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BNP Paribas is one of the main banks in Europe and France. It was created 2000- 05-23 by the merger of Banque Nationale de Paris (BNP) and Paribas . Together with Société Générale and Crédit Lyonnais it is part of the "three old" banks of France.

It is part of the CAC 40 stock index.

1 History

BNP was created in 1966 by the merger of Banque Nationale du Commerce et de l'Industrie (BNCI) and Conservatoire Nationale d'Escompte de Paris (CNEP). BNP was privatised in 1993.

Originally the Compagnie Financière de Paris et des Pays-Bas (Finance Corporation of Paris and the Netherlands), the Compagnie Financière de Paribas became simply Paribas in 1998 after acquiring the Compagnie Bancaire.

In 1999 BNP and Société Générale fought a battle on the stock market over Paribas. Winning the fight, BNP merged with Paribas.

Until 2001, all Iraqi oil revenues from the Oil for Food programThe Oil for food program was established by the United Nations in 1996 to allow Iraq to sell oil on the world market in exchange for food, medicine and the like. The ostensible intent of the program was to help the Iraqi government provide for the needs o were held in an escrowEscrow is a legal arrangement whereby a thing (often money, but sometimes other property such as art, a deed of title, or software source code) is delivered to a third party (called an escrow agent) to be held in trust pending a contigency or the fulfullm account run solely by BNP Paribas. Later, the money was held by several unnamed international banks.

2 Activity

2.1 Some figures

BNP Paribas is the largest bank in the EurozoneThe Eurozone (also called Euro-area or Euroland is the subset of European Union member states which have adopted the Euro currency, creating a currency union. Countries with the Euro as currency Official members There are 12 members in the eurozone: Austr by maket capitalization and profit. It employs 87 000 people, of which 66 000 in Europe, and maintains a presence in 87 countries. The bank is active in the finance, investment and asset management markets.

In France, BNP Paribas is active in retail banking with 2200 offices.

2.2 Subsidiaries

Banque de Bretagne
CETELEM
CortalConsors
BNP Paribas Lease Group
Bank of the WestBank of the West is the fifth-largest general services bank headquartered in California. Bank of the West is a wholly-owned subsidiary of BNP Paribas with two principal subsidiaries: Bank of the West in the Western United States, and First Hawaiian Bank i
First Hawaiian Bank

3 See also

List of French companiesThis is a list of companies from France . See lists of companies for lists of companies from other countries. Accor AGF Air France Air Liquide Alcatel Alstom AOM Atari Axa BIC BNP Paribas Boursorama Bouygues Bugatti registered office located in France but
List of banksThis is a list of banks throughout the world. See also list of companies. Australia ANZ Adelaide Bank Bank of Queensland Bank of Western Australia Bendigo Bank Commonwealth Bank Community Bank Elders Rural Bank Macquarie Bank National Australia Bank St.

4 External links

BNP Paribas' website

Banks of France Oil for Food

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Topics: BNP Paribas Bnp Banks France Bank Paris Oil Banque Compagnie...

BNPBNP may be: British National Party, a right-wing British political party Banque Nationale de Paris also known as BNP Paribas, a French bank. Bangladesh Nationalist Party, a Bangladeshi political party.

BNP ParibasBNP Paribas is one of the main banks in Europe and France. It was created 2000- 05-23 by the merger of Banque Nationale de Paris (BNP) and Paribas. Together with Societe Generale and Credit Lyonnais it is part of the "three old" banks of France. It is par

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