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BNP Paribas SA
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BNP Paribas SA

by Jennifer DemirJune 5, 2017
Overview
Founded

1848

Headquarters

Paris, France

Website

https://group.bnpparibas/

BNP Paribas SA

BNP Paribas SA provides a range of banking and financial services in France and internationally. The company operates through three divisions: Domestic Markets, International Financial Services, and Corporate and Institutional Banking. It offers long-term corporate vehicle leasing, and rental and other financing solutions; and online savings and brokerage, cash management, and factoring services to corporate clients. The company also provides credit solutions for individuals under the Cetelem, Cofinoga, and Findomestic brands; savings and protection solutions, including insuring individuals and their personal projects and assets; and asset management, private banking, and real estate services. In addition, it offers global market services, including investment, hedging, financing, research, and market intelligence across asset classes; security services comprising clearing, custody, and asset and fund services, as well as corporate trust, and market and financing services; and corporate trade and treasury solutions, debt financing, specialized financing, strategic advisory, mergers and acquisition, and equity capital market services for institutional and corporate clients. The company was formerly known as Banque Nationale de Paris and changed its name to BNP Paribas SA in May 2000. BNP Paribas SA was founded in 1848 and is based in Paris, France.

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About The Community Member
Jennifer Demir
History of banking: Banking began with the first prototype banks of merchants of the ancient world, which made grain loans to farmers and traders who carried goods between cities. This began around 2000 BC in Assyria and Babylonia. Later, in ancient Greece and during the Roman Empire, lenders based in temples made loans and added two important innovations: they accepted deposits and changed money. Archaeology from this period in ancient China and India also shows evidence of money lending activity...

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