BNP Parisbas & BNL Case

Essay specific features

 

Issue:

Business

 

Written by:

Maria B

 

Date added:

April 7, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1196

 

Was viewed:

7662 times

 

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Essay content:

BNP Paribas is also a constituent of the CAC 40 index in France. 1st largest French company and 5th in the banking industry worldwide, 1st bank in the Euro Zone 6th most valuable international banking brand Core Business • Retail Banking • Corporate & Investment Banking • BNL Banca Commeriale • International Retail Services • Asset Management & Services • Other activities Banca Nazionale del Lavoro BNL is the sixth Italian banking group and ranks amongst the top 60 European banks and the top 100 banks in the world in terms of total assets...
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Following the completion of the Public Tender Offer by BNP Paribas S.A. & the ordinary capital of BNL amounts to over 99 per cent. BNL has a strong identity in the Italian market, a strength gained because they have benefit with over 90 years of activity, experience and reliability. What were the main drivers of BNP Paribas` acquisition of BNL & What makes Italy’s retail banking market attractive The main driver for BNP Paribas acquisition of BNL was that in Italy, the top 5 banks had a share of only 35 % of the total banking market, so maybe therefore they saw a unique opportunity in the Italian market...
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