The Republic of Serbia has signed an agreement to sell an 83% stake in Novosadska Banka to Erste Bank (Austria). Erste Bank has agreed to pay €73.17m for the 83.28% stake. The transaction is subject to regulatory approvals. With a…

Strong Rise in Revenues and ProfitsNet Banking Income: EUR 5.6 BN (+19.3% *)Net Income Group Share: EUR 1.7 BN (+56.4% *) Strong Growth Across All Core Businesses FRB Accelerating revenue growth trending towards 5%due to new sales and marketing systems…

BNP Paribas is the no. 1 company in the Euro Zone and the 10th worldwide according to the corporate governance index published by the FTSE Group and Institutional Shareholder Services (ISS). The target of this ranking of corporate governance published…

BNP Paribas has been awarded Bank of the year by Global Water Intelligence which is the leading source of market information for the international water industry. BNP Paribas has been nominated bank of the year by an electoral college including…

Sustained growth in business Net banking income: 18,823 million euros (+ 5.0%) Fresh rise in profitability Net income group share: 4,668 million euros (+ 24.1%) After-tax ROE: 16.8% (+ 2.5 pts) Earnings per share: 5.55 euros (+ 28.8%)Dividend increased from…

The Facility was signed on 17 December 2004 in Sofia and was increased from EUR 100,000,000 after raising a substantial oversubscription from the market. Previously state owned, DSK was privatised in October 2003 and OTP acquired 100% control of DSK…

The Chairman of BNP Paribas has been elected President of the European Banking Federation (FBE) for a two-year term. He succeeds Maurizio Sella, President of the Italian Banking Association. At the same time, Hein Blocks, Managing Director of the Netherlands…

The Republic of Bulgaria has sold a 67% stake in its three electricity distribution companies to E.ON Energie AG of Germany, EVN AG of Austria and CEZ a.s. of Czech Republic. E.ON Energie acquired the shares in Elektrorazpredelenie Gorna Oryahovitza…

BNP Paribas has been ranked the 3rd most valuable brand in France in 2004, reflecting the combination of a brand that is both recent and enjoys a rich history anchored in two leading names. The brand scorecard was prepared by…

BNP Paribas’ current organisation is based on a single global client coverage concept in Corporate and Investment Banking (CIB). Under Thierry Varène and Eric Lombard, who becomes Managing Director of the new holding company which unites BNP Paribas’ insurance businesses,…