Retail banking performance improves Groupe BPCE cost of risk

- By Alessandro Aimone
- @aimoneale
- 18 May 2018

French bank Groupe BPCE cut its cost of risk by €107 million ($126 million) in the first quarter of 2018, indicating an improvement in the quality of its loan book.

The French bank posted a total cost of risk – annualised net impairment provisions divided by gross loans outstanding – of €259 million at the end of March, a 29% decline from the same period a year ago when loan charges amounted to

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