2022 integrated report

Accelerating our transformation at scale with challenges of our time

Investment & Protection Services

Our Investment & Protection Services (IPS) division brings together our activities dedicated to protection, savings, investment and real estate services. It designs and deploys innovative and responsible products to support individuals, professionals, corporate clients and institutionals in their projects and their transition to a sustainable and inclusive economy.

As part of the GTS 2025 strategic plan, IPS aims to become a European reference in responsible protection, savings and investment. To this end, it is strengthening its range of services and solutions, and its distribution network and consolidating its leadership in social and environmental responsibility. It also strives to continue the digitalisation of its business lines and ensure that they are ever more agile, efficient and at the cutting edge of technology.

Leading wealth and asset management business lines
BNP Paribas Cardif

BNP Paribas Cardif designs, develops and markets, with more than 500 distributor partners, savings and protection offers to insure people, their projects and their assets. It helps its policyholders to carry out their projects while protecting them against the eventualities of life. As a player committed to its partners, their customers and society, BNP Paribas Cardif’s mission is to make insurance more accessible. As an investor, BNP Paribas Cardif contributes to giving meaning to the investments of policyholders and has set itself a target to devote an average of €1bn per year by 2025 to positive impact investments. The insurer has joined the Net-Zero Asset Owner Alliance and has committed to aligning its portfolios with a carbon neutrality trajectory by 2050.

A leader in the creditor insurance market, with a net income before tax of €1.4bn in 2022

BNP Paribas Wealth Management

BNP Paribas Wealth Management supports its client base of entrepreneurs, family offices and High Net Worth Individuals in their wealth management and financing projects. In Europe, it is growing its wealth management business by leveraging on the Group’s Commercial, Personal Banking & Services network. In Asia, it relies on its historical presence and its Corporate & Institutional Banking activity to meet its clients’ most sophisticated needs. BNP Paribas Wealth Management continues to strengthen its digital solutions, and through an internal, robust and unique methodology (Clover Rating), it can identify and select responsible investments for its clients.

With €411bn in assets under management in 2022, BNP Paribas Wealth Management is a world-leading private bank and the leading private bank in the eurozone

BNP Paribas Asset Management

BNP Paribas Asset Management provides in-vestment solutions to individual savers, cor-porate clients and institutional investors and offers specific expertise: active, high-conviction strategies, emerging markets, multi-asset in-vestments, private debt and liquidity solutions. As a signatory of the Net Zero Asset Managers initiative, BNP Paribas Asset Management is committed to a trajectory of carbon neutrality for its investments by 2050.

The Group’s aim is to become a leading European player in the field of private asset management. To this end, in January 2023, BNP Paribas created a Private Assets group within BNP Paribas Asset Management, that pools its private asset management activities together.