BNP Paribas Fortis prioritised its transaction banking activities in Belgium over the review period, focusing on the financial infrastructure supporting businesses and public institutions. Its work in this area reflected a broader emphasis on digitalisation and closer relationships with corporate clients.
The bank changed how its transaction banking business works in response to rising capital pressure from Basel IV, the latest global bank capital rules. Under its Corporate Banking 2030 strategic plan, the lender moved away from chasing net banking income and towards risk-adjusted profitability.
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