Amsterdam, October 2013
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Presentation Patrice MENARD October 2008
BNP Paribas Patrice MENARD Investor Relations Officer Switzerland / Netherlands October 2008 1 Record earnings despite the crisis Corporate governance 2 A European Leader with a Worldwide Footprint Europe (excl. France/Italy) 46,000 employees Italy United States 20,000 employees 15,000 employees Asia 9,800 employees Rest of the world 15,200 employees France incl. overseas depts./territories 64,000 employees Present in over 85 countries 170,000 employees* worldwide of which 130,000 in Europe (76% of the total) *Persons employed 3 A European Leader with a Global Franchise Breakdown of 1H08 revenues by core business Corporate & Others Retail Investment Banking 15% Banking in France 22% 20% North America 11% BNL bc France 9% 47% Other Asset Western Management International Europe & Services Retail 13% Italy 19% 14% Services 30% WesternWestern Europe Europe RetailRetail banking banking 74%74% 59%59% 4 Good Revenue Momentum Revenues -24.5% +8.0% +3.0% +2.9% 2,452 2,108 2,153 1,993 1,520 1,852 2Q08 1,357 1,396 1,470 1,514 +6.5% 1,263 1,311 1Q08 2Q07 643 680 685 % 2Q08/2Q07 In €m RBF BNL bc IRS AMS CIB Retail Banking eur 6 25% F 2/3 25% F 2/3 25% F 2/3 BNL BNL BNL bc bc bc AMS AMS AMS 19% IRS 19% IRS 19% IRS 57% 18% 25% 5 Effective Cost Control Maintains Operating Efficiency Operating Expenses Cost/income ratio 11.4% 67.5% 10.3% 7.0% 64.0% 4.9% 62.2% 62.7% 0.7% 59.7% 0% 58.9% Change Q/Q-4 -2.8% 1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 FlexibleFlexible cost cost structure structure in in the the business business lines lines -
Third Supplemental Information Memorandum Dated 23 July 2019
Third Supplemental Information Memorandum dated 23 July 2019 LVMH FINANCE BELGIQUE SA (incorporated as société anonyme / naamloze vennootschap) under the laws of Belgium, with enterprise number 0897.212.188 RPR/RPM (Brussels)) EUR 4,000,000,000 Belgian Multi-currency Short-Term Treasury Notes Programme Irrevocably and unconditionally guaranteed by LVMH Moët Hennessy - Louis Vuitton SE (incorporated as European company under the laws of France, and registered under number 775 670 417 (R.C.S. Paris)) The Programme is rated A-1 by Standard & Poor’s Ratings Services, a division of the McGraw-Hill Companies, Inc. and, Arranger Dealers Banque Fédérative du Crédit Mutuel BNP Paribas BRED Banque Populaire Crédit Agricole Corporate and Investment Bank Crédit Industriel et Commercial BNP Paribas Fortis SA/NV Natixis Société Générale ING Belgium SA/NV ING Bank N.V. Belgian Branch Issuing and Paying Agent BNP Paribas Fortis SA/NV This third supplemental information memorandum is dated 23 July 2019 (the “Third Supplemental Information Memorandum”) and is supplemental to, and shall be read in conjunction with, the information memorandum dated 20 October 2015 as supplemented on 21 April 2016 and on 28 April 2017 (the “Information Memorandum”). Unless otherwise defined herein, terms defined in the Information Memorandum have the same respective meanings when used in this Third Supplemental Information Memorandum. As of the date of this Third Supplemental Information Memorandum: (i) The Issuer herby makes the following additional disclosure: Moody's assigned on 3 July 2019 a first-time A1 long-term issuer rating and Prime-1 (P-1) short-term rating to LVMH Moët Hennessy Louis Vuitton SE.; (ii) The paragraph 1.17 “Rating(s) of the Programme” of the section entitled “1. -
General Terms and Conditions
General Terms and Conditions Denmark A. PROVISIONS RELATING TO ALL BANKING SERVICES charges, commissions and interest and exchange rates applicable to the opening and operation of any Account, 1. Definitions the execution of any Transaction and the furnishing of any Related Service, as the same may be amended, “Account” means any current, deposit, payment, savings revised or otherwise modified or replaced from time to and/or similar account opened by the Client with the time in accordance with the General Terms. Bank pursuant to the Agreement. “Confidential Information” means any information that “Agreement” means these General Terms and any is the subject of banking secrecy under chapter 9 of the Specific Agreement entered into between the Client and Financial Business Act (in particular any information the Bank. relating to banking business, financial services, amounts “Account Opening Documents” means (i) the Account of balances on accounts and deposits and amounts of Opening Form and (ii) the Supporting Documents. transfers). “Account Opening Form” means the account opening “Client” means the corporate or legal entity designated form, including the signature card. as such in the relevant Account Opening Form. “Authorised Entity” means: “Cut-off Time” means the point in time when an order (i) the Bank or any entity directly or indirectly at the latest will have to be received by the Bank as controlling it or controlled by it, whether by virtue of specified in the Bank’s current Cash Management Fee shareholding, agreement or factual control; Schedule. (ii) any entity to which certain activities of any entity of “Execution Time” means the amount of time from the the Group (including, but not limited to, payments and Payment Order Receipt Time to the time at which the settlements processing, money market transactions, IT funds are at the disposal for the receiving bank. -
BNP-PARIBAS-ZAO-2011-ENG.Pdf
CONTENTS: I. INTRODUCTION 05 The message from the Supervisory Board 06 About the BNP Paribas Group 10 Management II. STRATEGY AND RESULTS 2011 Macroeconomics and the Russian banking industry in 2011 15 16 Financial results 2011 27 Corporate investment bank 31 Consumer fi nancing 33 Risk Management 35 Human Resources Management 36 Corporate Code of Conduct III. ADDITIONAL INFORMATION 38 State Registration Information 38 Participation in Associations 40 Contact Information I. INTRODUCTION BNP PARIBAS ZAO 4 ANNUAL REPORT 2011 THE MESSAGE FROM THE SUPERVISORY BOARD am pleased to present the BNP market conditions. PARIBAS ZAO annual report for In 2011, we started up a new trading 2011. and marketing activity in commodity de- The year was dominated by rivatives to meet the increasing demand global uncertainty and extremely in the Russian market. We expect this I complex fi nancial conditions product line to be an important contrib- combined with new regulatory utor to our 2012 revenues. challenges. In 2011, our work was fo- On a wider scale, 2011 was a year of cused on adapting ourselves to the new signifi cant changes to the business strat- operating environment. Now, our compa- egies for BNP Paribas Group in Russia. ny has adjusted to the new environment Corporate Investment Banking and and we have already made signifi cant Personal Finance activities were pro- progress in realignment. Thanks to the vided by the same legal entity; in 2011, efforts of our teams, we showed solid BNP Paribas ZAO decided it would stop operating performances and fi nancial its production of consumer fi nance loans stability in 2011. -
Expats Feel at Home Right Away
IN A CHANGING WORLD, EXPATS FEEL AT HOME RIGHT AWAY. FEEL AT HOME IN BELGIUM bnpparibasfortis.be/expatinbelgium The bank for a changing world Welcome to Belgium Premium Pack – everything you need! Are you coming to work or study in Belgium? Premium Pack is an «all-in-one» package offering superior Welcome! We hope you love it here. As exciting as this banking benefits free to expats for their first year in Belgium. adventure may be, we know it’s not always easy to go and live abroad. From the pre-departure preparations to the steps Apply remotely – whether you are in Paris, Rome or Singapore you have to take upon arrival, good advice can help ease – and then benefit from it as soon as you arrive (subject to the transition. For your banking affairs, we’re a trustworthy acceptance of your application). partner as the number one bank in Belgium. All-inclusive: the Premium Pack is the all-in-one formula BNP Paribas Fortis, a Belgian bank for all your day-to-day banking needs, including up to with an international approach three fully equipped multi-currency accounts. We are part of the BNP Paribas group, a European leader on a Flexible: depending on your needs, choose between single global scale in terms of banking and financial services, active in or multi-user solutions. 80 countries. This allows us to provide a unique pan-European network with a diverse portfolio of offerings for our customers. International transfers at attractive rates: you get preferential rates on your international online transfers among the participating banks of the Group. -
BNP Paribas Arbitrage Issuance B.V
SECOND SUPPLEMENT DATED 28 FEBRUARY 2006 TO THE WARRANT AND CERTIFICATE PROGRAMME BASE PROSPECTUS DATED 18 JANUARY, 2006 %133DULEDV$UELWUDJH,VVXDQFH%9 LQFRUSRUDWHGLQ7KH1HWKHUODQGV DV,VVXHU %133DULEDV LQFRUSRUDWHGLQ)UDQFH DV,VVXHUDQG*XDUDQWRU 352*5$00()257+(,668$1&(2):$55$176$1'&(57,),&$7(6 This supplement (“6XSSOHPHQW”) is supplemental to, and should be read in conjunction with, the Warrant and Certificate Programme Base Prospectus (the “%DVH3URVSHFWXV”) dated 18 January 2006 in relation to the programme for the issuance of Warrants and Certificates for BNP Paribas Arbitrage Issuance B.V. (the “,VVXHU”) or BNP Paribas (the “,VVXHU DQG *XDUDQWRU”). On 18 January 2006, the &RPPLVVLRQ GH 6XUYHLOODQFHGX6HFWHXU)LQDQFLHUapproved the Base Prospectus as a base prospectus for the purposes of Article 5.4 of Directive 2003/71/EC and the relevant implementing measures in the Grand Duchy of Luxembourg. The Issuer accepts responsibility for the information contained in this Supplement. The Issuer declares that, having taken all reasonable care to ensure that such is the case, the information contained in this Supplement is, to the best of its knowledge, in accordance with the facts and does not omit anything likely to affect the import of such information. This Supplement has been produced to include the BNP Paribas Arbitrage Issuance B.V’s 2005 financial results : $118$/5(3257 %133DULEDV$UELWUDJH,VVXDQFH%9 Amsterdam The Netherlands 0DQDJLQJ'LUHFWRU¶VUHSRUW The principal objectives of the Company are to issue warrants, certificates, other securities and to issue and acquire financial instruments of any nature and to enter into related agreements. On 27 June 2005 the objects of the Company were modified by an Amendment of the Articles of Association. -
Bnp Paribas Fortis 2015 Full Year Results
Brussels, 4 March 2016 PRESS RELEASE BNP PARIBAS FORTIS 2015 FULL YEAR RESULTS STRONG OPERATING PERFORMANCE DESPITE PERSISTENTLY LOW INTEREST RATE ENVIRONMENT o CUSTOMER LOANS1 AT EUR 170 BILLION, +6.5%* vs. 31.12.2014 CUSTOMER DEPOSITS1 AT EUR 173 BILLION, +4.8%* vs. 31.12.2014 SOLID GROWTH IN CUSTOMER LOANS REFLECTING THE IMPORTANT ROLE OF THE BANK IN FINANCING THE ECONOMY REVENUES: EUR 7,235 MILLION, +5.2%* vs. 2014 STRONG PERFORMANCE IN BELGIAN RETAIL BANKING CONTINUED GROWTH IN TURKEY OPERATING EXPENSES: EUR 4,427 MILLION, +1.9%* vs. 2014 FURTHER COST MANAGEMENT HIGHER BELGIAN BANKING TAXES AND LEVIES CONTINUED INVESTMENTS IN TURKEY NET INCOME: EUR 1,575 MILLION, +7.4%* vs. 2014 A FULLY LOADED BASEL 3 COMMON EQUITY TIER 1 RATIO2 OF 12.5% * Excluding non-recurrent items (see page 5 for more details) 1 Customer deposits consist of amounts due to customers excluding repurchase agreements (‘repos’). Customer loans are loans and receivables due from customers, excluding securities and reverse repos 2 Ratio taking into account all the CRD4 rules with no transitory provisions Max Jadot, CEO of BNP Paribas Fortis SA/NV commented: “We realised strong results in 2015 with revenues up 5.2%* and net profit at 1,575 million euros, up 7.4%* compared to 2014, in spite of a persistently low interest rate environment. By financing the projects of our private clients and companies our lending portfolio increased by 3.9% in Belgian Retail Banking. With the deposits they have entrusted us, our deposit volumes increased by 3.8% over the same period. -
Responsible Investing
La sélection de Responsible Investing SELECTION FROM “L’OPINION” NO. 17 - SUPPLEMENT FROM “L’OPINION” NO. 1105 OF 4 OCTOBER 2017 - MAY NOT BE SOLD SEPARATELY The 2015 Paris climate agreement has accelerated the development of sustainable finance. Bankers, businesses, fund managers: everyone is involved. Green finance, the driving force for a new sustainable world ONU The United Nations’ seventeen Sustainable Development Goals aim to eradicate poverty by 2030. urope is rallying, and furthermore, greater transparen- Environment that’s how important cy of financial institutions and busi- How can we build a bridge between the matter is! This nesses on the way they take sustaina- asset managers concerned with summer, a group of bility into account in their decisions... “Doing more and better with less” responsible investments and busi- experts from the Eu- A huge programme. has become the new mantra of the nesses working to comply with ropean Commission With sustainable finance, Brus- ESG (environmental, social and in Brussels submitted sels clearly wants to move on from the European Commission, which adopted governance) criteria ? Sustainable its first report on sustainable finance. post-subprime crisis years. “The first a package of measures to this effect finance addresses this concern” EThe goal after six months of work: to wave of European Union reforms was Sustainable finance is the answer. identify ways to enshrine this concept, based on the stability and resilience of It brings together SRI (socially which is still somewhat vague, in Euro- the financial system”, comments the responsible investment), soli- pean law. The commission made about European executive. “The Commis- transform our world”. -
Legal Notice
Legal Notice Executive Order 13959, as amended: BNPP clients and counterparties are responsible for ensuring that they comply with applicable provisions of Executive Order 13959 (and any subsequent official guidance). Country UK: In the UK, this document is being communicated by BNPP London Branch. 10 Harewood Avenue, London NW1 6AA; tel: +44 20 7595 2000; fax: +44 20 7595 2555- www.bnpparibas.com. Incorporated in France with Limited Liability. Registered Office: 16 boulevard des Italiens, 75009 Paris, France. 662 042 449 RCS Paris. BNP Paribas is authorised and regulated by the European Central Bank and the Autorité de contrôle prudentiel et de resolution. Deemed Authorised by the Prudential Regulation Authority and with deemed variation of permission. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website. BNP Paribas London Branch is registered in the UK under number FC13447. UK establishment number: BR000170. UK establishment office address: 10 Harewood Avenue, London NW1 6AA. France: This report is produced and/or is distributed in France by BNPP SA and/or BNPP Arbitrage. BNPP SA is incorporated in France with Limited Liability (Registered Office: 16 boulevard des Italiens, 75009 Paris, France, 662 042 449 RCS Paris, www.bnpparibas.com) is authorized and supervised by European Central Bank (ECB) and by Autorité de Contrôle Prudentiel et de Résolution (ACPR) in respect of supervisions for which the competence remains at national level, in terms of Council Regulation n° 1024/2013 of 15 October 2013 conferring specific tasks on the ECB concerning policies relating to the prudential supervision of credit institutions. -
Annual Report 2014 BNP Paribas Fortis SA/NV 23/02/15 11:50
BNP Paribas Fortis SA/NV Annual Report 2014 | Annual Report 2014 Report | Annual BNP Paribas Fortis SA/NV Fortis Paribas BNP AR 2014 Cover.indd 6 23/02/15 11:50 Introduction The BNP Paribas Fortis Annual Report 2014 contains both the audited Consolidated and Non-consolidated Financial Statements, preceded by the Report of the Board of Directors, the Statement of the Board of Directors and a section on Corporate Governance including the composition of the Board of Directors. The audited BNP Paribas Fortis Consolidated Financial Statements 2014, with comparative figures for 2013, prepared in accordance with International Financial Reporting Standards (IFRS) as adopted by the European Union, are followed by the audited Non-consolidated Financial Statements 2014 of BNP Paribas Fortis SA/NV, prepared on the basis of the rules laid down in the Belgian Royal Decree of 23 September 1992 on the annual accounts of credit institutions. All amounts in the tables of the Consolidated Financial All information contained in the BNP Paribas Fortis Annual Statements are denominated in millions of euros, unless Report 2014 relates to the BNP Paribas Fortis statutory stated otherwise. All amounts in the tables of the Non- Consolidated and Non-consolidated Financial Statements consolidated Financial Statements are denominated in and does not cover the contribution of BNP Paribas thousands of euros, unless stated otherwise. Because figures Fortis to the BNP Paribas Group consolidated results, have been rounded off, small discrepancies with previously which can be found on the BNP Paribas website: reported figures may appear. Certain reclassifications www.bnpparibas.com. have been made with regard to the prior year’s Financial Statements in order to make them comparable for the year The BNP Paribas Fortis Annual Report 2014 under review. -
Download Agenda
RiskMinds Europe SESSIONS 11 - 12 May 2021 Online virtual conference PLEASE NOTE THIS IS THE 2021 AGENDA - 11/05/2021 BST (British Summer Time, GMT+1) Interactive morning discussion to kickstart the Interactive roundtable discussion: Embedded conversation and live polling: What’s keeping finance and banking as a service risk managers in Europe awake at night? 13:25 - 13:55 11:30 - 12:00 RiskMinds Europe RiskMinds Europe Participants Join us to take part in live polling, have your say and Host: Peter Rossiter - Chief Risk Officer, Starling share experiences International Participants Host: Christian Bluhm - Group Chief Risk Officer and Risk trends in the EU banking sector amid Member of the Group Executive Board, UBS Covid 13:55 - 14:25 RiskMinds Europe Chair’s opening remarks Participants 12:00 - 12:10 RiskMinds Europe Presenter: Angel Monzon - Head of Risk Analysis and Stress testing, European Banking Authority Participants Presenter: Periklis Thivaios - Partner, True North Partners LLP Brexit and what this means for the regulatory landscape across Europe? Covid-19 recovery, Brexit and key policy 14:25 - 15:10 RiskMinds Europe developments across Europe 12:10 - 12:40 What are the next steps for the UK and Europe in RiskMinds Europe regulatory affairs? Setting the scene... Participants Panellist: Katherine Wolicki - Global Head Financial What’s driving the status quo? Can we collaborate and Model Risk Regulatory Policy and Engagement, better to create more synergy cross border? HSBC Participants Panellist: Barbara Frohn - EMEA Head of -
BNP Paribas Group: Results As at 31 March 2021
RESULTS AS AT 31 MARCH 2021 PRESS RELEASE Paris, 30 April 2021 SOLID RESULTS AND POSITIVE JAWS EFFECT ONGOING MOBILISATION AT THE SERVICE OF THE ECONOMY AMIDST A GRADUAL RECOVERY €112bn (+21% vs. 1Q20) in financing raised for clients on syndicated loan, bond and equity markets1 Loans outstanding: +0.2% vs. 4Q20 REVENUE GROWTH Revenues: +8.6% vs. 1Q20 POSITIVE JAWS EFFECT DESPITE THE INCREASE IN THE SINGLE RESOLUTION FUND 2 CONTRIBUTION Operating Expenses: +5.4% vs. 1Q20 (+2.3% vs. 1Q20, excluding taxes subject to IFRIC 21 2) COST OF RISK AT A LOW LEVEL 42 bps3 SOLID NET INCOME 1Q21 net income 4: €1,768m (+37.9% vs. 1Q20) ROBUST BALANCE SHEET CET1 RATIO: 12.8% 1. Source: Dealogic as at 31 March 2021, bookrunner, apportioned amount; 2. 1Q recognition of almost all taxes and contributions for the year under IFRIC 21 "Taxes", including the estimated contribution to the Single Resolution Fund; 3. Cost of risk / customer loans outstanding at the start of the period; 4. Group share The Board of Directors of BNP Paribas met on 29 April 2021. The meeting was chaired by Jean Lemierre, and the Board examined the Group’s results for the first quarter 2021. Commenting on these results, Chief Executive Officer Jean-Laurent Bonnafé, stated at the end of the meeting: “BNP Paribas continues to mobilise all its resources and expertise to support individual, corporate and institutional clients and to contribute to the success of a solid and sustainable recovery. While strengthening its environmental and social commitments and continuing its digital and industrial transformation, the Group relies on its diversified and integrated business model, robust financial structure, and the powerful execution capacity of its platforms to deliver solid results.