité de contrôle prudentiel et de résolution”), dated 23 November 2021, that the Group has been designated on the 2021 list of Global Systemically Important Banks (G-SIBs) in the bucket 3 corresponding to its score based on end-2020 data.

Consequently, the requirement of G-SIBs buffer applicable for the group should be 2% of the total risk-weighted assets beginning January 2023.

As a reminder, given the score of the previous assessment, the requirement of G-SIBs buffer applicable to the Group from the 1st January 2022 will be of 1.5%, unchanged compared those currently applicable.

The Group is well above the regulatory requirements with, as at 30 September 2021, a CET1 ratio at 13.0%, a Tier 1 ratio at 14.25% and a Total Capital ratio at 16.6%, in accordance with the transitional provisions relating to the introduction of IFRS 9.

About BNP Paribas

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 68 countries and has more than 193,000 employees, including nearly 148,000 in Europe. The Group has key positions in its three main fields of activity: Retail Banking for the Group’s retail-banking networks and several specialised businesses including BNP Paribas Personal Finance and Arval ; Investment & Protection Services for savings, investment and protection solutions ; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated retail-banking model across several Mediterranean countries, Turkey, Eastern Europe as well as via a large network in the western part of the United States. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.

BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.


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