BNP Paribas

Address

address:

63/F, Two International Finance Centre

8 Finance Street

District:

Central

city:

Hong Kong

Tel:

+852 2909 8232

Fax:

+852 2865 2523

website:

www.bnpparibas.com.hk

Nominees

First name:

Paul

Last name:

Yang

Title:

CEO

First name:

Mignonne

Last name:

Cheng

Title:

Chairman & CEO Wealth Management

First name:

Bruno

Last name:

Francois

Title:

Head of GTS, Hong Kong

About this member

Type of activity:

Banking

Background:

BNP Paribas (www.bnpparibas.com) is one of the six strongest banks in the world* and the largest bank in the eurozone by deposits. With a presence in more than 80 countries and more than 200,000 employees, including 160,000 in Europe, BNP Paribas is a leading European provider of financial services on a worldwide scale. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Retail Banking, the Group has four domestic markets: Belgium, France, Italy and Luxembourg. BNP Paribas is rolling out its integrated model across the Europe-Mediterranean zone and boasts a large network in the United States. BNP Paribas Personal Finance is the leader in consumer lending in Europe. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe and solid and fast-growing businesses in Asia.

* Rated AA by Standard & Poor's i.e. 3rd rating on a scale of 22.

Description:

In 2010, BNP Paribas celebrates the 150 anniversary of its presence in Asia Pacific. The group opened its first branches respectively in Shanghai, China and Calcutta (which has been renamed as Kolkata), India both in 1860. With its strong position in Asia Pacific and about 11,380 staff in the region, the group is represented by its 3 core businesses: Corporate and Investment Banking, Investment Solutions and International Retail Services.

Corporate and Investment Banking (CIB)
The Bank’s CIB business is present in all markets in Asia Pacific, providing clients with financing, advisory and capital markets services. Its 6 major business lines include, Global Equities and Commodity Derivatives (GECD), Corporate Finance (CF), Fixed Income (FI), Structured Finance (SF), Asset Liability Management (ALM) & Treasury and Resource & Portfolio Management (RPM). With its well-established and fully operating platforms across most Asian markets, CIB has an extensive client franchise, boasting more than 2,500 corporates and 600 financial-institution relationships.

Investment Solutions (IS)
The Bank’s IS platform provides a complete portfolio of integrated investment solutions available from the BNP Paribas Group for both private and institutional investors. This is the asset-gathering arm of the Group and has strong presence across Asia Pacific, which includes private banking, asset management, online saving and trading, insurance, securities services and real estate. IS also develops through organic growth such as Joint Ventures (JVs) and partnerships in various markets, such as Shinhan in South Korea, State Bank and Sundaram in India.

International Retail Services (IRS)
Today, BNP Paribas generates 45% of its 2009 revenues from retail banking, thus gaining a strong international presence in the sector.

In China, the Group is developing a strategic partnership with Bank of Nanjing, in which it holds a 12.6% stake. The two banks have begun to cooperate closely in retail banking and consumer credit as well as processes, risk management and organisation.

In parallel, BNP Paribas Lease Group in China is currently in the process of merging with Fortis Lease Group, offers a comprehensive range of customized equipment leasing and rental solutions in China with similar services for companies and small businesses.

BancWest Corporation is the holding company for Bank of the West and First Hawaiian Bank. The banks have a representative office in Taipei.

In Vietnam, the Group signed a strategic partnership with the Vietnamese bank Orient Commercial Bank (OCB).

China Activity: