BNP Paribas Group in Germany
BNP Paribas is a global bank with four domestic markets in Europe: Belgium, France, Italy and Luxembourg. It is represented by 185,000 employees in 75 countries worldwide. The BNP Paribas Group has been active in Germany since 1947 and has successfully positioned itself on the market with 13 companies. Private customers, companies and institutions are looked after by roughly 5,000 employees at 19 locations all over the country. The wide-ranging products and services offered by BNP Paribas are almost identical to that of a universal bank.
Germany is a core market for the BNP Paribas Group as the targeted growth here is geared towards continuity and one of the cornerstones of BNP Paribas’ strategy for Europe. Its two main business activities, Retail Banking & Services and Corporate & Institutional Banking, ensure a balanced comprehensive income. BNP Paribas is a market leader in many areas or occupies key positions on the market. The Group is one of the best capitalised banks in the world and already meets the Basel III Accord’s requirements with its core capital ratio today.
Through the acquisition of DAB Bank the BNP Paribas Group strongly boosts its retail presence in Germany. With Consorsbank and DAB Bank, the Group ranks fifth digital bank in Germany serving 1.5 million clients.