BNP Saw Pickup in Deposits Amid Flight to Quality, CFO Says

The video discusses BNP Paribas' strong performance in the last quarter, highlighting growth in revenues and equities despite a high base from the previous year. It covers the bank's provisions and positive outlook on the European economy, noting no expected recession and growth in commodities. The video also addresses recent banking sector turmoil, emphasizing BNP's stability and deposit inflows due to a 'flight to quality.' Lastly, it outlines BNP's strategic focus on organic growth within the Eurozone, using proceeds from the sale of Bank of the West.

What was the percentage increase in revenues for BNP Paribas' CIB sector in the last quarter?

• 2%

• 8%

• 4%

• 6%

How does BNP Paribas view the European economy in terms of growth?

• Some growth despite sluggishness

• No growth expected

• Rapid growth expected

• Recession is imminent

What is BNP Paribas' strategy for redeploying capital from the sale of Bank of the West?

• Organic growth in known sectors

• Acquiring new banks

• Investing in unknown sectors

• Expanding outside the Eurozone

How did BNP Paribas benefit from the situation at Credit Suisse?

• Increased loan approvals

• Higher deposit inflows

• Acquisition of Credit Suisse

• No impact observed

What is the main reason BNP Paribas is not interested in acquiring other banks?

• Saturated market

• Regulatory challenges

• Focus on organic growth

• Lack of funds