40 years of BNP Paribas presence in Korea

Reading time : 3min Nombre de likes : 0 likes
BNP Paribas Historical Archives 2016

BNP Paribas Historical Archives

Tags : .

From the 19th century, Asian trading centres became strategic for European banks. The forerunners of BNP Paribas have been there since 1860, to support the development of trade in India, China, Japan… In 1976, BNP opened a branch in Seoul. To celebrate BNP Paribas 40 years of uninterrupted presence in Korea, let us take a look back at a few milestones.

1900



> 1976
  BNP opens a branch in Seoul   

> 1977  Paribas opens a branch in Seoul

Archives historiques BNP Paribas
BNP Seoul 1996 – BNP Paribas Historical  Archives

2000



> 2000

Following a global merger, BNP Paribas Seoul branch  is established.

> 2001
Cardif is established.
BNP Paribas becomes shareholder of Shinhan Financial Group with 4% stake. BNP Paribas and Shinhan Group sign a partnership agreement.

> 2002
Cardif and Shinhan forms a joint-venture, the SH & C Life Insurance Compagny (50/50%) specialized in bancassurance.

BNP Paribas Asset Management acquires 50% of the capital of Shinhan Investment Trust Management Company.

Foundation of BNP Paribas Perigrine Securities Brokerage Korea Co. Ltd. (currently BNP Paribas Securities Korea Co. Ltd.)

Archives historiques BNP Paribas
BNP Paribas Cardif 2013

> 2005
Fortis Bank
(today BNP Paribas Fortis) opens a representative Office

> 2009
The participation of BNP Paribas Assurance in the capital of SH & C Life Insurance is increased
from 50% to 85%. SH & C Life Insurance is renamed Cardif

The asset management company is renamed Shinhan BNP Paribas Asset Management Company

 > 2012
Cardif in Korea changed its name from Cardif Life Insurance to BNP Paribas Cardif Life Insurance

To go further, flip through the brochure “Celebrating 40 years in Korea”

BNP Paribas Historical  Archives
BNP Paribas Historical  Archives

From january 2017 onwards, follow our saga”BNP Paribas in Asia”

Aimer cette page

Did you enjoy this story ?

You may also be interested in these articles !