## Overview
BNP Paribas is a French multinational universal bank and financial services holding company, headquartered in Paris. It is one of Europe’s largest banks and a major global player, recognized for its diversified business model that spans commercial and personal banking, investment and protection services, and corporate and institutional banking[3]. The group operates in over 60 countries, employs around 190,000 people, and is listed on Euronext Paris as a component of the Euro Stoxx 50 index[3].
## What the Organization Does
BNP Paribas offers a comprehensive suite of financial products and services to individuals, businesses, and institutions. Its operations are organized into three main divisions: Commercial, Personal Banking & Services (CPBS); Investment & Protection Services (IPS); and Corporate & Institutional Banking (CIB)[3]. The bank is known for its global reach, serving clients across retail, corporate, and investment banking, asset management, insurance, and securities services[3][6].
## History
The roots of BNP Paribas trace back to the 19th century, with the establishment of Comptoir National d’Escompte de Paris (CNEP) and Banque Nationale Pour le Commerce et l’Industrie (BNCI) in 1848[1][2]. These institutions were instrumental in the French banking revolution, introducing branch networks and new services for the middle class[2]. CNEP and BNCI merged in 1966 to form Banque Nationale de Paris (BNP), which became a leading deposit bank in France[1]. Paribas, originally formed in 1872, was a prominent international investment bank[2]. The modern BNP Paribas was created in 2000 through the merger of BNP and Paribas, marking the consolidation of two of France’s most influential financial institutions[3][4].
## Key Achievements
BNP Paribas has grow