Established in South Korea since 1976 with a full banking licence, BNP Paribas combines global expertise and local know how for the benefit of its customers, from large Korean and international companies to individuals.
BNP Paribas employs over 500 people in South Korea and provides banking, financing, advisory and asset management services to its local and overseas clients, including corporations, financial institutions, and institutional investors. To individuals, it provides life insurance and asset management products.
In 2002, BNP Paribas strengthened its local presence by forging a strategic alliance with Shinhan Financial Group, one of the largest banking and financial groups in South Korea. BNP Paribas is now its second largest shareholder.
BNP Paribas has successfully developed its activities with Shinhan through joint ventures in Asset Management. Shinhan BNP Paribas Asset Management Company resulted from this joint venture to offer a unique set of tailor-made product and service capabilities to the local asset management market. Today, it is recognized as one of the best asset management companies in South Korea.
BNP Paribas in Asia Pacific
In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 18,000 employees* and a presence in 13 markets, BNP Paribas provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.
* excluding partnerships