2009 registration document and annual financial report - AMF

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PRESENTATION OF THE BNP PARIBAS GROUP
Presentation of business lines
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A central team of more than 60 corporate bankers, 200 relationship
managers at 24 business centres and skills officers ensure that BNP
Paribas Fortis is close to the market. Combined with the European network
of business centres, managed within Corporate & Investment Banking,
BNP Paribas Fortis is able to offer unified commercial management to
its Belgian clients locally and abroad.
CORPORATE & INVESTMENT BANKING
Corporate & Investment Banking (CIB) Belgium acts as a hub for BNP
Paribas CIB and supplies Belgian clients with its product offering.
Outside Belgium it provides expertise to CIB globally and links up its
network of business centres with the network of BNP Paribas as part
of the pan-European network.
Global Markets covers Belgian clients and clients of Corporate and
Transaction Banking Europe (except trading of complex products or very
large flows) for Fixed Income. It serves all Belgian clients in Belgium
for Fixed Income and Equity Derivatives, with local sales teams having
access to the whole BNP Paribas Group product range. For corporate
acquisition finance, export finance and project finance activities, CIB
Belgium acts as the structured finance regional platform, serving the
Benelux countries, Northern and Central Europe, Greece and Turkey.
BNP Paribas Fortis expertise is also leveraged in the management of
public-private partnership financing in Europe.
For trade finance and cash management, project competence centres are
responsible for product development, including design and technical and
marketing support. Corporate and Transaction Banking Europe (CTBE)
leverages both the BNP Paribas CIB and the BNP Paribas Fortis CIB
networks. CTBE is present in 16 European countries with over 30 business
centres (outside the domestic retail banking networks). CIB Belgium
serves subsidiaries of Belgian and CIB clients, as well as selected local
clients.
INVESTMENT SOLUTIONS
Fortis Investments, the asset management arm within BNP Paribas
Fortis, has assets under management of EUR 161 billion (1) , employs
over 2,000 people in 34 countries and offers a full range of investment
management services to institutional and retail clients around the
world. Around 500 investment professionals work across a network
of some 40 investment centres, each of which is accountable for the
research and management of a single asset/product class. In the new
Investment Solutions organisation, BNP Paribas Investment Partners will
be maintained as the overall umbrella brand.
BNP PARIBAS FORTIS POLAND
In Poland BNP Paribas Fortis is a universal bank providing savings and
investment products and loans to individual customers and integrated
solutions to companies for financing their businesses in local and
international markets.
The year 2009 saw the successful integration of BNP Paribas Fortis with
Dominet Bank. The legal merger of both banks occurred on 31 July 2009
and the operational integration was effected between 31 July and
4 August. The combined entity has a customer base of more than 400,000
clients, served by 2,600 employees through a network of 258 branches
out of which 8 are business centres.
Specialised services of BNP Paribas Fortis in Poland include:
Fortis Private Investments Poland, a brokerage house specialising
in customer asset management. The company’s offering includes
comprehensive solutions regarding capital market investments –
management of investment fund portfolios and securities portfolios,
as well as investment funds;
Fortis Lease Poland, offering real estate lease and a wide range of
fixed assets, including transport, construction equipment, typesetting
machines and other equipment.
FORTIS BANK TURKEY
Fortis Bank Turkey provides a range of banking and financial services to
its customers. The Bank’s retail banking offerings consist of debit and
credit cards, personal loans, and investment and insurance products. Its
corporate banking services include international trade financing, asset
and cash management, credit services, factoring and leasing. Through
its commercial and small business banking segments, the Bank offers
various investment services to small- and medium-sized enterprises.
Internet and telephone banking are also part of the Bank’s offering. As
of 31December 2009, the Bank had a total of 297 branches countrywide.
Fortis Bank SA/NV is the majority shareholder of Fortis Bank Turkey
owning 94.11% of its shares.
From 2010, BNP Paribas Fortis CIB and Investment Solutions activities will be integrated within BNP Paribas CIB and Investment Solutions activities.
Retail Banking activities, including “Retail & Private Banking” and “Corporate & Public Bank Belgium” will constitute, for their part, a specific
operational entity.
(1)
As of 31 December 2009 .
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2009 Registration document and financial report - BNP PARIBAS