Top 10 Banks in the World 2018

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8. BNP Paribas

BNP Paribas is a French Multinational Banking Group with its presence in more than 70 countries in the world.


Image: flickr.com/photos/130182733@N03/

The bank came into existence with the merger of Banque de Nationale de Paris and Banque de Paris et De Pay-Bas in 2000. Being one of the three big French banks, which also include Société Générale and Le Credit Lyonnais are other two French banks, BNP Paribas is serving more than 30 million customers in three main domestic markets of Belgium, France, and Italy.

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The bank has brands like BNL and Fortis. In the Western United States, the bank operates under the brand name of Bank of West. Consumer Banking, Corporate Banking, Asset Management, Investment Banking, Credit card Services, etc. are the services provided by BNP Paribas. BNP Paribas has managed to gain the position of the largest bank in the Eurozone and in the world by its value of total assets. In 2015, the bank has outstanding deposits and loans as 600.3 billion USD and 682.5 billion USD respectively with the highest revenue generated from its European operations. The BNP Paribas became the world’s fifth largest bank just after the Global Financial Crisis in 2008. In October 2008, the bank looked after the 75% activities of the Fortis Bank of Belgium and 66% in Luxemburg. The personal banking services are offered in more than 7,000 branches of the bank with providing the employment to 1,90,000 people globally. 9.3 million Euros have been allocated by the bank for the renewable energy sector in 2016 and it is committed to raising 6 million Euros more to it.

Revenue (in Billions of USD): 53.28

Net Profit (in Billions of USD): 9.30

Assets (in Billions of USD): 2420.05



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