BNP Paribas : AA+ rating reaffirmed by Standard & Poor's, with stable outlook

03.07.2008 | Financial Information, Press release

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 http://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.

Press contact(s)

Press Contacts:
Antoine Sire - +33 1 40 14 21 06 - antoine.sire@bnpparibas.com
Jonathan Mullen - +33 1 42 98 13 36 - jonathan.mullen@bnpparibas.com
Christelle Maldague - +33 1 42 98 56 48 - christelle.maldague@bnpparibas.com
Céline Castex - +33 1 42 98 15 91 - celine.castex@bnpparibas.com
Hélène Delannoy - +33 1 40 14 66 28 - helene.delannoy@bnpparibas.com
Isabelle Wolff - +33 1 57 43 89 26 - isabelle.wolff@bnpparibas.com
Pascal Hénisse - +33 1 40 14 65 14 - pascal.henisse@bnpparibas.com

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BNP Paribas : AA+ rating reaffirmed by Standard & Poor's, with stable outlook