Business Study Resources – BNP Paribas
BNP Paribas is an international banking group with a presence in 75 countries. It is listed on the First Market of Euronext Paris and is included in the CAC 40 index. At 31 December 2016, net income attributable to equity holders was EUR7,702 million.
BNP Paribas is one of the largest banks in the world. The bank serves more than 30 million customers between its retail banking networks in its four domestic markets, France, Belgium, Italy and Luxembourg, through several brands such as BNL, BGL BNP Paribas or BNP Paribas Fortis.
The retail bank also operates in the Mediterranean region and in the west of the United States.
It was formed through the merger of Banque Nationale de Paris (BNP) and Paribas (see below for name origin) in 2000. The company is a component of the Euro Stoxx 50 stock market index.
Its Corporate & Institutional Banking and International Financial Services businesses for corporate and institutional clients are leaders in Europe, significant players in the Americas and growing strongly in the Asia-Pacific region.