Home / Articles / BNP Paribas Group present in China for more than 160 years BNP Paribas Group present in China for more than 160 years Reading time : 6min Nombre de likes : 1 likes Mise à jour le : 29 Dec 2022 Tags :Asia . China It is often as a pioneer that BNP Paribas Group entered into China: by opening an agency in Shanghai since 1860, the Comptoir National d’Escompte de Paris inaugurated a presence that will be interrupted by the troubled Chinese history. The Société Générale de Belgique (Fortis) and BNP forerunners banks bore the cost of, and BNP settled out starting from 1980 in the Middle Kingdom, followed by Paribas in 1994. 1860-1895 The Comptoir National d’Escompte de Paris (CNEP) opens an office in Shanghai, followed by Hong Kong in 1862.Hong Kong is bankrupted in 1878, Shanghai will be closed between 1877 and 1889 and ceded to the Banque Russo-Chinoise (Russo-Chinese Bank) in 1895. Shanghai Habbour, Pacific pursuits: Postcards,China-Shanghai, s. l., s. n., – The New York Public Library, Art and Picture Collection 1896 Société Générale de Belgique (Fortis) buys a stake in Banque Russo-Chinoise (Russo Chinese Bank) Shanghai. Russo Chinese Bank, Sternberg, M. Pacific pursuits: Postcards, China-Shanghai, Hong-Kong, The New York Public Library, Art and Picture Collection 1898 Financing and building of Beijing-Hankow railway line, thanks to an international syndicate, negociated by Banque Parisienne (Parisian Bank), in which are present Banque de Paris et des Pays-Bas (Paribas) et la Société générale de Belgique (Fortis). Tcho-Sang ralway station in 1903 : financing and building of the Pekin- Hankow railway line – BNP Paribas Fortis Historical Collections 1902 Banque Sino-Belge (Sino-Belgian Bank, a Société Générale de Belgique subsidiary) opens an office in Shanghai 1906 Branch opening in Tientsin, where Société Générale de Belgique and Banque d’Outremer> (Overseas Bank) are engaged in industrial projects Tientsin, 1901-1909, The New York Public Library, Art and Picture Collection, Pacific Pursuits: Postcards, China A-Z 1912 Banque Sino-Belge opens a branch in Beijing 1920 Banque Belge pour l’Etranger (Belgian Bank for Foreigners) opens a branch in Hankow 1958 Banque Nationale pour le Commerce et l’Industrie (BNCI) opens an office of representation in Hong Kong, with 3 staff. In 1959, becomes an office. BNCI branch in Hong Kong in 1965 – BNP Paribas Historical Archives 1980 BNP is the first European bank to open a representative office in Beijing and a liaison office in Canton (Guangzhou). 1983-1984 BNP opens a regional office in Shangai and in the Shenzhen special economic zone. BNP CEO, René Thomas, first journey in People’s Republic of China Chinese junk, Shanghai. Pacific Pursuits : Postcards, Art and Picture Collection, The New York Public Library, Art and Picture Collection 1988 BNP signs a cooperation agreement with the Chinese Bank of Agriculture 1992 Creation of International Bank of Paris & Shanghai (IBPS), a BNP-ICBC joint-venture (Industrial & Commercial Bank of China). 3 branches opened: Shenzhen, Tianjin and Canton, and 3 representative offices: Beijing, Tianjun and Chengtu 1994 Paribas opens 4 representative offices: Beijing, Canton, Shanghai and Dalian. 12 staff 2003 BNP Paribas (China) Limited, Shanghai as head office 2005 BNP Paribas acquires a 12,6% stake in Bank of Nanjing . 150 staff. 2014 Creation of a joint-venture between Suning (the biggest electric household appliances’ distributor in China), Bank of Nanjing and BNP Paribas Personal Finance (15% of stake). Joint venture dedicated to consumer credit at point of sales and online credit. Today BNP Paribas (China) Limited is headquartered in Shanghai, and has branches in Guangzhou, Beijing and Tianjin. It also has a sub-branch in Shanghai FTZ and a representative office in Chengdu Currently with nearly 450 staff based in China, BNP Paribas provides banking, financing and advisory services to local and overseas corporations and financial institutions, institutional investors and high net worth clients. Through partnerships, BNP Paribas has developed strategic collaborations with leading local institutions in China, including with Bank of Nanjing in personal, small and medium enterprises and corporate banking: Haitong Securities in asset management (HFT Investment Management), Bank of Beijing in life insurance (BOB-Cardif Life Insurance), Suning and Bank of Nanjing in consumer finance (Suning Consumer Finance), Geely in car financing (Genius Auto Finance) and Shanghai Bashi Car Rental Service in car leasing (Arval Jiutong). Skyline of the Bund, Shanghai, 2011 – © BNP Paribas Aimer cette page 1 likes Partager cette page Linkedin Facebook Twitter Mail Copier le lien de l'article
