BNP Paribas Group: Results as at 31 December 2019

The Board of Directors of BNP Paribas met on

4 February 2020
. The meeting was chaired by Jean Lemierre and the Board examined the Group’s results for the fourth quarter and endorsed the 2019 financial statements.

2019: strong growth in income thanks to business drive and transformation

Significant revenue growth – rise in all the divisions
Revenue: +4.9% vs. 2018

Positive jaws effect in the three operating divisions
operating expenses: +2.5% vs. 2018
cost income ratio: -1.7pt

Low cost of risk 391 bps

Strong net income growth

Net income: €8,173m (+8.6% vs. 2018)
Increase in dividend per share

Very solid balance sheet cet1 ratio: 12.1% (+40 bps vs. 01.01.19)

The Group is continuing its transformation and is actively delivering its 2020 plan while strengthening its internal control and compliance system.

At the end of 2019, BNP Paribas reaffirmed its ambition to be a global leader in sustainable finance. The Group is already recognized in this area, as illustrated for example, by being the number 3 participant worldwide in the green bond market at the end of 2019, with 9.8 billion euros as joint bookrunner for its clients, and having signed

3.7 billion euros
of Sustainability Linked Loans at the end of 2019, a financing tool indexed on environmental, social and governance (ESG) criteria. This policy of engagement to have a positive impact on society is recognised through the bank’s strong rankings (World’s Best Bank for corporate responsibility in 2019 by Euromoney) and its presence in the major specialised indices (Dow Jones Sustainability Indices, World and Europe).

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