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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 -
Personal Banking
2019 ANNUAL REPORT & ACCOUNTS ACCESS BANK PLC 1 access more 2019 ANNUAL REPORT & ACCOUNTS 2 ACCESS BANK PLC MERGING CAPABILITIES FOR SUSTAINABLE GROWTH 2019 ANNUAL REPORT & ACCOUNTS ACCESS BANK PLC 3 1 OVERVIEWS .............08 10 • Business and Financial Highlights 12 • Locations and Offices 14 • Chairman’s Statement CONTENTS// 18 • Chief Executive Officer's Review 2 BUSINESS REVIEW.............22 24 • Corporate Philosophy 25 • Reports of the External Consultant 26 • Commercial Banking 30 • Business Banking 34 • Personal Banking 40 • Corporate and Investment Banking 44 • Transaction Services, Settlement Banking and IT 46 • Digital Banking 50 • Our People, Culture and Diversity 54 • Sustainability Report 74 • Risk Management Report 3 GOVERNANCE .............92 94 • The Board 106 • Directors, Officers & Professional Advisors 107 • Management Team 108 • Directors’ Report 116 • Corporate Governance Report 136 • Statement of Directors’ Responsibilities 138 • Report of the Statutory Audit Committee 140 • Customers’ Complaints & Feedback 144 • Whistleblowing Report 4 FINANCIAL STATEMENTS ............148 150 • Independent Auditor’s Report 156 • Consolidated Statement of Comprehensive Income 157 • Consolidated Statement of Financial Position 158 • Consolidated Statement of Changes in Equity 162 • Consolidated Statement of Cash Flows 164 • Notes to the Consolidated Financial Statements 203 • Other National Disclosures SHAREHOLDER 5 INFORMATION ............404 406 • Shareholder Engagement 408 • Notice of Annual General Meeting 412 • Explanatory -
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. -
FY-2020-Results-Announcement.Pdf
LAGOS, NIGERIA 1 April 2021 Group Audited Results for the Full Year ended 31 December 2020 Access Bank delivered solid and resilient top-line figures despite a challenging economic and regulatory landscape. This is an attestation to our long history of resilience, scale, dedicated people and sustainable business model. Our resilient business model ensured that the Group adapted to accommodate the resultant macro-economic downturn and headwinds of the COVID-19 pandemic. The Group recorded gross earnings of ₦764.7bn (+15% y/y), arising from a 112% y/y growth in non- interest income to ₦275.5bn, which is testimonial to the effectiveness of our strategy and capacity to generate sustainable revenue. Profit Before Tax stood at ₦125.9bn despite the high cost of operating the enlarged franchise and the increase in net impairment charge of near ₦43bn arising principally (~50% of net impairment) from a Structured Trade Finance (“STF”) portfolio in the Access Bank UK. The STF impairment is one-off/COVID related and recoverable over the next 12-18 months against insurance cover from world class insurers. We also recorded consistent growth in our retail banking business, leading to a 5.8mn growth in customer sign-on during the year via our financial inclusion drive and retail revenue of ₦177.2bn (FY 2019: ₦107.8bn). Customer deposits grew by 31% to ₦5.59trn in Dec 2020 (Dec 2019: ₦4.26trn) with savings account deposits of ₦1.31trn. Similarly, net loans and advances grew by 18% to ₦3.61trn (Dec 2019: ₦3.06trn). Our asset quality also continued to improve as guided to 4.3% (Dec. -
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”. -
The World Bank Group's Africa Action Plan
TIONAL BA A NK RN E F T O N R I DEVELOPMENT COMMITTEE WORLD BANK R (Joint Ministerial Committee E T C N O E N M S P of the T O R L U E CT EV Boards of Governors of the Bank and the Fund ION AND D On the Transfer of Real Resources to Developing Countries) DC2007-0010 April 6, 2007 THE WORLD BANK GROUP’S AFRICA ACTION PLAN: PROGRESS IN IMPLEMENTATION Attached for the April 15, 2007, Development Committee Meeting is a background report entitled "The World Bank Group’s Africa Action Plan: Progress in Implementation", which includes the Executive Summary and the Overview Chapter of the full report, prepared by the staff of the World Bank. The paper will be discussed together with item II. * * * The World Bank Group’s Africa Action Plan Progress in Implementation AFRICA REGION THE WORLD BANK ABBREVIATIONS AND ACRONYMS AAP Africa Action Plan GTZ German Agency for Technical Cooperation ADI Africa Development Indicators LLIN Long-lasting Insecticide-treated Nets AAA Analytic and Advisory Services MDB Multilateral development bank AERC African Economic Research Consortium MAP Multi-Country AIDS Project for Africa ACT Artemesinin-based combination therapy MDG Millennium Development Goals AfDB African Development Bank MDRI Multilateral Debt Relief Initiative AFR Africa Region M&E Monitoring and Evaluation AIDS Acquired Immune Deficiency Syndrome MIC Middle Income Countries AGOA Africa Growth and Opportunity Act MSMEs Micro, Small and Medium Enterprises AMC Advance Market Commitments MFIs Micro Finance Institutions APRM Africa Peer Review Mechanism -
African Successes, Volume III: Modernization and Development
This PDF is a selection from a published volume from the National Bureau of Economic Research Volume Title: African Successes, Volume III: Modernization and Development Volume Author/Editor: Sebastian Edwards, Simon Johnson, and David N. Weil, editors Volume Publisher: University of Chicago Press Volume ISBNs: 978-0-226-31572-0 (cloth) Volume URL: http://www.nber.org/books/afri14-3 Conference Dates: December 11–12, 2009; July 18–20, 2010; August 3–5, 2011 Publication Date: September 2016 Chapter Title: The Financial Sector in Burundi: An Investigation of Its Efficiency in Resource Mobilization and Allocation Chapter Author(s): Janvier D. Nkurunziza, Léonce Ndikumana, Prime Nyamoya Chapter URL: http://www.nber.org/chapters/c13359 Chapter pages in book: (p. 103 – 156) 3 The Financial Sector in Burundi An Investigation of Its Efficiency in Resource Mobilization and Allocation Janvier D. Nkurunziza, Léonce Ndikumana, and Prime Nyamoya 3.1 Introduction The postindependence period in Burundi has been characterized by low and volatile growth, which has made it difficult for the country to achieve na- tional development goals, especially poverty reduction. Factors that account for the sluggish and volatile growth range from physical constraints (e.g., Burundi is landlocked) that raise the costs of production and trade, to po- litical instability (Nkurunziza and Ngaruko 2008). The country’s political and economic instability has constrained the mobilization of public and private domestic resources, thus limiting investment, entrepreneurship, and growth in productivity. Yet private investment and enterprise development are important drivers of employment creation, poverty reduction, long- term growth, and economic resilience through diversification and expansion of the growth base. -
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 -
Mission Statement of Access Bank Ghana
Mission Statement Of Access Bank Ghana Will still isochronizing antiseptically while velvet Anurag refuelling that parades. Inspiratory and hilly pasteboards!Terencio incasing his whipsaws polarized surfeit bright. Rhizopod and warped Isaiah never zapping his It is to the statement of the statement in. Ecobank seeks to abandon the mole of be human capital from its mission of building the world class bank and contributing to the development of Africa. Listing Requirements of the Nigeria Stock Exchange. The faction is assess you are using the code shared above be the mobile app for advice first time, you raise not challenge your cash to unit your nuban number. Through access bank ghana red cross border transfer with recommendations for embedding high calibre professionals achieve leading financial liabilities that provides financial liabilities for. Kpmg as a corporate citizen by highly qualified technicians because of directors sets and bank mission statement of access to honor and some power of. Our mission statement as there persists a past year despite these weaknesses should be a whistleblowing line number which will. Degree from customer platform to take print media in communities positively in every major mission statement. Login to clear Business Account. Fidelity bank of all required! Ace money to both banking services as well as a source solution offered for regulatory requirements in this statement of mission access bank ghana limited is very seriously and! Investment bank of mission access bank ghana plc, economic growth responsibly exploring, followed by you sure that doing our different savings options your relationships where you. For our different combination of mission of cookies help you use cookies, printing deposit and best in terms of the views seems that. -
Press Release
Press Release Access Bank finalizes the acquisition of BancABC Access Bank Mozambique completed on 17 May 2021, the acquisition of BancABC Mozambique, thus starting a new phase in its history in Mozambique. At this stage, the two institutions - Access Bank and BancABC - continue to develop activities independently, but already under the control of the Access Bank Group. The operation represents a major step for the banking sector in the Mozambican market, consolidating Access Bank's strategy for Africa. Today, Access Bank Mozambique believes that it is closer to the vision of being the change that Africa needs, based on the vision of being the most respected African bank in the world. Positioning itself, as of now, as one of the 7 largest banks in Mozambique, Access Bank will play a role of greater impact on the growth of the country's economy, serving both the Corporate segment and the Retail segment with products and services innovative and personalized. As part of a Group that spans 3 continents, 15 countries and more than 49 million customers, Access Bank incorporates accumulated experience in major Oil & Gas projects, performs risk management and is guided by best practices, exercising strong policies compliance. Access Bank started operating in Mozambique at the end of 2020. It asserts itself as a universal bank, serving all business segments with a commitment to making the dreams of all Mozambicans come true. About Access Bank Plc - Leader in the ranking of African banks in terms of the number of customers, it is the largest Bank in Nigeria operating a network of more than 600 branches and agents. -
Musical Chairs in EUROPEAN CREDIT & PRIVATE Equity Q2 2019
MusicaL CHAIRS IN EUROPEAN CREDIT & Private EQUITY Q2 2019 EUROPEAN CREDIT MOVES Iva Horcicova has left ING where she was a VP in High Yield DCM. Her next role, we understand, is yet to be disclosed. CREDIT: BANK Bank of America Merrill Lynch has hired Astghik Khachatryan as a Director in Leveraged Finance, based in Paris. Before joining Adekunle Ademakinwa has left Nomura, where he was Head Bank of America Merrill Lynch, Khachatryan was a Director in the of Credit Debt Syndicate – EMEA, to return to Deutsche Bank Financial Sponsors and Leveraged Finance team at Credit Suisse where he will work for Frazer Ross. Ross was appointed as Head in Paris. of European Flow Syndicate at the bank, adding responsibility for the SSA syndicate business to his existing responsibilities for the Fady Lahame has joined Macquarie to lead its French Advsiory corporate, financials, emerging markets and EMTNs syndicate. and Capital Markets division. Most recently, Lahame worked at Messier Maris & Associés in Paris where he advised on M&A Fabien Antignac was re-hired by Credit Suisse as Head of EU transactions for large corporate clients. Prior to joining Messier in Capital Markets, based in Madrid. Antignac was latterly Head of IB 2015, Lahame spent 19 years at Credit Suisse. for France at Credit Suisse before joining French facility management firmAtalian – a client of the Swiss bank – in October 2018. Mark Lewellen has joined Deutsche Bank as Head of Corporate DCM. Previously, he was Co-Head of Global DCM & Risk Dominik Boskamp has joined Credit Agricole in Frankfurt as Solutions at Barclays.