BNP Paribas Group: Release of the EU-wide Stress Test results by European Banking Authority
Paris, 28 July 2023
Release of the EU-wide Stress Test results by
European Banking Authority
On 28 July 2023, the European Banking Authority (EBA) published the results of the EU-wide Stress Test carried out jointly with the European Central Bank (ECB). This exercise covered the 70 most important banks of the European Union (versus 50 in 2021). The exercise is conducted every two years, with the exception of the 2020 exercise stopped due to the health crisis.
The stress test results demonstrate BNP Paribas’ capacity to withstand a scenario of major stress based on extremely severe assumptions of economic and market conditions evolutions.
The results of this thorough exercise conducted by EBA and ECB confirm the Group’s balance sheet strength and the quality of its risk policy.
About BNP Paribas
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability.
Press contacts
Sandrine Romano – – +33 (0)6 71 18 23 05
Hacina Habchi – - +33 (0)7 61 97 65 20
Attachment
