This announcement comes when the parent company, BNP Paribas, said a few hours earlier to record a record net profit of just over 10 billion euros in 2022.
MO12345LEMONDE WITH AFP
BNP Paribas plans to remove 921 positions in France on the 5,142 of its subsidiary dedicated to consumer credit, BNP Paribas Personal Finance, several union sources said on Tuesday 7 February. These job cuts will be made without a constrained departure, specifies the bank.
The essential (just over 700) will be concentrated in so -called functional services (finance, computer, marketing …), the rest in operational services (call centers, co -teacher agencies, etc.), specifies one of the union sources.
The subsidiary “has built a strategic transformation project to stimulate growth and profitability, and guarantee the sustainability of its model,” said the bank in a press release. She ensures that she will grant “the greatest respect for the information and consultation process” of union elected officials, without making comments on discussions “that have just started”.
10 billion euros in net profit in 2022 2>
BNP Paribas Personal Finance, entity dedicated to consumer credit in France has been negatively assigned by the return of inflation. “It is a profession which has a great future” but which undergoes the consequences of “the very brutal rise in rates” and must therefore “adapt”, reacted on BFM Business the deputy general manager of BNP Paribas Thierry Laborde.
We “will find elements of development in the future”, he said, “but, by then, it is necessary (that this profession) manages its adaptation, so there is a voluntary departure plan which is being negotiated with the social partners “. This consultation period should last four months. “Strategic reflections” had already been presented to the social partners before Christmas.
The profession of consumer credit in store had already suffered heavily from confinements during the COVVI-19 pandemic. And the postponement of the purchase of certain goods on the Internet does not necessarily benefit the historical players of this profession, competed by start-ups like Alma or Younited. The reimbursement capacity of borrowers, whose budget is increasingly tight by the rise in prices, can also invite the caution of banks on this market.
This announcement comes when the parent company, BNP Paribas, said a few hours earlier to record a record net profit of just over 10 billion euros in 2022, thus displaying brilliant health.
€ 10.2 billion: BNP Paribas signs a record year with a profit and
“C’est la première fois historiquement que… https://t.co/8GLp295xwH