BNP Paribas’ custody down compared to previous year
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BNP Paribas’ custody down compared to previous year 06 February 2019Paris Reporter: Jenna Lomax
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BNP Paribas’ assets under custody stood at €9.3 trillion as at 31 December 2018, this was down 1.3 percent compared to the same time last year.
The bank revealed the results in its Q4 2018 result which further indicated its assets under administration stood at €2.3 trillion. This was a 0.6 percent increase from 21 December 2018.
The results also affirmed BNP Paribas had made 24 million transactions in Q4 2018. This was a 5.4 percent increase, compared to Q4 2017.
Overall, BNP Paribas’ securities services’ revenues stood at € 2.2 billion euros an increase of 10.1 percent compared to 2017.
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