Bnp Paribas Gives You Income Beat With Sturdy Revenues From Funding Banking Division

“If you look at BNP Paribas, which is a very diversified bank, basically over the last couple of years where there has been turmoil everywhere the bank basically never had a year of loss.
So this diversification and this focus on really being risk averse has basically worked very well,” explained the banking executive.
“We basically adapted our CIB (Corporate and Institutional Banking division) early on in the regulation so today we are well-capitalized,” explained the CFO.
Given the continued low interest rate environment, the focus on costs and managing the cost of risk has grown ever more acute.
“As it has never led to big swings in results, it’s understandable that therefore we can have a more stable level of capital,” he concluded.

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