Bred displays resilience with higher nbi despite a year marked by the health crisis
- Net banking income increases + 2.8 % (excluding non-recurring items)
- Growth in nbi in commercial banking france (+ 3.6 %) and the international division (+ 3.5 %)
- Outstanding loans to the french economy (+ 14.4 %)
- Excellent cost/income ratio of 60.1 %
- Gross operating profit up +2.8 %
- Stable cost on impaired outstandings
- Overall cost of risk doubled in anticipation of the economic impact of the crisis
- Net income of €270m
- Cet1 capital adequacy ratio reinforced to 17.3 %
- Shareholders’ equity of €5.0bn
