BNP Paribas has been named the “Best Credit Derivatives Provider for Asia” in 2008 by “Global Finance” magazine in its “Best Derivatives Providers 2008” awards. The accolade demonstrates the continual success of its Asian fixed income team in its pursuit for greater excellence in credit derivatives industry in this region. BNP Paribas’s outstanding performance also reinforces the solid and stellar feat that the bank has been positioning in the structured credit market in this region.
The winning of the “Global Finance” award is based on nominal objective criteria such as its position on league tables, geographic reach, strategic relationship, new business and innovation in products. Subjective views include the opinions of analysts, rating agencies consultants, customers and others in the financial industry.