Top 10 Companies in France 2017

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3. Banque Nationale de Paris (BNP)

BNP was founded after the merger of CNEP which was established in 1848 during severe financial crisis and the BNCI which was formed by entrepreneurs in the year 1930.


Image: Wikimedia

Both the institutions were nationalised in the year 1945 and they are merged in 1966 to form the Banque Nationale de Paris. It was the first French nationalised bank and was later privatised in the year 1993 and the company was completely transformed.

In 1999, they took over Paribas which was established in 1872 as first investment bank in France. The company’s business lines range from Corporate & Institutional banking under which they provide investment banking, global markets, Corporate banking and securities services. They also provide international financial services like Insurance, retail banking, wealth & asset management.  In Asia Pacific alone they have close to 15,000 employees and have partnerships with giants like State Bank of India, Bank of Beijing and Shinhan financial group.

The company has a very strong corporate philosophy of fighting social maladies and working with people to promote education, sustainability and culture. Their subsidiaries and joint ventures in India include SBI Life, Arval and Sundaram BNP Paribas mutual funds. The company had always worked on creating new and innovative solutions to customers and their stakeholders while having solid fundamentals amid a highly volatile global market. They have strong understanding of local markets in the countries they operate to provide best solutions and services to their corporate and institutional clients. Corporate Social responsibility of the group is maintaining their commitments to their economic responsibilities and working with governments and NGOs for social, civic and environmental commitments for sustainable development.

As of FY 2016-’17, BNP Paribas has total revenue of $ 74.7 billion and net profit of $ 8.4 billion and ranked as third best company in France.

Sales ($Bn): 74.7

Profits ($Bn): 8.4



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