Investor Presentaiton
IFS - Personal Finance - 2021
Strong increase in results, driven by a lower cost of risk
Sustained business drive
Increase in production with the evolution of the public-health situation
(+11.5% vs. 2020), supporting growth in end of period loans
outstanding (+0.9% vs. 2020)
Average loans outstanding: -1.0% vs. 2020, mitigation of the impact of
lower production due to the public-health crisis (+0.6% between 4Q21 and
4Q20)
Strong momentum in developing partnerships
•
•
Strengthening of the partnership with Stellantis: exclusive partner in
Germany, Austria and the United Kingdom; €6bn increase in loans
outstanding projected upon the closing of the deal¹
Signing of an exclusive strategic partnership with Jaguar Land Rover
in financing mobility in Europe in cooperation with Arval and Insurance
Change in product portfolio
10% Retailers
13% Credit cards
9%
11%
41%
Personal
loans
42%
36%
38%
Auto loans
31.12.19
31.12.21
Pre-tax income
+73.1%
1,163
672
Revenues: €5,216m
(-4.9% vs. 2020)
Decrease driven mainly by the impact of
negative non-recurring items in 2H21,
partly offset by higher production
2020
Єm
2021
Operating expenses: €2,817m
(+2.2% vs. 2020)
•
Investment and business development
offset in part by an improvement in
operating efficiency
Pre-tax income: €1,163m
(+73.1% vs. 2020)
Decrease in cost of risk
•
Significant contribution of associates
1. Closing of the deal projected in 1H23, subject to the usual authorisations, as well as prior disclosures and consulting with the personnel representatives concerned
BNP PARIBAS
The bank for a changing world
2021 Full Year Results | 23View entire presentation