2022 Full Year Results
IPS - Wealth & Asset Management¹ - 2022
Good performance of the activity
Wealth Management
•
•
Strong net asset inflows, especially in Commercial & Personal Banking
(particularly in France) and with high-net-worth clients
Good increase in loans outstanding (+4.2% vs. 2021) and in deposits
(+9.0% vs. 2021)
Asset Management
•
•
Good net asset inflows driven by net asset inflows into medium- and long-
term vehicles and into money-market funds, with a year-end rebound
Development of the responsible and sustainable investment range and
signing of an agreement² to acquire a majority stake in IWC, a specialist in
managing natural resources
Real Estate
Good performance in Investment Management, Property Management and
Advisory in France
Revenues: €3,896m
(+6.8% vs. 2021)
• Wealth Management: increase driven by
growth in net interest income
• Asset Management: very unfavourable impact
of the market environment
⚫ Principal Investments: strong growth
• Real Estate: increase driven by Property
Management and Investment Management
Operating expenses: €2,806m
(+4.6% vs. 2021)
Driven by business development at
Wealth Management and Real
Estate
◆ Acknowledged leadership
Outstanding Private Bank in
Europe³
Best Private Bank in Hong
Kong4
World's Best Private Bank
for Entrepreneurs5
Open funds classified Art.
8 or 96
Asset
Management
+8 pts
89%
81%
31.12.21
31.12.22
Pre-tax income: €1,244m
(+10.0% vs. 2021)
A smaller impact of capital gains on
sales in 2022 compared to 2021
1. Asset Management, Wealth Management, Real Estate and Principal Investments; 2. Upon customary conditions precedents; 3. Private Banker International Global Wealth Awards, 2022;
4. Asian Private Banker 2022; 5. Global Private Banking Innovation Awards 2022; 6. Assets under management of open funds distributed in Europe and classified Article 8 or Article 9 (SFRD)
BNP PARIBAS
The bank for a changing world
2022 Full Year Results | 46View entire presentation