TheBanks.eu Logo
Please direct any queries to the e-mail address below Contact email

BNP Paribas

BNP Paribas is a French banking and financial services institution. BNP Paribas is one of the largest banks in Europe and in the world. BNP Paribas operates globally, offering retail and corporate and institutional banking products and services at both domestic and international markets. BNP Paribas operates as a branch of BNP Paribas Magyarországi Fióktelepe (Hungary).

In 2015 total assets of BNP Paribas were 1 994,00 bln EUR.

BNP Paribas is rated by Fitch, Moody's, Standard & Poor'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). Long-term credit rating assigned to the bank by Standard & Poor's is A (strong capacity to meet its financial commitments). BNP Paribas participates in deposit guarantee scheme of Hungary. This scheme covers accounts up to 100 000 EUR per bank per depositor.

BNP Paribas is located in PARIS.

Address
16 BOULEVARD DES ITALIENS, 75009, PARIS, France
Website
https://group.bnpparibas/
Head of Group
 BNP Paribas (France)
Headquarters
BNP Paribas Magyarországi Fióktelepe (Hungary)
Bank Category
Branches of foreign banks
Total Assets (2015)
1 994.00 bln EUR  (-4.04%)
Credit Ratings (as of Apr 2016)
A+/A1/A
Deposit Guarantee
100 000 EUR
BIC (SWIFT)
BNPAFRPPXXX
MFI ID
FR30004

Financial Positions

Total Assets (2015)
1 994.00 bln EUR  (-4.04%)

In 2015 total assets of BNP Paribas were 1 994.00 bln EUR. Decline compared to the previous period (2014) was -4.04%. The evolution of the total assets of BNP Paribas is shown at Chart 1 below.

Total Assets of BNP Paribas. Chart 1. Total Assets of BNP Paribas.

Credit Ratings (as of Apr 2016)

Fitch Moody's S&P
A+ (high credit quality) A1 (upper medium grade) A (strong capacity to meet its financial commitments)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government.
Of the 'Big Three' rating agencies, BNP Paribas is rated by Fitch and Standard & Poor's.

Credit ratings assigned to BNP Paribas as of April 2016 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 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 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  5
Support Rating Floor  NF

Viability rating for BNP Paribas is set to a+ (high fundamental credit quality); support rating is 5 (there is a possibility of external support, but it cannot be relied upon); support rating floor is NF (no floor; no reasonable presumption of potential support being forthcoming).

Moody's

Long-term rating for BNP Paribas 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 set to Ba1.

Long-Term Rating  A1
Long-Term Bank Deposit Rating  A1
Bank Financial Strength Rating  baa1
Short-Term Rating  Ba1
Outlook  stable

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

Standard & Poor's

Long-term foreign currency rating for BNP Paribas is set to A (strong capacity to meet its financial commitments). Long-term local currency rating is set to A (strong capacity to meet its financial commitments).

Long-Term Foreign Currency Rating  A
    Outlook  -
    Credit Watch  -
Long-Term Local Currency Rating  A
    Outlook  -
    Credit Watch  -
Short-Term Foreign Currency Rating  A-1
Short-Term Local Currency Rating  A-1

Short-term foreign currency rating for BNP Paribas is set to A-1 (strong capacity to meet its financial commitments). Short-term local currency rating is set to A-1 (strong capacity to meet its financial commitments).

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 EEA-banks operating in France participate in deposit guarantee schemes of their home countries. This means that BNP Paribas participates in the deposit guarantee scheme of Hungary.

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

Eligible Depositors  natural persons, legal entities
Covered Currencies  EEA currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  HUF

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 and its components are shown in the table below.

BIC  BNPAFRPPXXX
Bank BIC Code  BNPA
Country Code  FR (France)
Location Code  PP
Branch Code  XXX

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 is shown in the table below.

MFI ID  FR30004