Retail Banking Emerging Markets

The Retail Banking in the Emerging Markets business has developed rapidly since 2004, and now consists of five times more branches and four times more clients. It has also set up operations in 10 new countries
This change of dimension has been accompanied by restructuring measures, involving the creation of regional platforms and a new commercial strategy focusing on private individual clients and SMEs. These networks with their fast-growing client bases constitute a unique distribution platform for all of the Group’s businesses. Emerging Markets in the world: visit the “Locations”pages.

Mediterranean basin
In Turkey, Türk Ekonomi Bankasi (TEB), whose holding company, TEB Mali, has been 50%-held by BNP Paribas is growing at an accelerated rate. The network has grown to more than 270 branches. Present throughout North Africa, the Group’s over 400 branches represent a unified platform for this fast-growing market. Local subsidiaries hold leading positions in Morocco (no. 3) and Libya (no. 2) for the outstanding loans. The Algerian subsidiary is mainly orientated towards corporate and trade finance and individual clients.

Far East of Europe
In Ukraine, UkrSibbank, in which BNP Paribas acquired a 51% stake in April 2006, is now the country’s 3rd-largest bank in terms of assets and has been named “bank of the year in Ukraine” (by Euromoney and Global Finance). In Russia, the Group invested in the organic development of a local bank network.

Near and Middle East
BNP Paribas is currently implementing a large-scale expansion plan in Egypt. The Gulf States are served by the regional headquarters in Bahrain, which is responsible for five territories: Bahrain, United Arab Emirates, Qatar, Saudi Arabia and Kuwait.
The Group also has operations in Cyprus and Lebanon. A partnership with the International Private Banking business line offers comprehensive wealth management solutions for the entire region.

Asia
In China, the Group is developing a strategic partnership with Bank of Nanjing, in which it holds a 12.6% stake. The two banks have begun to cooperate closely in retail banking and consumer credit as well as processes, risk management and organisation.
In parallel, the Group signed a strategic partnership with the Vietnamese bank Orient Commercial Bank (OCB).

Africa – French overseas departments and territories
BNP Paribas’ operations in Africa are organised around the network of BICI (Banque Internationale pour le Commerce et l’Industrie). With around 100 branches located in six countries (Burkina Faso , Côte d’Ivoire, Gabon , Guinea Conakry , Mali and Senegal ), the Emerging Markets Business manages one of the largest banking networks in French-speaking Africa. The Group also has operations in the Indian Ocean, in Madagascar (BMOI).
In the French overseas departments and territories, it has 55 branches and enjoys prominent market positioning. BNP Paribas set up a new branch in Israel at the end of 2006. Lastly, importers and exporters who are clients of the Emerging Markets Business have access to the teams of international trade specialists working in BNP Paribas' international network of Trade Centres.