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Risk Quantum Banks

La Banque Postale trades cash for HQLAs as liquidity mix shifts

€15bn drop in reserves offset by surge in securities holdings

La Banque Postale has significantly restructured its liquidity buffer over the past year, cutting cash and central bank deposits while increasing holdings of high-quality liquid assets (HQLAs), Risk Quantum analysis shows.

At end-2025, cash and central bank reserves stood at €10.7 billion ($12.5 billion), down €15.1 billion, or 58.5%, from €25.8 billion a year earlier. Over the same period, HQLA

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