, one of the six strongest banks in the world, is dealing with global banking and financial services in Europe. The Groupís affiliates are four in number: in France
, Italy, Luhembourg and Belgium. Otherwise BNP Paribas operates in 84 countries and its employees number 205 000.
BNP Paribas stresses on three kinds of businesses: retail banking, corporate and investment banking
, and investment solutions.
BNP Paribas Retail Banking sector is quite developed, generating more than half of its revenues from retail banking activities. The body covers branch networks in different countries and special financial services such as mortgages and consumer credit, financial and operating leases, and corporate vehicle management services. Alltogether, more than 100 000 people are involved in this sector in 52 countries.
The investment banking branch provides services in the financial, advisory, and capital markets areas. BNP Paribas is particularly focused on derivatives of all asset classes and structured financing. The advisory activities of the bank in Europe and Asia are quite dynamic. Over 16 000 employees work in this sector while the bank's services are available in 53 countries. The usual clientele of BNP Paribas are investment and hedge funds, companies, and financial institutions. The bank has withstood the financial crisis, making it one of the most resilient banks worldwide.
Regarding investment solutions, it should be mentioned that the total assets amount to 503 billion Euros. Moreover, BNP Paribas is recognized as the first online broker, before other banks going online. The offered services are targeted to both, private and institutional investors. The bank employees aim at collection, management, enhancement, protection, and effective administration of savings and assets. The investment solutions services provide for 6 additional services: private banking, asset management, online savings and trading, real estate services, securities and insurance. The customers of such services are usually private clients, business companies, institutions, and distribution companies. This international player has nearly 25 000 professional employees and covers 60 countries. Half of the sectorís revenues are earned from businesses held outside France. In brief, BNP
is the largest French company and ranks among the safest banks worldwide
BNP Paribas also runs a sponsorship program directed mainly toward tennis events. Regarding healthcare, the bank makes solid investments to fight against infectious diseases around the world. Last but not least, the institution supports some of the arts.
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