BNP Paribas was founded on May 26, 1966. The Company is a financial services company specializing in investment, finance, and asset management services. It operates in three core businesses: Retail Banking (RB), which covers Domestic Markets and International Financial Services; and Corporate & Institutional Banking. Domestic Markets include the Company's retail banking networks in the Eurozone. The retail banks are French Retail Banking in France, BNL bc in Italy, BNP Paribas Fortis in Belgium, and BGL BNP Paribas in Luxembourg, and specialised activities consist of Arval (full-service vehicle leasing), BNP Paribas Leasing Solutions and BNP Paribas Personal Investors (savings and online brokerage). International Retail Banking is composed of many entities: BNP Paribas Personal Finance, which offers credit solutions to individuals in approximately 30 countries and via strong brands such as Cetelem in France and Findomestic in Italy; International Retail Banking, which covers the Group's retail banks in 15 non-eurozone countries; and BNP Paribas Cardif provides savings and protection solutions that insure individuals, their personal projects and property in 37 countries. Corporate & Institutional Banking provides risk-management solutions for all asset classes, facilitates client access to funding (bank financing or bond/share issues). It also helps clients to grow by offering strategic advice in mergers and acquisitions as well as advisory solutions in project finance and asset-based funding.
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