BNP Paribas logo is seen in this illustration taken December 3, 2025. REUTERS
June 1 (Reuters) – BNP Paribas raised profitability targets for its commercial and personal banking business in Belgium on Monday, aiming for a pre-tax return on equity of 22% in 2028 and 25% in 2030, compared with 13.6% last year.
The Belgian unit is expected to contribute 0.5% of the French lender’s ROTE by 2028, compared with 0.3% previously. BNP Paribas group’s ROTE trajectory remains on track to exceed 13% by 2028, it said.
Here are some of the other targets for the Belgian unit:
-
Average yearly revenue growth of 9% between 2025 and 2028, driven primarily by net interest income
-
Cost-income ratio of around 59% by 2028, an improvement of around 10 percentage points
-
Annual loans and deposits growth of around 2% on average from 2025 to 2028, with a stable deposit mix
Reporting by Lucie Barbier, editing by Milla Nissi-Prussak
