The French banking group reported a strong performance from its CIB division during Q4 2024.

BNP Paribas has posted group revenues of €12.1 billion (US$12.5 billion) for the fourth quarter of 2024, up by 10.8% compared to the prior year quarter. CIB had an impressive quarter driven by the strong performance of the three business lines - Lars Machenil, CFO Revenues were boosted by a strong quarter for the corporate & institutional banking (CIB) division – up 20.1% year-on-year (YoY) – due to the combined effect of good performances in global banking, securit