BNP Paribas is pleased to announce that on July 1st, 2008, Standard & Poor's reaffirmed the AA+ rating with stable outlook.
In its comments, the rating agency highlighted BNP Paribas' "strong and highly diversified business profile; sound financial position, characterized by contained risk, satisfactory profitability, adequate capitalization, and high financial flexibility; good and stable management; and moderate risk appetite".
This rating ranks BNP Paribas among the four best rated banks in the world.
Read full text of S&P Rating Rationale (382 ko) and also available at https://www.ratingsdirect.com
About BNP Paribas
BNP Paribas (www.bnpparibas.com) is a European leader in banking and financial services, and is one of the world's four most solid banks according to Standard & Poor's. It is present in more than 85 countries and employs more than 168,000 people, including 129,500 in Europe. BNP Paribas enjoys key positions in its three core businesses: Corporate and Investment Banking, Asset Management & Services and Retail Banking. Present throughout Europe through all its businesses, France and Italy are its two domestic retail banking markets. BNP Paribas also has a strong and growing presence in the United States and strong positions in Asia and the emerging countries.
In its comments, the rating agency highlighted BNP Paribas' "strong and highly diversified business profile; sound financial position, characterized by contained risk, satisfactory profitability, adequate capitalization, and high financial flexibility; good and stable management; and moderate risk appetite".
This rating ranks BNP Paribas among the four best rated banks in the world.
Read full text of S&P Rating Rationale (382 ko) and also available at https://www.ratingsdirect.com
About BNP Paribas
BNP Paribas (www.bnpparibas.com) is a European leader in banking and financial services, and is one of the world's four most solid banks according to Standard & Poor's. It is present in more than 85 countries and employs more than 168,000 people, including 129,500 in Europe. BNP Paribas enjoys key positions in its three core businesses: Corporate and Investment Banking, Asset Management & Services and Retail Banking. Present throughout Europe through all its businesses, France and Italy are its two domestic retail banking markets. BNP Paribas also has a strong and growing presence in the United States and strong positions in Asia and the emerging countries.