BNP Paribas plans to raise the proportion of earnings it pays to shareholders through 2025, joining a cohort of European lenders in increasing shareholder returns after the European Central Bank lifted the restrictions on payouts it had imposed at the onset of the coronavirus pandemic.

The French bank said 8 February that it is targeting a payout ratio of 60% as part of its new plan from 2022 to 2025, including a minimum cash payout of 50%.