50 million Euros across 30 countries: BNP Paribas organises a global response to the COVID-19 crisis
BNP Paribas and its subsidiaries mobilised at the outset of the crisis, aiding hospitals,...
Present in Latin America for more than a century, the BNP Paribas Group aims to forge new strategic partnerships based on local circumstances and the economic dynamics of the region. 3,600 BNP Paribas employees are responsible for all of the major markets in 6 countries: Argentina, Chile, Brazil, Peru, Mexico and Colombia.
The banks that were BNP Paribas’ forerunners established relationships with Latin America in the second half of the 19th century through equity investments in railway companies and contributions to government bonds, and in 1914 the Comptoir National d’Escompte de Paris opened a representative office in Buenos Aires, Argentina.
Over the years, the Group has successively expanded its presence in Brazil, Colombia and Mexico, with the aim of supporting trade in the key centres of business in Latin America and of assisting French companies active in the region.
BNP’s presence in Latin America in the 1990s enabled it to support its customers in the areas of trade and finance. The bank plays an advisory role to companies wishing to invest or establish themselves there.
To mark these key dates, Jacques D’Estais, Deputy Chief Operating Officer and Head of International Financial Services, has emphasised that: “We want to develop and strengthen our relationships with all of our customers – individual investors as well as institutional investors, companies and partners. It’s vital to strengthen the ties within the Group in the region. Our aim is to support our growth through diversification, innovation and the digital transformation of our products to better meet the needs of our customers.”
Our aim is to support our growth through diversification, innovation and the digital transformation of our products.
Paribas (Banque de Paris et des Pays-Bas) was involved in financing the Caracas metro. Its innovative financing solution enabled French manufacturers to win the contract ahead of the bid from the Japanese.