BNP Paribas Sees Uptick for Its 2020 Targets

The transcript discusses BNP Paribas' performance and strategies amid challenging market conditions. It highlights solid results due to a favorable economic environment in Europe and outlines the company's transformation plan. The CIB business is diversified, focusing on corporate banking, security services, and global markets. Despite market volatility, BNP Paribas remains optimistic about growth, particularly in French retail and domestic markets. The company is cautious about cryptocurrencies but actively uses blockchain technology. Dividend policy maintains a 50% payout, balancing growth and shareholder returns. The focus is on expanding market share and pursuing small, complementary acquisitions.

What was the company's target growth percentage for 2020?

• 15%

• 5%

• 10%

• 20%

How did the company describe its CIB business?

• Unpredictable

• Struggling

• Diversified

• Narrow and focused

What was the growth rate of loans in the French retail market in 2017?

• 5%

• 8%

• 12%

• 10%

What is the company's stance on cryptocurrencies?

• Planning to launch its own cryptocurrency

• Using them for security

• Staying away due to lack of regulation

• Actively investing

What percentage of earnings does the company allocate to dividends?

• 25%

• 100%

• 50%

• 75%

What is the company's approach to acquisitions?

• Large-scale acquisitions

• No acquisitions

• Bolt-on acquisitions

• Aggressive expansion

How has the low interest rate environment affected the company's cost of risk?

• Increased it significantly

• Decreased it

• Had no effect

• Made it unpredictable