2023 – 2026 strategic plan

A clear strategy for a sustainable future

The Group has a clearly defined strategy to be a rock solid bank with strong and sustainable performance that contributes to fulfilling the UN's Sustainable Development Goals. Strengthening the Group’s robustness is a priority with a focus on structurally improving operational efficiency and profitability and increasing capital. Based on a simplified and synergised model, the objective is also to develop sustainable and profitable activities, bolstering the value proposition for clients and in particular, contributing to energy, environmental and social transition. 

Group priorities

Be a rock-solid bank

• Enhance our stewardship of capital
• Simplify our business portfolio
• Improve our operational efficiency
• Maintain our best-in-class risk management

Develop sustainable and high-performance businesses

• Excel at what we do
• Key player in ESG
• Reinforce our culture of performance and responsibility

Our financial and extra financial targets by the end of 2026

• CET 1 ratio of 13% (according to Basel IV)
• Average annual revenue growth of 0%-2% between 2022 and 2026
• Cost/income ratio of less than 60%
• Return on tangible equity (ROTE) of between 9% and 10%
• 80% reduction in the Oil and Gas sector by 2030 (vs 2019), including a 50% reduction by 2025
• Launch of a €1 billion investment fund to support the transition
• Over 35% of senior leadership roles worldwide held by women by 2026