BNP Paribas Boosted SRT Exposure by More Than 40% Last Year

BNP Paribas SA substantially ramped up reliance on significant risk transfers last year, underlining its role as one of the biggest issuers of the increasingly popular deals.

The French bank’s securitization exposure to originated synthetic SRTs in the non-trading book surged to €66.7 billion ($77.2 billion) last year from €46.5 billion at the end of 2024, according to its latest annual report. That’s an increase of 43%.