BNP Paribas, one of Europe’s largest banks,
reports 2008 second-quarter earnings. CEO Baudouin Prot comments on
earnings and outlook.
Use these links to watch the video interview in the format of your
choice:
Windows Media Player:
http://www.eurobusinessmedia.com/interviewWmp.php?id_article=368
Flash Player:
http://www.eurobusinessmedia.com/interviewFlash.php?id_article=368
Use this link to read the interview transcript:
http://www.eurobusinessmedia.com/transcript.php?id_article=368
Topics covered in the interview include:
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Comments on Q2 earnings
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Tier One ratio vs. peer group
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A resilient business model
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15% ROE throughout the cycle
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Bad debt charges & cost of risk
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French retail revenue guidance
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Update on AMS & life insurance
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Update on Bancwest
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Update on emerging markets
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Acquisition strategy for CIB
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Banking sector consolidation
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Disposals of non-strategic assets
About BNP Paribas:
BNP Paribas (www.bnpparibas.com)
is a European leader in global banking and financial services and is one
of the 4 strongest banks in the world according to Standard & Poor's.
The group is present in over 85 countries, with almost 163,000
employees, including near 127,000 in Europe. The group holds key
positions in three major segments: Corporate and Investment Banking,
Asset Management & Services and Retail Banking. Present throughout
Europe in all of its business lines, the bank's two domestic markets in
retail banking are France and Italy. BNP Paribas also has a significant
presence in the United States and strong positions in Asia and the
emerging markets.
Company finance web site: http://invest.bnpparibas.com/
BNP Paribas
Investor Relations & Financial Information :
investor.relations@bnpparibas.com
or
Véronique
Ormezzano, +33 (0)1 40 14 63 58
or
Béatrice
Bélorgey, +33 (0)1 42 98 46 45
or
Marc
Grouvel, +33 (0)1 42 98 23 40