Bnp Paribas: first half profit + 9.1%

Digital Italy climbs the EU ranking but below the average (ANSA)

(ANSA) – ROME, JUL 29 – The Bnp Paribas group closes the first half of the year with an increase in the group’s net profit to 3.177 billion euros, which represents an increase of 9.1% over the same period of the year previous one. The trend in the intermediation margin in the six months was positive, up by 8.5% over the first half of 2021. Cet1 stood at 12.2%. “With enhanced profitability and a Rote of over 12%, BNP Paribas’ results are solid – underlines the CEO, Jean-Laurent Bonnafé in the note accompanying the disclosure of the bank’s accounts – and demonstrate its ability to mobilize more than ever all of its resources and business lines to support retail, corporate and institutional customers in all phases of the economic cycle “. The liquidity reserves of the group immediately available amount to 450 billion euros, equivalent to more than one year of room for maneuver with respect to market resources. The leverage ratio stands at 3.8%. (HANDLE).

Source: Ansa

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