BNP Paribas' international share issue reserved for employees has been taken up by 55,800 employees in 71 countries for total subscriptions of 282.5 million euros. Following this capital increase, employees hold over 5% of the company's capital.
This share issue was undertaken as part of the Group's ongoing policies. These annual share issues have resulted in more than 90% of BNP Paribas SA's staff becoming shareholders. As in previous years, they had the opportunity of investing their bonus and profit-share (between 3,700 and 10,700 euros per employee) in BNP Paribas shares – which were offered at a preferential price (60.5 euros) – as well as benefiting from an employer's contribution.
As a result, an employee investing his or her 1,500 euro bonus and profit-share in shares, plus the company's contribution, ended up with 2,500 euros of capital.
About BNP Paribas
BNP Paribas (www.bnpparibas.com) is a European leader in banking and financial services, and ranks among the world's top 15 banks by market capitalization and total assets. It has more than 140 000 employees, 110 000 of whom are based in Europe. The group occupies leading positions in three significant fields of activity: Corporate and Investment Banking, Asset Management & Services and Retail Banking. It is present in 85 countries and has a strong presence in all the key financial centres. Present throughout Europe, in all its business lines, France and Italy are its two domestic markets in retail banking. BNP Paribas enjoys a significant and growing presence in the United States and leading positions in Asia and in emerging markets.
This share issue was undertaken as part of the Group's ongoing policies. These annual share issues have resulted in more than 90% of BNP Paribas SA's staff becoming shareholders. As in previous years, they had the opportunity of investing their bonus and profit-share (between 3,700 and 10,700 euros per employee) in BNP Paribas shares – which were offered at a preferential price (60.5 euros) – as well as benefiting from an employer's contribution.
As a result, an employee investing his or her 1,500 euro bonus and profit-share in shares, plus the company's contribution, ended up with 2,500 euros of capital.
About BNP Paribas
BNP Paribas (www.bnpparibas.com) is a European leader in banking and financial services, and ranks among the world's top 15 banks by market capitalization and total assets. It has more than 140 000 employees, 110 000 of whom are based in Europe. The group occupies leading positions in three significant fields of activity: Corporate and Investment Banking, Asset Management & Services and Retail Banking. It is present in 85 countries and has a strong presence in all the key financial centres. Present throughout Europe, in all its business lines, France and Italy are its two domestic markets in retail banking. BNP Paribas enjoys a significant and growing presence in the United States and leading positions in Asia and in emerging markets.