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BNP Paribas launches BNP Paribas Personal Investors' services in Asia for affluent clients

Published On 12.05.2009
BNP Paribas Personal Investors in Singapore is a new department of BNP Paribas Wealth Management Singapore Branch that will offer a new range of investment solutions dedicated to affluent clients.

BNP Paribas announces today the launch of BNP Paribas Personal Investors' services that will offer affluent clients a new range of investment solutions from Singapore. It will operate as a department of BNP Paribas Wealth Management Singapore branch through two dedicated teams - one focusing on Asian clients, and the other on Asia based European clients. Both teams will offer clients the possibility of booking in Singapore and in Europe with a wide range of investment solutions.

With an investment starting at SGD 250,000, clients will have access to a wide range of products and markets, and will also be able to take advantage of appropriate advice provided by an experienced and dedicated team of advisors.

BNP Paribas Personal Investors' Global Head, Olivier Le Grand, believes that the time has come to penetrate Asian markets: “We clearly see Asia as a very important region for our business as it combines both high savings potential and long-term growth. Given the current complex market environment, clients not only seek expertise and tailor-made investment solutions that meet their needs, but also want to entrust their assets to financial institutions with strong foundations. As one of the most solid banks in the world, we are well positioned to fulfil clients' expectations by delivering a lasting commitment based on trust and loyalty with fair and independent advices”.

Philippe Zawada, Head of BNP Paribas Personal Investors in South-East Asia, based in Singapore, adds, “Our idea is quite innovative: to ensure that affluent clients are able to benefit from high-end solutions through a truly personalized service by giving them access to a selection of products including deposits, foreign exchange, equities, bonds, funds and structured products”.

About BNP Paribas Personal Investors:
BNP Paribas Personal Investors is the leading European broker in personal investing and online trading and offers to more than one million customers a complete range of products and investment services through various distribution channels. Within the Investment Solutions division, BNP Paribas Personal Investors business line is composed of Cortal Consors present in 5 European countries (Germany, France, Spain, Belgium and Luxembourg), B*capital, brokerage firm, and Geojit BNP Paribas, a leading broker in the Indian market.

About BNP Paribas
BNP Paribas (www.bnpparibas.com) is a European leader in global banking and financial services and is one of the 6 strongest banks in the world according to Standard & Poor's. The group is present in 85 countries, with more than 173,000 employees, including 132.700 in Europe. The group holds key positions in three major activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. Present throughout Europe in all of its business lines, the bank's two domestic markets in retail banking are France and Italy. BNP Paribas also has a significant presence in the United States and strong positions in Asia and the emerging markets.