A ranking from February 2004, released by Morgan Stanley Equity Research, rates Cetelem the world’s third Best Provider of Consumer Credit. Second and first are the American giants MBNA and American Express. The ratings underline Cetelem’s professionalism, especially in Risk…

A recent Hay Study, ranking the most admired banks in the world for 2004, has just been released for the American magazine Fortune. This also makes it the top bank in the euro zone since the top Five consist of…

BNP Paribas has combined all of its insurance businesses into a holding company called BNP Paribas Assurance. The brands Cardif, Natio Vie and Natio Assurance will continue to be used throughout the financial services group. The creation of this new…

Arval PHH, BNP Paribas’ car rental services subsidiary, has signed an agreement for the acquisition of 100% of Arma, a company which provides long-term car fleet leasing services, with its main activity in the Netherlands. Arma manages 290 million euros…

For the first time in the life of BNP Paribas Hungária Bank, the Bank participated in an equity emission. The Bank participated in the privatization of Hungarian Land Credit and Mortgage Bank (FHB) as a subscription place between 10 and…

After a 6-month preparation period, the Hungarian Authorities have given green light to the distribution of 10 Parvest sub-funds in Hungary. The registration took place on 11 July 2003. The selection of the registered funds was jointly defined by Private…

BNP Paribas Lease Group has just acquired the Hungarian subsidiary of the Austrian leasing company Leasfinanz. This company, which specializes in leasing trucks and construction machines, will give BNP Paribas Lease Group an immediately operational unit in this EUR 2…

Cetelem, the European leader in consumer finance, and Thai Farmers Bank, the second Thai private banking network, announced on October 29 2001 in Bangkok, the signature of a partnership agreement in the consumer finance sector in Thailand. This agreement, operational…