BNP Paribas BP lender back on lending growth path, counts on improvement in F&C income

"The quarter showed that we have caught the wind in our sails. Our lending volumes increased in all segments in which we operate, representing a 2.4 percent increase for the bank as a whole. The growth is interesting and fills us with optimism," CEO Gdanski said.

"We are looking to the future with optimism; it seems that our country's economy will continue to grow at a good pace," he added.

In the third quarter of 2025, the value of gross customer loans at BNP Paribas BP increased 2.0 percent year on year and by 2.4 percent on the quarterly basis to PLN 91.4 billion (EUR 21.5 bln).

The value of the retail loan portfolio amounted to PLN 33.8 billion (EUR 7.94 bln), up 1.8 percent year on year and up 3.1 percent quarter on quarter, while the institutional loan portfolio reached PLN 57.6 billion (EUR 13.5 bln), up 2.4 percent on the annual basis and up 2.1 percent in quarterly terms.

Mortgage loan sales in the third quarter stood at PLN 1.5 billion (EUR 352.35 mln), an increase of 359.5 percent year on year, and cash loan sales amounted to PLN 1.2 billion (EUR 281.9 mln), up 28.2 percent year on year. The bank had previously significantly reduced its mortgage loan sales.

"We are not ceasing to be active in this market. (...) when it comes to this asset class, I am absolutely optimistic," Gdanski said in regard to mortgage sales.

BNP Paribas BP's CEO announced that the bank continued to ‘clean up’ its retail customer base and that this process would continue in the fourth quarter.

"However, we plan to complete it this year, i.e. remove from our systems those records that show no activity (...)," he said.

The bank's fee and commission income in the third quarter amounted to PLN 288.5 million (EUR 67.8 mln), 8.8 percent below the market expectations. The F&C income fell by 7.3 percent year on year and by 12.1 percent quarter on quarter.

BNP Paribas Bank Polski reported that the decline in quarterly F&C income was mainly due to lower commissions from lending activities, in the area of cards (settlements with card institutions affecting the result in the first half of the year) and insurance.

"The decline in fees and commissions is primarily due to the fact that there were no significant one-off events in the third quarter, which usually occur during the year," CEO Gdanski said.

"We are carefully monitoring this item, and I can assure you that we will work very hard to ensure that this quarter is a one-off weak quarter in terms of this particular result in the income statement," he added, stating that he does expect the lender to be on a negative trajectory in this category in subsequent periods.

BNP Paribas BP's deputy CEO Piotr Konieczny said that the bank's sensitivity to a 100-basis points decline in interest rates is approximately PLN 180 million (EUR 42.3 mln).

CEO Przemek Gdanski announced that the lender is finalising work on its new strategy for 2026-2030, which will be published on December 11, 2025.

seb/ ao/ han/