GROUPE BNP PARIBAS : 2nd quarter 2003 results
The Best NBI and GOI since the group was created.
Stable provisions.
Contribution of Non-operating items down 432 million euros.
Operating income: 1,457 million euros (+33.3%).
Net income group share: 902 million euros (-10.4%).
* In a still difficult economic and market environment, and despite the
adverse impact of the fall in the dollar, the Group posted very strong
operating performance compared to the second quarter 2002.
- Net banking income: 4,651 million euros (+12.6%), a record high in the
Group's history
- Gross operating income: 1,775 million euros (+24.9%), another record high
in the Group's history
- Operating income (after provisions): 1,457 million euros (+33.3%)
- Net income group share: 902 million euros, down 10.4% due to a weak
contribution of capital gains from securities and a one-off tax charge in
connection with the option to change the tax status of the Group's publicly
traded real-estate subsidiary.
* Retail Banking's businesses have continued to grow in volume and become
increasingly profitable.
* Asset Management and Services has continued to be affected by the level
of stock market prices, but substantially improved its results compared to
the first quarter of the year.
Corporate and Investment Banking again posted very strong revenues and
income and has confirmed its profitability as well as its competitiveness
compared to its international competitors.
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For further information, we invite you to go to :
- the BNP Paribas website : http://www.bnpparibas.com
- or directly to the BNP Paribas IR website :
http://www.invest.bnpparibas.com
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