BNP Paribas Bank Final

7/30/2019 BNP Paribas Bank Final

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COMPANY OVERVIEW

BNP Paribas is a leader in banking and financial services in Europe. The three main

activities of BNP Paribas are complementary, providing strategic strength and assuring

the bank financial solidity:

Retail Banking

Investment Solutions

Corporate & Investment Banking.

It also focuses on international retail banking, specialized financial services, private

banking, asset management, and insurance services. The bank is part of the BNP

Paribas Group, which is one of the strongest banks in the world as rated by Standard &

Poors and has a presence in more than 80 countries with more than 200,000

employees, half of which are based in its four domestic markets: Belgium, France, Italy

and Luxembourg. By placing the customer firmly at the heart of its operations, the bank

for a changing world has positioned itself as a responsible company at the service of its

customers. It defines itself through its rigorous approach to managing risk, its capacity

to adapt and its ability to innovate.

The registered office is located at 16 Boulevard des Italiens 75009 Paris, France.


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KEY FACTS

BUSINESS DESCRIPTION

BNP Paribas is a leading financial organization. It operates through three core

businesses: corporate and investment banking, retail banking, and asset managementand services in almost 85 countries in the world.

The corporate and investment banking division offers advisory services for mergers and

acquisitions and primary equity market transactions through its subsidiaries, one of

them being BancWest Corporation. It is also engaged in designing and structuring a

range of financing arrangements, including syndicated loans, acquisition financing, LBO

financing, project financing, optimization and asset financing, media and

telecommunications financing, marine financing and aircraft financing.

The retail banking division offers a line of products and services ranging from current

account services to complex financial engineering services in the areas of corporate

financing and asset management.


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The asset management and services division offers a range of products and services

tailored to the financial and wealth management needs of a private clientele through its

subsidiary, BNP Paribas Asset Management. Its approach is heavily weighted towards

advisory services and personalized management. Securities services specializes in

securities services for companies and financial institutions, including banks, brokerage

houses, pension funds, asset managers and insurance companies.

In addition, the BNP Paribas Capital unit, a subsidiary, spearheads the private equity

business. BNP Paribas also offers a range of property-related products and services in

France and has teams who specialize in managing portfolios of quoted stocks and

sovereign risks.


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HISTORY

BNP Paribas was created in August 1999 through the merger of Banque Nationale de

Paris and Paribas. The bank strengthened its position as a custodian bank through the

acquisition of the securities division of AXA Banque in the same year.

In 2000 BNP Paribas completely reorganized its Spanish market by selling off a number

of unprofitable branches and consolidating others. This restructuring allowed the group

enough finance to launch Global Risk solutions, another subsidiary of the new

company, which was designed to aid its own subsidiaries and other companies in

decision making within the global marketplace.

In 2001 BNP Paribas Asset Management acquired a majority stake of Overlay Asset

Management, a company incorporated in France, specializing in Currency Overlay.

Later in that year, BNP Paribas spent $2.4 billion on buying the 55% of BancWest.

During April 2002, BNP Paribas completed the $2.4 billion acquisition of United

California Bank (UCB). In the same year, BNP Paribas acquired Cogent, the UK

investment administration arm of AMP, the Australian based financial services group.

In late 2003, BNP Paribas Peregrine launched a China investment banking business; a

joint venture with Wuhan based Changjiang Securities.

In January 2004 Arval PHH, BNP Paribas car rental services subsidiary, acquired

100% of Arma, a company which provides long-term car fleet leasing services, with its

main activity in the Netherlands. In March 2004, BancWest Corporation, a wholly owned

subsidiary of BNP Paribas, acquired Community First Bankshares, a Nasdaq listed

company in Western US. BancWest agreed to acquire Union Safe Deposit Bank, the

next month.


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February 2005 saw the company acquire 50% of the holding company which controls

the bank Turk Ekonomi Bankasi (TEB). In the following month, Atisreal UK, a BNP

Paribas subsidiary, acquired part of the former Chesterton business. In April 2005, ABN

AMRO and BNP Paribas announced that they had entered into an agreement whereby

BNP Paribas Private Bank would acquire Nachenius, Tjeenk, an exclusive Dutch private

bank, from ABN AMRO. In the very next month, the company acquired the Asia Pacific

equity execution business of Calyon, Credit Agricole Groups corporate and investment

bank. In June 2005, BNP Paribas purchased Commercial Federal for $1.36 billion, in

order to reinforce its presence in the western US market.

MAJOR PRODUCTS AND SERVICES

BNP Paribas is a banking company with corporate, retail, and investment banking

operations.

The companys products and services are categorized under the following different

segments:

Corporate and investment banking:

Advisory and capital markets

Corporate finance

Equities

Fixed income

Specialized financing

Structured finance

Export financing

Commodities financing

Project finance


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Retail banking:

Retail banking

Consumer finance

Asset finance

Mortgage financing

Business equipment management

Asset management and services:

Institutional and private asset management services

Insurance

Global securities services

Real estate services

SWOT ANALYSIS

BNP Paribas is Frances largest listed banking group, ranking first in France in terms of

net income and fourth in Europe for stockholder equity. The bank has a global presence

that helps it reduce the exposure to the vagaries of the economic conditions of any one

country. However, it is threatened by the adoption of the Basel II norms that will result in

increased compliance cost for the company.


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Strengths

Global presence

BNP Paribas is one of the largest financial services institutions and operates from about200 offices worldwide. Apart from France and other European countries the company

also operates in countries like the US, Canada, Australia, Brazil, China, Japan, Egypt,

Algeria and India. The benefit of having operations worldwide is two fold. One, that the

company would not have to incur the establishment costs of setting up its services if it

finds business prospects in any of these countries and two, that the company would not

be exposed to the vagaries of the economic conditions of any one country of operations.

Wide array of services

BNP Paribas provides its customers with a wide array of services that ranges from

corporate finance, export financing and advisory services to retail banking, mortgage

financing, institutional and private asset management services. Such a wide array of

services insulates the performance of the company from revenues generated by anyone

service thereby assuring a relatively stable top line for the company. In addition, it also

provides the company with access to a wider end market and enhanced crossselling

opportunities.

Strong market position

BNP Paribas enjoys a strong market position. It is one of the largest banks in Europe in

terms of market capitalization. BNP is one of the top 15 players in merger and

acquisition transactions in Europe, being ranked number 13 among European players in

terms of transaction volumes and number 11 as adviser to companies considering a

merger or acquisition. It is also a leading player in France and Europe as a whole for

primary equity business, holding the eighth spot in Europe and the top slot in France. Its

French retail banking segment is one of the most popular retail banking networks. Such

a strong market position enhances the companys bargaining leverage and gives it a

competitive advantage as against its peers in the industry.


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Weaknesses

Decline in interest income

BNP Paribas has witnessed a considerable decline in its interest income. Interestincome forms a major portion of the total revenue earned by any financial institution. In

the case of BNP it forms about 63.9% of the total revenue earned in fiscal 2004. The

company has witnessed a decline of about 8.1% (CAGR) in the 2000-04 period.

Although there was a marginal rise of 4.3% in fiscal 2004, interest income earned by the

company has not been able to come up to the 2000 level. If this trend in decline

continues, the company may have to bear an adverse impact on its top line growth.

High proportion of NPLs

The amount of non-performing loans (NPLs) that the company has as a proportion to its

loans is higher than many of its peers in the industry. In fiscal 2004, gross NPLs formed

6.3% of the total loans for the company. This proportion was much higher for the bank

as against some of its closest competitors like ABN AMRO Holdings (2.9%), Barclays

(2.3%) and Credit Suisse (4.8%). Such a high proportion of NPLs will not only

negatively impact the return generated by the company on its assets but would also

hamper the confidence of its shareholders.

Low growth in revenues

The company has posted a slower growth rate in its revenues as compared to some its

closest competitors operating in the European banking industry. In fiscal 2004, the

company achieved a growth of only about 6.9% in its revenues, whereas, some its

major competitors like UBS, Standard Chartered and HSBC Holdings achieved a growth

rate of about 25%, 27% and 23%, respectively. If the company continues to derive lower

growth rate in its revenues as compared to its peers in the industry it may result in a

loss of market share.


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Opportunities

Acquisition of FundQuest

In June 2005, BNP Paribas became a leading global player in open architecture with theacquisition of FundQuest in the US. BNP Paribas Asset Management has reached an

agreement to acquire US based, FundQuest, with $10 billion in assets under

management and administration. BNP will use FundQuest as its global brand for wealth

management solutions in open architecture in the US and Europe. Massachusetts

based FundQuest, provides a range of wealth management solutions to more than 60

financial institutions, mainly banks and insurance broker-dealers. This acquisition is a

strategic opportunity for BNP Paribas and FundQuest to become an integrated global

market leader that uses open architecture to deliver wealth management solutions for

institutions and advisors. In the US, BNP Paribas will make a major move in managed

accounts, a segment of the US investment industry with strong growth potential. In

Europe, FundQuest will join forces with Cortal Consors Fund Management (CFM), a

fully-owned subsidiary of BNP Paribas and a European leader in open architecture and

investment advisory services with $18 billion under management and advisory. CFMs

existing multi-management solutions will be combined with FundQuests expertise in

managed accounts to create a global leader with nearly $30 billion under management

and administration.


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Increasing demand for private banking services

Improved global outlook and strong performance of capital markets has resulted in

strong demand for private banking services. This is evident from the growth in the

number of high net worth individuals (HNWIs) (individuals with a net worth of at least US

E1 million), which grew by 7.3% in 2004 to reach 8.3 million, an addition of 600,000.

Asia-Pacific has witnessed one of the highest growth rates (over 8%) during 2004,

which was almost twice as higher than Europe. Singapore, Hong Kong, Australia and

India have seen highest rates of HNWI population growth. Global high net worth wealth

is projected to grow at a CAGR of 6.5% over the next five years, reaching E42.2 trillion

by 2009. Since BNP has wide spread operations in almost all of the countries

mentioned above, this trend is expected to boost the companys wealth managementservices.

Emerging retirement market

The retirement market presents a key growth opportunity for financial service institutions

as government support of pension plans weakens. Insurance firms and banks are well

positioned to benefit and are investing heavily to pursue this segment more vigorously.

The responsibility of providing income for retirement is shifting from the state to theindividual in most parts of the world. Pensions make up an average of 21% of public

spending in European Union countries. The long-term savings market in Europe is

predicted to be worth about E26 trillion by the end of 2010, compared with E12 trillion in

1999. The life insurance market in the UK is also forecast to increase by 6.6% over the

forecasted period, to reach a value of 38.4 billion (approximately E56.6 billion) in 2008

(as of December 2004). BNP provides a wide range of products including personal

financial services, pensions, insurance and investment products. The positive outlook

for the long term savings market would provide the company with the opportunity to

increase revenues from the personal financial services, retirement, insurance, and

investment offerings.


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Threats

Basel II Accord

The goal of the Basel II Accord is to better align regulatory capital measures with abanks inherent risk profile based on credit, market and operational risks. The Accord is

an outcome of more than five years of work by the Basel Committee against a backdrop

of intense deliberations and dialogue within the banking industry, and among regulators

around specific rules. The Basel II Capital Accord requires banks to assess the risk in

each area of their business and set aside adequate regulatory capital. Complying with

Basel II qualification standards requires a significant history of consistent, accurate and

granular data within the credit management information systems. Due to this, the cost of

compliance has become a heavy burden on banks. In a survey conducted in 2004,

financial firms ranked compliance as their most critical spending issue. High compliance

costs would pull down the margins of banks such as BNP and adversely affect their

overall profitability.

Consolidation in the financial services industry

In recent years, there has been substantial consolidation and convergence among

companies in the financial services industry. In particular, a number of large commercial

banks, insurance companies and other broad-based financial services firms have

established or acquired broker-dealers or have merged with other financial institutions in

Europe and overseas. While the traditional reasons for mergers achieving scale and

building market share are still valid, todays mergers are likely to be driven by reasons

that go beyond sheer increases in size. In many cases, banks are now pursuing deals

that will fill in gaps in product lineups and broaden geographic coverage in current

markets as well as enter new markets. Banks are also seeking to balance the more

volatile areas of their business such as investment banking with more stable revenue

streams provided by retail banking.


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Bank of Americas E47 billion purchase of FleetBoston; JPMorgan Chases E58 billion

acquisition of Bank One; and Mitsubishi Tokyo Financial Groups interest in the retail

operations of UFJ Holdings highlight these trends. Through such business alliances and

consolidations, these organizations have attained ability to supplement their investment

banking and securities business with commercial banking, insurance and other financial

services revenues. This has greatly increased competition for banks like BNP Paribas,

which may adversely affect its market share.

IFRS Accounting

From January 2005, all European Union member countries and Australia will have to

report their financial results according to the International Financial Reporting

Standards. As per these guideline banks will have to measure more of their exposures

using fair value (ie market value) techniques. These guidelines also restrict banks in

their use of hedge accounting. Whilst this should make their accounts far more

transparent, these changes will result in increased earnings volatility, and could

significantly impact companies like BNP Paribas.


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TOP COMPETITORS

The following companies are the major competitors of BNP Paribas Group:

ABN AMRO Holding N.V. Allied Irish Banks, p.l.c.

Bank of America Corporation

Barclays PLC

Credit Agricole, S.A.

Fortis

Socit Gnrale

Standard Chartered PLC SunTrust Banks, Inc.

Wells Fargo & Company

The Toronto-Dominion Bank

Canadian Imperial Bank of Commerce

KBC Bank and Insurance Holding Company NV

Citigroup Inc.

HSBC Holdings plc

National Australia Bank Group Limited

Credit Suisse Group

Deutsche Bank AG

ING Groep N.V.

MBNA Corporation

UBS AG

TD Waterhouse Group, Inc.


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BNP Paribas Corporate and Investment Banking

BNP Paribas Corporate and Investment Banking (BNP Paribas CIB) had already begun

adapting to this new environment by monitoring both its capital and liquidity

requirements ahead of its competitors. The events of 2011 accelerated BNP Paribas

CIBs process of reducing its US dollar funding needs and its risk-weighted assets and

BNP Paribas CIB is well on target to reach these goals by the end of 2012. Faced with

such important structural changes, BNP Paribas CIB is adapting its business-model so

that it can continue to maximise value creation both for its clients and for the Group. For

instance, with increased capital buffers and regulatory constraints on liquidity,

disintermediation will play a larger role in the financial markets going forward. BNP

Paribas CIB is well-positioned to leverage its strong European investment bankingfranchise and world-wide distribution platform to help clients seize opportunities in these

changing, disintermediated markets. BNP Paribas CIB will continue to focus on those

important growth markets such as Asia-Pacific where macro-economic perspectives are

strong and that have strategic importance for its European clientele. BNP Paribas CIB

will capitalise on its global flow banking platform to bring to its clients around the world

the services they need. Over the years, BNP Paribas CIB has built its success on its

client-centric business model, combining a competitive capital markets franchise with a

strong financing platform in selected areas of expertise. At this critical juncture, BNP

Paribas CIB will adapt its business model to remain sustainable and competitive in the

new banking environment where it can continue to serve clients and meet their needs.

BNP Paribas Corporate & Investment Banking (CIB)

BNP Paribas Corporate & Investment Banking (CIB) provides to its clients financing,

advisory and capital markets services. It is a globally recognised leader in many areas

of expertise including among others structured financing and derivatives across a

variety of asset classes. CIB also has a solid corporate advisory franchise in Europe

and Asia.

The firm is divided into 6 key business areas:
http://cib.bnpparibas.com/http://cib.bnpparibas.com/


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Fixed Income: BNP Paribas' fixed income team helps companies hedge their

exposure to foreign exchange, interest rate, and credit risks, primarily though the

structuring and sale of derivative products such as interest rate and foreign exchange

swaps, foreign exchange options and credit derivatives. It also trades in these markets

on behalf of clients or for its own proprietary account. On an average day, a quarter of a

trillion dollars in fixed income instruments are traded at BNP Paribas Americas fixed

income trading floor located just blocks from the NASDAQ MarketSite in Manhattan,

New York City.[21][22]

Equity & Derivatives: BNP Paribas' Equity & Derivatives team helps companies

manage their risks and investment portfolios with equity derivatives such as options,

futures, and swaps, as well as highly complex, customized solutions such as structuredproducts. It also trades in these markets on behalf of clients or for its own proprietary

account.

Commodity Derivatives: BNP Paribas' Commodity Derivatives team helps

clients hedge their exposure to commodity risk though the structuring and sale of

commodity futures and OTC commodity swaps. It also trades in these markets on

behalf of its clients orproprietary account.

Investment Banking: BNP Paribas' Corporate Finance team performs most of

the traditional investment banking functions of the group including mergers and

acquisitions advisory, and equity raising operations such as Initial Public Offerings

(IPOs), rights issues, and convertible bond issues.

Structured Finance: BNP Paribas' Structured Finance group offers clients

project finance solutions, export financing, syndicated loans, and financing for

acquisitions and leveraged buyouts.

Corporate & Transaction Group: BNP Paribas' Corporate and Transaction

group offers clients simplified flow banking services including trade finance, international

cash management, and basic hedging solutions.
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In 2009 BNP CIB earned 12.2billion in revenue (30% of total group's), 4.4 billion in

pre-tax income (48.9% of total group's), and 18,000 employees (9.0% of total group's

headcount.)

Drawing on a Client-Focused Business Model

CIBs clients are central to their business model. These include corporations, financial

institutions and investment funds.

CIB aims to develop long-term relationships with its clients and accompany them

throughout their business and investment strategies. CIB is there to provide them with

the financing, advisory and risk management solutions they need in order to help them

move forward into the future with confidence.

Adapting Global Solutions to Suit Local Conditions

Present across all continents, CIB constantly adapts its solutions to suit local

conditions, all by relying on its global perspective and pioneering spirit. As an

integral part of a robust, well-known Group, CIB continues to demonstrate its ability to

adapt to todays economic challenges .

CIB strengthened its European leadership and further developed its international

activities. It consolidated its role as a European partner of choice for many corporates

and financial institutions worldwide.

CIBs success continues to prove its capacity to manage complex challenges, thereby

ensuring its growth and the growth of its clients.

Business Advantage

By relying on the combined Sybase/SAP Business Objects business intelligence

solution, BNP Paribas CIB now has a centralized view of global liquidity and treasury

activity so that senior management can manage risk more effectively in real time.


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Key Benefits

Ensures required reliability and security for risk management assessments

Guarantees higher analytical decision-making capacity capabilities for senior

management

Reduces business intelligence storage requirements by 75 percent

Completes critical reports in three seconds rather than 30 minutes required by

previous system

Reduces system maintenance support costs

BNP PARIBAS PRINCIPAL INVESTMENTS

BNP Paribas Principal Investments manages the Groups portfolio of listed and unlisted

investments and emerging market sovereign debt.

Listed Investment Management

The Listed Investment Management unit acquires and manages minority interests in

listed companies on behalf of the Group. Investments are generally made in large caps

and the portfolio comprises mostly French companies. The units mission is to extract

the greatest possible value from its assets over the medium term.

Unlisted Investment Management

The Unlisted Investment Management unit manages the Groups portfolio of interests in

unlisted companies (direct and indirect through funds). It identifies and analyses

investment opportunities, structures transactions, manages investments with a view to

extracting value in the medium term and organises the disposal of mature investments.


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Emerging Market Sovereign Debt Management

The Sovereign Debt Management units role is to:

monitor, on the Groups behalf, restructurings of emerging market sovereign debtin default or of countries facing difficulties and take part in or chair specially-created

credit committees (London Club Committees);

manage the portfolio of emerging market sovereign debt housed in Principal

Investments with a view to extracting value in the medium term.


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BNP Paribas in India

BNP Paribas was one of the first banks

to start a dialogue with India in 1860

begining operations in Calcutta

(renamed Kolkata). In those days, the

Bank was known as the Comptoir

National d'Escompte de Paris (CNEP).

We have since then spread our

branches to eight key metros & mini

metros and widened and enriched our

product repertoire. Today, BNP Paribas is the second oldest foreign bank on the Indiansoil and is positioned amongst the leading corporate banks in India.

This historical association with India from her independence to liberalization has given

BNP Paribas an unparalleled experience of the Indian economy as we have witnessed

her grow at close quarters. Our integrity, consciousness and commitment to the

business in India has bailed us out of the cotton crisis' in 1865 and protected us from

crashing during the depression of 1929-32 and again during the Second World War in

1940, and finally kept us away from the infamous scam of 1992.

Today, many of India's top Corporates both domestic and multinationals bank on us to

meet their specialized corporate banking requirements. Besides, through our Private

Banking offer we have also built lasting relationships with select high networth

individuals in the country.

While we are proud of our deep-rooted history in this country and the strong

relationships that we have forged through our values we are continually changing to

proactively prepare for the challenges that lie ahead.


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Our goals

Becoming the preferred banker and a trusted partner of our customers.

Nurturing our employees with a rewarding and stimulating environment for

personal and professional experience.

Providing value consistently for our shareholders through profitable development

and management of risk inherent to our business activities.

Pledging ourselves to respect and maintain the highest standards of ethics and

good corporate citizenship.

Insisting on sustained quality by being a proactive, technology driven and

innovative bank.

Historical timeline of BNP Paribas in India

1860 - Comptoir National d'Escompte de Paris (CNEP) opens a branch in

Calcutta (now Kolkata) at Fairlie Place

1862 - The Bombay (now Mumbai) branch opened at Rampart Row

1890 - Governor General of India passes the CNEP Act VII of 1890

1924 - Mumbai branch shifts in to new premises at Bombay House

1948 - The Calcutta branch, which had been closed since 1903, re-opens 1953 - Mumbai branch moves in to its own home in the French Bank Building,

from where it operates to date

1960 - CNEP celebrates its centenary in India

1966 - CNEP and the BNCI merge giving birth to the BNP

1967 - Second branch opens in Kolkata at Posta Bazar

1968 - Branch network expands with new branches in Park Circus, Kolkata and

Kalbadevi in Mumbai

1984 - New Delhi branch opens

1995 - Bangalore and Pune branches open

1996 - Ahmedabad branch opens

1998 - Chennai branch opens


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2000 - The Bank celebrates 140 years in India and at BNP group level, becomes

BNP Paribas; Processing Centre set up in Mumbai to integrate all back office operations

2001 - A Memorandum of Understanding is signed between Cardif and State

Bank of India for a joint venture in life insurance

2005 - BNP Paribas India Solutions set up to provide off-shore IT solutions and

as a Business Process Outsourcing Centre

2007 - BNP Paribas picks up a stake in Geojit marking its foray into retail broking

o Second joint venture with Sundaram in the area of home loans

o Arval India commences operations

o Joint venture with SREI in the area of infrastructure equipment finance

2008 - BNP Paribas Securities India is set up

o BNP Paribas Real Estate comes into being

2009 - BNP Paribas increases stake in Geojit and company changes name to

Geojit BNP Paribas Financial Services

o BNP Paribas Sundaram Global Securities Operations and Sundaram BNP

Paribas and Services commence operations


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WOMEN CHANGING INDIA: A BNP PARIBAS PROJECT

On Wednesday 25 May at 7 pm, the Women Changing India exhibition sponsored

by BNP Paribas in collaboration with Magnum Photos will be inaugurated at

Fondazione Forma per la Fotografia in Milan.

The Women Changing India project is an initiative launched by the BNP Paribas

banking group to commemorate the 150 years it has operated in the country. During

2010 the exhibition toured five Indian cities: Mumbai, Delhi, Kochi, Chennai and

Calcutta. In 2011 BNP Paribas is bringing the exhibition to Europe, first in Milan, and

subsequently London, Brussels and Paris.

This exhibition features more than 130 pictures taken by 6 photographers of the

Magnum agency. Their assignment was to photograph, in its various forms, the strength

of Indian women who are able to change and transform the country.

The exhibition is accompanied by videos. Listening to the voices of the photographers

and their subjects enhances our perception of the exhibition.

This project and this exhibition therefore seek to show up widespread tired clichs and

present the face of the new and constantly changing India.Indian women have the

power to change their country and that is what they are doing.

"India's future is growing in the hands of women."

-Martine Franck

Women Changing India

From May 26th to June 19th 2011

Every day from 10 am to 8 pm

Thursdays and Fridays open until 10 pm. Closed on Mondays

Tickets: 7.50 euros Reductions 6 euros Schools 4 euros

Info: 02 58118067


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Bank of the Year: BNP Paribas

The past 12 months were hazardous for international banks. Market volatility and

economic uncertainty ran into transformational changes brought about by sweeping

regulatory change. One bank took some very early and courageous decisions, moved

aggressively to boost capital and liquidity, and cut risk-weighted assets at the same time

as it began executing on the first stages of a bold shift in its corporate and investment

bank strategy. BNP Paribas is IFRs Bank of the Year.


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WEALTH MANAGEMENT

Presence in India

BNP Paribas was one of the first banks to set up office in India in 1860 and it is thesecond oldest foreign bank on Indian soil. Today it has a nationwide presence across

eight cities. Many of India's leading companies trust us to meet their specialised banking

requirements. We provide them with sophisticated solutions in foreign exchange and

derivatives as well as hedging operations.

BNP Paribas Private Banking

Internationally, BNP Paribas has a long tradition in private banking: our expertise hasserved many entrepreneurs and has forged some very special relationships that have

endured over the years. Today, we manage over USD 175 billion in assets worldwide

a testimony of our clients' confidence in us.

We are a premier private banking service that offers wealth advisory services to

discerning customers who appreciate the need for personalised attention and expertise

in financial planning. BNP Paribas was among the first banks to introduce private

banking services in India, in 2000,. Over time, our focus on understanding clients'

financial ambitions has led to providing tailored solutions for them. Today, we are

positioned to provide a wide array of products and services, comparable to the best in

the world.

What We Can Do For You

We bring to the table a high level of personalised customer service, professional

guidance and comprehensive understanding of wealth advisory in India. You benefit

from the multidisciplinary skills of our teams handling multi-faceted investment avenues.

From expert advice on asset acquisition to portfolio advisory, BNP Paribas Private

Banking provides you with made-to-measure services designed to meet your

expectations in full.


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Responding To Your Needs with our Strengths

A comprehensive suite of products and services

Skilled and experienced teams

Global strengths: products, research & cross-border expertise

Dynamism in offering wealth advisory services

Partnership, not mere relationship with clients

Over the years, we have been serving wealth creation and investment needs of

individuals and families that include industrialists, entrepreneurs, businessmen,

professionals, senior executives and Non-Resident Indians.

Clients come to us with a unique set of opportunities and goals.

We work with them to understand their requirements in order to develop

appropriate solutions that are aligned to their objectives


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Bibliography

http://www.bnpparibas.co.in/en/introduction/activities.asp

http://www.bnpparibas.com/en/news/women-changing-india-bnp-paribas-project

http://cib.bnpparibas.com/News/page.aspx/14

http://online.wsj.com/article/SB10001424127887323894704578104210884592532.html

http://www.bnpparibas.com/en/about-us/core-businesses/corporate-investment-banking
http://www.bnpparibas.co.in/en/introduction/activities.asphttp://www.bnpparibas.co.in/en/introduction/activities.asphttp://www.bnpparibas.com/en/news/women-changing-india-bnp-paribas-projecthttp://www.bnpparibas.com/en/news/women-changing-india-bnp-paribas-projecthttp://cib.bnpparibas.com/News/page.aspx/14http://cib.bnpparibas.com/News/page.aspx/14http://online.wsj.com/article/SB10001424127887323894704578104210884592532.htmlhttp://online.wsj.com/article/SB10001424127887323894704578104210884592532.htmlhttp://www.bnpparibas.com/en/about-us/core-businesses/corporate-investment-bankinghttp://www.bnpparibas.com/en/about-us/core-businesses/corporate-investment-bankinghttp://www.bnpparibas.com/en/about-us/core-businesses/corporate-investment-bankinghttp://online.wsj.com/article/SB10001424127887323894704578104210884592532.htmlhttp://cib.bnpparibas.com/News/page.aspx/14http://www.bnpparibas.com/en/news/women-changing-india-bnp-paribas-projecthttp://www.bnpparibas.co.in/en/introduction/activities.asp

BNP Paribas Bank Final

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