BNP Paribas to Raise Core Capital Ratio Target to 13% by 2027
The French banking group plans to strengthen its Tier 1 capital position, aiming for a 13% ratio within three years.
Summary
No Summary provided as the original text is short
Terms & Concepts
Core Capital Ratio (Tier 1 Capital Ratio): A measure of a bank's financial strength, indicating the proportion of high-quality capital relative to its risk-weighted assets.