BNP Paribas wealth management Monaco

BNP Paribas Wealth Management provides personalized wealth management services to wealthy individuals and their families, professionals and entrepreneurs.

Business Focus
Wealth Management

In 2016 total assets of BNP Paribas wealth management Monaco were 1 994,45 mln EUR.

Total Assets (2016)
1 994.45 mln EUR  (-20.10%)

BNP Paribas wealth management Monaco participates in deposit guarantee scheme of France. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Member of Group
 BNP Paribas (France)

Address
15/17 avenue d'ostende, 98000, Monaco, Monaco
BIC (SWIFT)
BPPBMCMC
MFI ID
FR11498

Financial Positions

Total Assets (2016)
1 994.45 mln EUR  (-20.10%)

In 2016 total assets of BNP Paribas wealth management Monaco were 1 994.45 mln EUR. Decline compared to the previous period (2015) was -20.10%. The evolution of the total assets of BNP Paribas wealth management Monaco is shown at Chart 1 below.

Total Assets of BNP Paribas wealth management Monaco. Chart 1. Total Assets of BNP Paribas wealth management Monaco.

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.

Credit institutions operating in Monaco participate in French deposit guarantee scheme on the same terms as French credit institutions.

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

Eligible Depositors  natural persons, legal entities
Covered Accounts  all deposit accounts (current accounts, demand accounts, passbook accounts, term accounts, home savings accounts, home savings schemes, etc.)
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 wealth management Monaco and its components are shown in the table below.

BIC  BPPBMCMC
Bank BIC Code  BPPB
Country Code  MC (Monaco)
Location Code  MC
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 wealth management Monaco is shown in the table below.

MFI ID  FR11498