Fidor Bank: Sale Off? Fidor Erases Hints of Ripplewood Deal

Fidor has not yet published financial statements for 2021. However, BPCE admits in its own annual report, that one had to form an additional $38.01 million (€38 million) of risk provisions at Fidor in the past year and also injected another $28.01 million (€28 million) of capital. All in all, the Fidor adventure has probably cost the BPCE Group a very, very roughly estimated half a billion euros so far.