Third Quarter 2022 Results
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CPBS Commercial & Personal Banking in Belgium - 3Q22
Growth in activity in support of the economy
Significant increase in loans¹ (+15.4% vs. 3Q21)
•
+8.1% at constant scope and exchange rates²
•
Very strong growth in individual loans (+16.3%), mortgage loans in particular
(+18.2%), significant contribution from bpost bank (+€8.5bn)
Loans1
+15.4%
137
Strong increase in corporate loans: +11.7% with a high level of factoring
activity (+41.9%)
119
€bn
3Q21
3Q22
Accelerated growth in deposits with the integration of bpost bank
Deposits¹: +9.3% vs. 3Q21 (+1.3% at constant scope and exchange
rates2), significant contribution from bpost bank (+€11.3bn)
•
Off-balance sheet savings: -5.7% vs. 30.09.21, driven mainly by market
performances
Deposits¹
+9.3%
Revenues³: €917m
(-1.7% vs. 3Q21)
Net interest income: -2.0%, up at
constant scope² and excluding the impact
of non-recurring items in 3Q21
Fees: -1.1%, impact of the decrease in
financial fees
Operating expenses³: €558m
(+9.2% vs. 3Q21)
+3.0% at constant scope²
Increase driven mainly by inflation
and despite the impact of cost-
savings and optimisation measures
149
162
€bn
3Q21
3Q22
Pre-tax income4: €326m
(-13.7% vs. 3Q21)
Very high basis of
comparison in 3Q21
BNP PARIBAS
1. See slide 58; 2. Consolidation of bpost bank since 01.01.2022; 3. Including 100% of Private Banking in Belgium; 4. Including 2/3 of Private Banking in Belgium
The bank for a changing world
Third quarter 2022 results | 28View entire presentation