BNP Paribas is pleased to announce that on July 1st, 2008, Standard & Poor’s reaffirmed the AA+ rating with stable outlook. In its comments, the rating agency highlighted BNP Paribas’ “strong and highly diversified business profile; sound financial position, characterized…

BNP Paribas Corporate and Investment Banking (CIB) strengthens its organization to ensure optimal coverage for major corporate and institutional clients worldwide. The CIB division of BNP Paribas has withstood the crisis better than most of its competitors, largely due to…

Jean-Laurent Bonnafé is appointed Chief Operating OfficerJean Clamon is appointed Managing Director The BNP Paribas Board of Directors met on Tuesday, 1 July 2008 at a meeting chaired by Michel Pébereau. Upon a motion by Baudouin Prot, the Board decided…

EDF, the European leader in the energy sector, selected BNP Paribas – one of Europe’s major cash management players – to set up its SEPA Credit Transfer (SCT) payment system. Since 2 June 2008 these transactions have been completed using…

JAB Holdings BV is the Benckiser family’s investment arm (“Benckiser”), owning about 15% of the UK listed HPC player Reckitt Benckiser and 100% of the US based cosmetic player Coty Lancaster. Bally is a Swiss based luxury shoe and leather…

Innovation is a strong differentiation factor in the banking industry. It is the centre of the BNP Paribas strategy. Innovation, whether it is technological, financial, marketing or behavioural, means that the Group adapts rapidly to a continually changing environment in…

BNP Paribas is a partner of the social solidarity organisation ADIE (Association pour le Droit à l’Initiative Economique) in organising the 4th Microcredit Week from 3 to 7 June. This initiative introduces the unemployed and those on income support to…

BNP Paribas Lease Group, the European leader in leasing solutions for business and professional equipment, has entered into a new joint venture partnership with JCB, Europe’s leading construction and agricultural equipment manufacturer, to offer retail and wholesale financing solutions in…

QUARTERLY NET PROFIT CLOSE TO 2 BILLION EUROS • REVENUES €7,395MN (-10.0%/1Q07) (+6.9%/4Q07) • NET INCOME (group share) €1,981MN (-21.0%/1Q07) (X2/4Q07) • DIRECT IMPACT OF THE CRISIS YET AGAIN LIMITED COMPARED TO THE PEER GROUP: -€546MN compared to -€898MN in…

The International Retail Banking and Financial Services core business (IRFS) becomes BNP Paribas International Retail Services (IRS)and reinforces the integration of its businesses In less than five years, IRFS has doubled in size, both in terms of the number of…