For more than 50 years, BNP Paribas has assisted Canadian corporations and institutions in their business development, by offering a complete range of specialized financial services and investment products. Its expertise is widely recognized by participants in the commodities markets and financial institutions. Canadian exporters benefit from its extensive international network.
With offices in Montreal and in Toronto, BNP Paribas offers a combination of clear understanding of the Canadian landscape and international expertise acquired in close to 72 countries by the Group’s more than 202 employees.
In Canada, BNP Paribas is one of the dominant foreign banks in the country and is committed to building long-term relationships with its clients, supporting them in their business strategies and meeting their corporate and investment banking needs, locally as well as abroad.
BNP Paribas in Canada is very much involved in developing relations with the business community, including financial institutions, companies performing in the Energy & Commodities sector, and large corporates.
Very old relationships between forerunners of BNP Paribas and Canada
19th century: Two BNP Paribas forerunners, Banque de Paris et des Pays-Bas (Paribas) and CNEP (Comptoir national d’escompte de Paris), established relationships with Canada early on. They indeed participated in many bond loans issued by Canadian entities such as the province of Quebec. In 1880, Paribas becomes the main stockholder of the new CFFC (Crédit foncier franco-canadien).
1961: Société Financière pour le Commerce et L’Industrie Ltd (SFCI) establishes as a Canadian Chartered Bank at Tour de la Bourse in Montreal.
1981: SFCI becomes Banque Nationale de Paris and moves to 1981 McGill College Avenue.
1993: Privatization of the Banque Nationale de Paris Group
2000: Merger of Banque Nationale de Paris and Paribas
2006: BNP Paribas purchases Banca Nazionale del Lavoro (BNL), Italy’s sixth largest bank.
2009: The acquisition of Fortis (representing 27 countries) results in making BNP Paribas the bank with the largest deposit base in the Eurozone.
2013: BNP Paribas in Canada becomes an operational hub for the Group’s activities in North America.
2014: Opening of the BNP Paribas SA branch
BNP Paribas has been a strong supporter of tennis throughout the world for more than 40 years. In Canada, BNP Paribas is a proud title sponsor of the Davis and Fed Cups as well as a partner of the annual Rendez-Vous des Maîtres. In March of each year, tennis fervor is brought to the Californian desert where the prestigious BNP Paribas Open is held.