Agreement With RBS Confirms BNP Paribas' Commitment to Cash Management and Trade Finance in Eur

Agreement With RBS Confirms BNP Paribas' Commitment to Cash Management and Trade Finance in Europe and Internationally

ID: 404493

(firmenpresse) - NEW YORK, NY -- (Marketwired) -- 07/02/15 --

Under this agreement, both parties have worked together to ensure a seamless and simplified process for RBS customers wishing to migrate to BNP Paribas, in order to minimize the disruption to their business.

"With this referral agreement with RBS, we have already invested in a dedicated onboarding programme to facilitate a simplified migration process and will continue to invest in the development of our cash management expertise alongside our colleagues on the trade finance side. Our networks are joining forces to welcome, onboard and serve these new clients."

: "BNP Paribas is very pleased to partner with RBS to offer a dedicated international corporate banking solution to RBS clients for their needs outside the UK and Republic of Ireland. In selecting BNP Paribas, RBS specifically identified our international reach and broad product offering as being a good match for the needs of their existing client base. In addition to cash management, we deliver significant expertise in trade finance under the management of Marc Carlos. Cash management and trade finance are vital services to facilitate the everyday business of corporate clients. Being a solution provider to our corporate clients for their needs in Europe and internationally, via our One Bank for Corporates platform, is at the heart of BNP Paribas' business model, and is key to the bank's commitment to finance the economy."

BNP Paribas is a European based leader, with a large international presence, particularly in North America and in Asia Pacific, where the bank is present in 14 countries, in 12 of which it has full banking licenses.. The Group's comprehensive and market-leading range of solutions in trade finance and cash management is delivered to its clients via an unrivalled network of over 220 business centres around the world and more than 1,700 dedicated relationship managers.

Earlier this year, BNP Paribas once again confirmed its number one ranking for a number of Corporate Banking activities according to the Greenwich Associates Survey, specifically within the European and Eurozone Large Corporate Banking. In particular, BNP Paribas was ranked: number 1 in market penetration for Eurozone Large Corporate Cash Management and European Large Corporate Trade Finance. It was also ranked No. 1 European Top-Tier Large Corporate Cash Management Quality. The diversified range of products and solutions, international reach, in addition to the ability to deliver tailored advisory services is also a key strength that will benefit the new clients.





: "Today, we work with over 40,000 corporates across all industries worldwide, providing advisory and operational capabilities to design strategies and customise solutions to optimise working capital strategies. BNP Paribas' ambition is to broaden and consolidate this leadership and to carry on offering its clients seamless European and international banking services, and this agreement is a perfect fit for our ambitions."



BNP Paribas has a presence in 75 countries with more than 185,000 employees, including 145,000 in Europe. It ranks highly in its two core activities: Retail Banking & Services (comprised of Domestic Markets and International Financial Services) and Corporate & Institutional Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across Mediterranean basin countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia-Pacific.

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Bereitgestellt von Benutzer: Marketwired
Datum: 02.07.2015 - 13:31 Uhr
Sprache: Deutsch
News-ID 404493
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