BNP Paribas CFO Sees Good Client Liquidity Despite Tariff Chaos

BNP Paribas SA Chief Financial Officer Lars Machenil said the companies he works with haven’t been racing to tap credit lines, indicating that the risk of a cash crunch for the economy is remote.

If corporate clients “all of a sudden come rushing in with liquidity demands,” that would be a worrisome development, Machenil said in a Bloomberg TV interview on Thursday. “I don’t see that.”

The comments from one of Europe’s largest lenders indicate that the bloc’s companies aren’t currently at risk of a credit crunch despite the uncertainty and volatility triggered by the ...