The merger process between BNP Paribas (Suisse) SA and Fortis Banque (Suisse) SA, begun in autumn 2009, has ended with the acquisition of the latter by BNP Paribas (Suisse) SA on 25 May 2010.
All clients of Fortis Banque (Suisse) SA are now eligible for the quality services of BNP Paribas (Suisse) SA and the efforts of all of its employees.
BNP Paribas has been present in Switzerland since 1872, and is now one of the major foreign banks in the country. It is the global leader in the financing of raw materials and the most important foreign bank in the issuance of obligations in Swiss francs (behind two Swiss banks). Its position in asset management has been reinforced by this merger, with CHF 47 billion in assets being managed.
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About BNP Paribas
BNP Paribas (www.bnpparibas.com) is one of the six strongest banks in the world according to Standard & Poor's* and the largest bank in the eurozone by deposits. With a presence in more than 80 countries and more than 200,000 employees, including 160,000 in Europe, BNP Paribas is a leading European provider of financial services on a worldwide scale. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Retail Banking, the Group has four domestic markets: Belgium, France, Italy and Luxembourg. BNP Paribas is rolling out its integrated model across the Europe-Mediterranean zone and boasts a large network in the United States. BNP Paribas Personal Finance is the leader in consumer lending in Europe. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe and solid and fast-growing businesses in Asia. In Switzerland, BNP Paribas has branches in Geneva, Zurich, Basel and Lugano.
* Within its peer group