BNP Paribas Fortis, S.A., N.V., Sucursal en España (formerly Fortis Bank, S.A., S.E.)

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, S.A., N.V., Sucursal en España operates as a branch of BNP Paribas Fortis SA (Belgium).

Bank Category
Branches of foreign banks

Services
Private Banking
Corporate Banking
Online Brokerage

In 2016 total assets of BNP Paribas Fortis, S.A., N.V., Sucursal en España were 929,97 mln EUR.

Total Assets (2016)
929.97 mln EUR  (-8.73%)
Number of Employees (2016)
189

BNP Paribas Fortis, S.A., N.V., Sucursal en España participates in deposit guarantee scheme of Belgium. This scheme covers accounts up to 100 000 EUR per bank per depositor.

BNP Paribas Fortis, S.A., N.V., Sucursal en España is located in Madrid.

Address
Cl Emilio Vargas, 4, 28043, Madrid, Spain
BIC (SWIFT)
GEBAESMMBIL
MFI ID
ES0167

Business Summary

Services
private banking
corporate banking
online brokerage

Financial Positions

Total Assets (2016)
929.97 mln EUR  (-8.73%)

In 2016 total assets of BNP Paribas Fortis, S.A., N.V., Sucursal en España were 929.97 mln EUR. Decline compared to the previous period (2015) was -8.73%. The evolution of the total assets of BNP Paribas Fortis, S.A., N.V., Sucursal en España is shown at Chart 1 below.

Total Assets of BNP Paribas Fortis, S.A., N.V., Sucursal en España.

Chart 1. Total Assets of BNP Paribas Fortis, S.A., N.V., Sucursal en España.

Recent changes in total assets of BNP Paribas Fortis, S.A., N.V., Sucursal en España and its main components are shown in Table 1.

2015 2016 % change
Loans to other clients 529.4 397.0 -25.00%
Loans to banks 419.4 479.8 +14.41%
Total Assets 1 018.9 930.0 -8.73%
Table 1. Recent changes in total assets of BNP Paribas Fortis, S.A., N.V., Sucursal en España (mln EUR).

Recent changes in total liabilities of BNP Paribas Fortis, S.A., N.V., Sucursal en España and its main components are shown in Table 2.

2015 2016 % change
Bank deposits 312.9 205.8 -34.25%
Deposits from other clients 469.7 488.8 +4.06%
Total Liabilities 1 018.9 930.0 -8.73%
Table 2. Recent changes in total liabilities of BNP Paribas Fortis, S.A., N.V., Sucursal en España (mln EUR).

Profit and Loss

Operating Income (2016)
14.64 mln EUR

Recent changes in gross profit of BNP Paribas Fortis, S.A., N.V., Sucursal en España and its main components are shown in Table 3.

2015 2016 % change
Net Interest Income 24.6 10.0 -59.40%
Net Commission Income 39.0 43.6 +11.71%
Table 3. Recent changes in gross profit of BNP Paribas Fortis, S.A., N.V., Sucursal en España (mln EUR).

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 branches of Belgian banks operating abroad participate in the deposit guarantee scheme of Belgium.

In the case of BNP Paribas Fortis, S.A., N.V., Sucursal en España 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

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

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, S.A., N.V., Sucursal en España and its components are shown in the table below.

BIC  GEBAESMMBIL
Bank BIC Code  GEBA
Country Code  ES (Spain)
Location Code  MM
Branch Code  BIL

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, S.A., N.V., Sucursal en España is shown in the table below.

MFI ID  ES0167