BNP Paribas SA (ENXTPA:BNP) will look for acquisitions. Jean-Laurent Bonnafe, Group Chief Executive Officer, said "We benefit from a unique positioning with strong and leading platforms and client franchises and shown track record of increase in market shares in key European businesses. So our priority will be to boost on organic growth.

This is what we do best with limited execution risk and immediate return on equity. Then we intend to do some targeted investments in technologies and innovative and sustainable business models, finally, potential bolt-on acquisition in priority sectors. So redeployment of the proceeds put BNP Paribas in a unique position to accelerate and step up long-term growth".