Total equity of BNP Paribas Fortis 2014-2023

The total equity of BNP Paribas Fortis Group increased overall between 2014 and 2023. BNP Paribas Fortis is BNP Paribas' Belgian subsidiary. In 2023, the equity held by Belgium-based bank BNP Paribas Fortis reached a total of approximately 31.2 billion euros. This is an increase compared to the number reached in the previous year.
The banking sector in Belgium has two important characteristics. First, banking is deemed an important part of Belgian culture with a relatively high number of bank offices in the country. In 2022, for example, the total number of offices of banks established in Belgium reached 2,487 in the Flanders region. Second, the Belgian banking landscape has the presence of several big non-Belgian banking concerns, notably Dutch bank ING and France-based BNP Paribas. In 2023, BNP Paribas Fortis, BNP Paribas' Belgian daughter, reached a phased-in Common Equity Tier 1 (CET 1) ratio of approximately 16.2 percent.