Investor Presentaiton
DM-Belgian Retail Banking- 2021
Good level of activity and strong rise in results
Continuation of the good business drive
•
Loans: +2.4% vs. 2020, increase in all customer segments
Deposits: +6.0% vs. 2020, increase in all customer segments
Acceleration in digital uses: almost 65 million1 monthly connections on the
mobile apps (+42.9% vs. 4Q20)
Steady increase in off-balance sheet savings: +11.3% vs. 31.12.20, driven
in particular by the favourable trend in mutual fund outstandings
Set up of the new commercial partnership with bpost
•
Closing in early January 2022 of the acquisition of the 50% of bpost Banque
shares, not yet held, together with a 7-year partnership to distribute financial
services within the network of post offices
Revenues²: €3,509m
(+2.2% vs. 2020)
Net interest income: -1.7%4, impact of the
low-interest-rate environment partly offset
by the strong contribution of specialised
subsidiaries and growth in lending activities
Fees: +12.0%, solid growth in all fees
Operating expenses²: €2,375m
(-1.4% vs. 2020)
Mutual fund outstandings
+17.5%
42.3
36.0
2020
€bn
2021
Gross Operating Income²
+10.8%
1,135
•
Impact of cost-reduction measures
and ongoing optimisation in the
branch network
1,024
Very positive jaws effect
(+3.6 pts)
€m
2020
2021
Pre-tax income³: €989m
(+29.8% vs. 2020)
1. Scope: individual, small business and private banking customers (BNP Paribas Fortis and Hello Bank!) on average in 4Q; 2. Including 100% of Belgian Private Banking; 3. Including 2/3 of Belgian Private Banking;
4. Non-recurring impact from 3Q21
BNP PARIBAS
The bank for a changing world
2021 Full Year Results | 20
|View entire presentation