The FINANCIAL — BNP Paribas on April 7 announces the celebration of the 50th Anniversary in Hong Kong, underscoring a key milestone in the history of the branch.
Founded in 1958, the BNP Paribas Hong Kong branch is already serving the robust and dynamic regional hub of North Asia region representing one of the most important platforms of the Group outside Europe. All core businesses of the Group are represented in Corporate and Investment Banking (CIB) and Asset Management and Services (AMS). CIB activities are balanced between advisory, capital markets and financing businesses while the AMS division is provided by the private banking and investment partners teams. Today, this region accounts for a core contributor to the Group in terms of business growth.
To honour the celebration of this special occasion, Baudouin Prot, Group Chief Executive Officer, highlights that, “Hong Kong represents our largest establishment in Asia with significant revenue contributions to the BNP Paribas Group.”
“I am confident that Hong Kong will continue to flourish as a result of the opportunities brought about by the burgeoning regional economy. With the continuous development and ongoing projects, I see further growth and strength for our Hong Kong presence as well as North Asia,” he added.
Commenting on the 50th Anniversary in Hong Kong, Mignonne Cheng, Head of North Asia and Chief Executive of BNP Paribas Hong Kong Branch said, “We will continue to grow aggressively in all areas and continue to invest in this region, particularly in China and in the area of human resources.“
“Going forward, we are confident about the future business outlook of this region. Despite the global economic conditions, the Greater China region still presents huge potential for business. We will continue to renew our commitment for the next 50 years.”
BNP Paribas now ranks as one of the top foreign banks in the market and this Anniversary reaffirms our continuous commitment to Hong Kong.
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