B N P Paribas

BNP Paribas is the global leader in financial banking and has invested in various financial products and offers simple solutions in the worlds fastest growing markets. This bank is good in offering financial and advisory functions in India and has presence in Europe and Australasian regions. We are into institutional, corporate and investment banking segments. It is the 2nd oldest foreign bank in India.

Factsheet of B N P Paribas
Bank NameB N P Paribas
Founded inJan. 27, 1872
Promoters/foundersHenri Bamberger, Adolphe-Ernest Fould, Eugène Goüin, Edouard Hentsch, Edmond Joubert, Henri Cernuschi
Headquarter Address

BNP Paribas
16 Boulevard
Des Italieans
Paris---75009
France

Employee's190000
Type of BankPrivate Bank
Official Websitehttps://www.bnpparibas.co.in/en/
Customer Care Number22-61964000, 22-61964010/11,(0)1 40144546

History of B N P Paribas

The B N P Paribas is an international banking establishment located in Paris in France, and it is known as Banque Nationale De Paris. This is created due to the merger done between Banque Nationale De Paris and Paribas another bank in France in 2000. We are the champions in the field of higher end banking like Personal Banking, Mortgages, Loans, Corporate Banking, Investment Banking, Commercial, and the Institutional banking. We are an important financial player in the Euro Stock Markets. It is an institution having 150 plus year of amazing history. It is present in more than 50 plus nations. 

We are in the forefront while sponsoring various sporting events like the French Open, World Masters 1000 Tournament, Davis Cup and the ATP Challengers and various exhibition tournaments held recently after Covid 19 outbreak. 

This is one of the top 15 banks in the world and did not have any problem during the recession in 2009, Covid 19 and other calamities. 

The Chairman is Mr. Jean Lamierre and the CEO is Mr. Jean-Lorrent Bonaffe.

Subsidiaries of B N P Paribas

The subsidiaries of the B N P Paribas are given below as follows:

  • Cetelem.
  • Alfred Berg.
  • FundQuest.
  • CortalConsors.
  • Consors Finanz.
  • BNP Paribas Arbitrage.
  • BNP Paribas Primebrokerage.
  • BNP Paribas Leasing Solutions.
  • BNP Paribas Securities Services.
  • BNP Paribas Wealth Management.
  • BNP Paribas Investment Partners.
  • BNP Paribas Partners for Innovation.
  • BNP Paribas Real Estate (formerly Atisreal).
  • BNP Paribas Assurances with Cardiff, Pinnacle.

 Banking Services offered by  B N P Paribas

 There are various banking services offered by the B N P Paribas are given below as follows:

  • Personal Banking.
  • Corporate Banking.
  • Investment Services.
  • Protection Services.                 
  • Commercial Banking.
  • Balance of Payments.
  • Personalised Statements.
  • Customised Cheque Books.
  • Treasury and Financial analysis.
  • Debit and Credit Card Services.

Loans and credit facilities provided by B N P Paribas

 There are various loans and credit facilities offered by the B N P Paribas are given below as follows:

  • Mortgages.
  • Home Loan.
  • Holiday Loan.
  • Vehicle Loan.
  • Personal Loan.
  • Business Loan.
  • Industrial Loan.
  • Education Loan.
  • Credit Card Limit.

Legal Issues 

B N P Paribas is suffering from various financial scams and one of the major one was submitting false records and US Justice Department imposed a fine of 10 million dollars. On July 1, 2014 B N P Paribas accepted the allegations regarding the money laundering done from US sanctioned nations like North Korea, Iran and Cuba. 

French Government imposed a huge fine of 384 million francs in 2010 for unacceptable charges levied by B N P Paribas for processing the local and overseas Cheques, both physical cheques and the E-cheques as well. There was a huge issue in the media.

In the latest of the scams, the French Government, sued B N P Paribas on serious charges of Money laundering, where in B N P Paribas was found to be taking millions of Euros from Gabon Public Funds that had money brought illegally through corruption.

Awards and Recognition

  • World's Best Bank for Sustainable Finance.
  • World's Best Bank for Public Sector Clients.
  • World's Best Bank for ESG Data and Technology.

B N P Paribas has 8 IFSC connected branches in India. Bank has branches in following states:

  • DELHI
  • KARNATAKA
  • MAHARASHTRA
  • TAMIL NADU

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