BNP Paribas Fortis SA

In 2009 Belgian Fortis Bank was merged into BNP Paribas Group, forming BNP Paribas Fortis. BNP Paribas Fortis offers a broad range of financial products and services to various customer groups: individuals and families, high-net-worth individuals, entrepreneurs and companies, local authorities and social sector. BNP Paribas Fortis SA is the head bank of BNP Paribas (France).

Services

Private Banking
Corporate Banking
Online Brokerage

Products

Financials

Total Assets (2016)
214.05 bln EUR  (+4.85%)

BNP Paribas Fortis SA is the 2nd largest bank in Belgium in terms of total assets. In 2016 its total assets were 214,05 bln EUR, providing the bank with the market share of 17.34%.

BNP Paribas Fortis SA is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality). Long-term credit rating assigned to the bank by Moody's is A1 (upper medium grade).

BNP Paribas Fortis SA participates in deposit guarantee scheme of Belgium. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Member of Group

 BNP Paribas (France)

Contacts

Montagne du Parc 3, 1000, Bruxelles, Belgium

BNP Paribas Fortis SA is headquartered in Bruxelles.

Bank Identifiers

BIC (SWIFT)
GEBABEBB
MFI ID
BE0403199702

Business Summary

Services
private banking
corporate banking
online brokerage
Products
consumer loans (5.90 - 5.90 %)
trading accounts

BNP Paribas Fortis SA provides products and services in the areas of private banking, corporate banking, online brokerage. The range of products offered by BNP Paribas Fortis SA includes consumer loans (5.90 - 5.90 %), trading accounts.

Products

Consumer Loans

Consumer loans are secured or unsecured (i.e., backed or non-backed by a collateral) loans provided to retail customers for personal, family, or household purposes or for purchase of goods and services. In terms of repayment, consumer loans can be revolving (when a credit limit can be spent, repaid and spent again) or installment (such a loan is repaid in equal installments until the loan is paid off at the end of its term). Consumer loans offered by BNP Paribas Fortis SA are shown in the table below.

Updated on 16 July 2018

Sales Region
Belgium
Loan Currency
EUR
Min Effective Rate (p.a.)
5.90 %
Loan Term (months)
43 - 54

Belgium: This product is offered to Belgian residents only. When clicking on the product link you will be redirected to the product page in Dutch, French or German.

See Also

Trading Accounts

Trading accounts are used to execute trade transactions involving buying and selling various financial instruments, for example, stocks, bonds, futures and options. Trading accounts can hold both cash and securities.

Trading accounts made with BNP Paribas Fortis SA are covered by investor compensation scheme of Belgium up to 20 000 EUR per investor. Trading accounts offered by BNP Paribas Fortis SA are shown in the table below.

Updated on 16 July 2018

BNP Paribas Fortis BE
Sales Region
Belgium
Annual Costs (EUR)
0.00
Costs per Order (EUR)
25.00
Trading Account Details
Product Name
BNP Paribas Fortis BE
Annual Costs
0.00 EUR
Costs per Order
25.00 EUR
Traded Instruments
stocks
bonds
ETFs
funds
options
certificates
Stock Exchanges
XETRA
Frankfurt
NYSE

Belgium: This product is offered to Belgian residents only. When clicking on the product link you will be redirected to the product page in Dutch, French or German.

See Also

Financial Positions

Total Assets (2016)
214.05 bln EUR  (+4.85%)

In 2016 total assets of BNP Paribas Fortis SA were 214.05 bln EUR. Growth compared to the previous period (2015) was 4.85%. The evolution of the total assets of BNP Paribas Fortis SA is shown at Chart 1 below.

Total Assets of BNP Paribas Fortis SA.

Chart 1. Total Assets of BNP Paribas Fortis SA.

Market Share and Rank (among banks in Belgium)

Total Assets (2016)
2nd (market share 17.34%)

In 2016 BNP Paribas Fortis SA was ranked the 2nd largest bank in Belgium in terms of total assets, having 17.34% of the domestic market share.

Market share of BNP Paribas Fortis SA (among banks in Belgium)

Chart 2. Market share of BNP Paribas Fortis SA (among banks in Belgium)

Several banks having the market shares and ranks closest to BNP Paribas Fortis SA are shown below.

RankNameTotal AssetsMarket Share
1 KBC Bank NV239333.00 mln EUR19.38%
2 BNP Paribas Fortis SA214051.99 mln EUR17.34%
3 Belfius Bank176721.00 mln EUR14.31%
 

Credit Ratings (as of May 2018)

Fitch Moody's
A+ (high credit quality) A1 (upper medium grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. BNP Paribas Fortis SA is rated by Fitch and Moody's.

Credit ratings assigned to BNP Paribas Fortis SA as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for BNP Paribas Fortis SA it is set to A+ (high credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for BNP Paribas Fortis SA is set to F1 (highest short-term credit quality).

Long-Term Issuer Default Rating  A+
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F1
Viability Rating  a
Support Rating  1
Support Rating Floor  WD

Viability rating for BNP Paribas Fortis SA is set to a (high fundamental credit quality); support rating is 1 (extremely high probability of external support); support rating floor is WD (withdrawn).

Moody's

Long-term rating for BNP Paribas Fortis SA it is set to A1 (upper medium grade). Long-term bank deposit rating is A1 (upper medium grade). Baseline credit assessment is baa1. Short-term rating is not assigned.

Long-Term Rating  A1
Long-Term Bank Deposit Rating  A1
Baseline Credit Assessment  baa1
Short-Term Rating  -
Outlook  stable

Outlook for the ratings of BNP Paribas Fortis SA is set to stable (not likely to change).

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Belgium are obliged to participate in Belgian deposit guarantee scheme.

In the case of BNP Paribas Fortis SA failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Accounts  time deposit, sight and savings accounts
Covered Currencies  EEA currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of BNP Paribas Fortis SA and its components are shown in the table below.

BIC  GEBABEBB
Bank BIC Code  GEBA
Country Code  BE (Belgium)
Location Code  BB
Branch Code  -

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of BNP Paribas Fortis SA is shown in the table below.

MFI ID  BE0403199702

European Presence: 5 banks in 5 countries

BNP Paribas Fortis SA operates under the brand name BNP Paribas Fortis. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Belgium

  •  (this bank) BNP Paribas Fortis SA (Bruxelles)

France

Germany

Romania

Spain

Defunct Banks: 10 banks in 10 countries

The following banks operating under BNP Paribas Fortis brand name has been recently closed down:

Cayman Islands

Czech Republic

Denmark

Finland

Hungary

Netherlands

Norway

Portugal

Sweden

United Kingdom