Annual Report - BNP Paribas

The BNP Paribas Group
BNP Paribas is a European leader in banking and fi nancial
services, with a signifi cant and growing presence in the United
States and leading positions in Asia. The Group has one of
the largest international banking networks, a presence in over
85 countries, with almost 163,000 employees, including over
126,000 in Europe. BNP Paribas enjoys key positions in its three
core businesses:
Corporate & Investment Banking (CIB)
Retail Banking, comprising three divisions:
French Retail Banking (FRB)
Italian Retail Banking: BNL banca commerciale (BNL bc)
International Retail Services (IRS)
Asset Management & Services (AMS)
Return on equity
(in%) (****)
16.8
14.3
21.2
20.2
2003*
2004*
2005**
2006**
2007**
19.6
Market capitalisation
(in billions of euros)
Source: Bloomberg
47.2
45.1
57.3
76.9
67.2
2003
2004
2005
2006
2007
(*) Under French GAAP.
(**) Under International Financial Reporting Standards (IFRS) as adopted by the European Union.
(***) Adjusted for the impact of the 2006 rights issue on years 2003 to 2005.
(****) Return on equity is calculated by dividing net attributable income (adjusted for interest
on undated super subordinated notes deemed equivalent to preferred shares issued by
BNP Paribas SA and treated as a dividend for accounting purposes) by average equity
attributable to equity holders of the parent at 1 January and 31 December of the period
concerned (after distribution and excluding undated super subordinated notes deemed
equivalent to preferred shares issued by BNP Paribas SA).
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