On the 19 August, AGF agreed to sell its 100% stake in AGF Chile (holding company of AGF Allianz Compañía de Seguros Generales) to Liberty International (part of the Boston-based Liberty Mutual Group, one of the top ten providers of…

BNP Paribas Group via its subsidiary Cetelem, the leading provider of consumer credit in Continental Europe, signed an agreement with Russian Standard Group, the major player on the Russian consumer market, represented by Roustam Tariko, founder of the Group. This…

The Spanish company Actividades de Construcción y Servicios, SA (ACS) has acquired the construction and services company Dragados. BNP Paribas Madrid was the principal arranger of a € 900 million syndicated loan for ACS. The operation was a success, as…

A ranking from February 2004, released by Morgan Stanley Equity Research, rates Cetelem the world’s third Best Provider of Consumer Credit. Second and first are the American giants MBNA and American Express. The ratings underline Cetelem’s professionalism, especially in Risk…

Parvest Japan Small Cap of BNP Paribas Asset Management has been awarded last week for the 2003 best fund invested in Japanese Small Caps by Cinco Días – Lipper among all funds in this category distributed in Spain. Cinco Días…

BNP Paribas and Banca Intesa signed today a definitive agreement whereby the accounts of the Latin American high-net-worth clients of Banca Intesa’s subsidiary Banque Sudameris in Miami (Florida, USA) will be transferred to BNP Paribas’ Miami-based subsidiary, BNP Paribas Investment…

In a deteriorated global economic context, Cetelem consumer finance leader on the Euro zone and subsidiary of BNP Paribas, has established its solidity. The Group’s new business progressed by 8% in 2002, currently reaching €19.9B. For the first time in…

The Spanish economic newspaper “La Gaceta de los Negocios” has awarded Cortal Consors the ranking of “Best online broker in 2003 in Spain”, (Mejor Intermediario por Internet del año 2003). Other firms awarded in different categories were: Sogecable, SCH, Gamesa,…

In a more favorable market environment, Cortal Consors operating income reached 12.0m euros in the 2nd half of 2003, thus showing a very strong increase compared with the breakeven point reached during the first half of the year.In the 2nd…

BNP Paribas Immobilier and Atisreal signed an agreement on 27 January 2004, whereby BNP Paribas Immobilier will take a 49.9% stake in the capital of Atisreal International SAS, the remaining 50.1% being retained by the Vendôme Rome Group and Credit…