Banken for en verden i endring The bank for a ... - BNP Paribas

outlook
FRENCH
RETAIL BANKING
For 2007, the priorities for FRENCH RETAIL
BANKING are to:
• Continue improving the satisfaction of individual
customers, by pressing ahead with the branch
refurbishment programme and innovation efforts,
especially with respect to financial savings services
and personal protection insurance products;
• Consolidate its no. 1 position in the French private
banking market, by developing wealth management
services, helping client advisors to bolster their
skills and expertise, and pursuing product innovation
efforts;
• Capitalise on the success of the Business Centres
among corporate clients in order to (i) expand crossselling
of all the Group’s products and services,
including BNL’s Italian desks; and (ii) to become
the main bank for growing businesses;
• Enhance productivity gains with respect to both sales
agreements and the back offices where processes will
continue to be computerised and streamlined.
INTERNATIONAL
RETAIL BANKING AND
FINANCIAL SERVICES
In 2007, INTERNATIONAL RETAIL BANKING
AND FINANCIAL SERVICES will implement an
ambitious strategy in all of the regions where it does
business. Its focus will be on:
• Consolidating its leading positions in Retail
Financial Services in Europe – especially France
and Italy – by stepping up innovation efforts and
pursuing productivity gains;
• Implementing the organic growth plan at BancWest
by expanding its branch network and rolling out its
expanded product offering across the entire network;
• Strongly increasing activities in emerging markets
and continuing to open branches in far eastern
Europe and around the Mediterranean basin
(190 branch openings planned), taking full advantage
of potential synergies between the networks and
the Group’s product platforms (consumer lending,
leasing, credit protection insurance, etc.);
• Leveraging acquisition-related cost savings.
ASSET
MANAGEMENT
AND SERVICES
In 2007, the AMS core business will continue to deploy
its value-creating profitable growth model, by:
• Focusing on organic growth, boosted by positive
structural trends both in Europe and increasingly in
emerging countries;
• Capitalising on new areas for growth in Italy, where
the Bank is to roll out a private banking network
with BNL and consolidate its product offering, especially
in terms of asset management and insurance.
Asset Management and Services is aiming at going on
with its fast organic growth.