“Market Cap $98.61 B As of May 2014
At a Glance
- Industry: Major Banks
- Founded: 1848
- Country: France
- CEO: Jean-Laurent Bonnafe
- Website: www.bnpparibas.com
- Employees: 184,545
- Sales: $123.2 B
- Headquarters: Paris
#24 Global 2000
- #36 in Sales
- #90 in Profit
- #4 in Assets
- #71 in Market value
BNP Paribas SA is engaged in the provision of banking and financial services. It operates through the following segments: Retail Banking, Investment Solutions, and Corporate and Investment Banking. The Retail Banking segment includes the operation of the company’s retail banks in France, Italy, Belgium, Luxembourg and other countries outside Europe; personal finance; equipment solutions; and personal investors. The Investment Solutions segment involves asset management, private banking, and securities, insurance and real estate services. The Corporate and Investment Banking segment provides fixed, corporate and structures finance services, equity and commodity derivative products, and corporate and transaction banking. The company was founded on May 26, 1966 and is headquartered in Paris, France.“
“BNL: 100 YEARS OF HISTORY
A 100-year anniversary provides an opportunity for self-reflection, a chance to look back over one’s own history and to set the course for the future. As a bank, we support the country and the real economy, assisting families and companies responsibly, and work together to build a sustainable tomorrow.
Fabio Gallia, CEO and General Manager of BNL
BNL has been one of the main architects of Italy’s development throughout the 20th century, from financing large infrastructure projects to supporting artisans, small businesses and larger companies achieve their goals to expand, modernise or enter foreign markets.
Over the past 100 years, the history of BNL has closely intertwined with the history of Italy and Europe at large, from two wars to a dictatorship;from the economic crisis of 1929 to the economic boom that followed.
Founded in 1913 as the Istituto Nazionale di Credito per la Cooperazione, the bank became the Banca Nazionale del Lavoro in 1929. The name, which means the “National Bank for Employment”, illustrates BNL’s attachment to its origins and its resilient investment in work. It also reflects the bank’s commitment to its country, to supporting Italian employment and the real economy.
BNL’s centennial provides the chance to retrace its history, to learn more about it, and to build a bridge between the past and the present.”
*Information from Forbes.com and Bnpparibas.com
**Video published on youtube.com by BNP Paribas