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).
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.
BNP Paribas Fortis SA is headquartered in Bruxelles.
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.
Last updated 22 September 2017
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|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 April 2016 are shown in details in the following sections.
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+|
|Short-Term Issuer Default Rating||F1|
|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credit quality); support rating is 1 (extremely high probability of external support); support rating floor is WD (withdrawn).
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). Bank financial strength rating is baa1. Short-term rating is not assigned.
|Long-Term Bank Deposit Rating||A1|
|Bank Financial Strength Rating||baa1|
Outlook for the ratings of BNP Paribas Fortis SA is set to stable (not likely to change).
|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|
Any bank can be identified for different purposes and hence can have several different identifiers.
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.
|Bank BIC Code||GEBA|
|Country Code||BE (Belgium)|
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.