For some people, BNP Paribas Malaysia may not be that popular compared to other banks in Malaysia. However, its establishment in 1970 should not be turned down as it means the bank itself has been serving the country for long time.
This bank may not be the native bank of Malaysia, as Banque Nationale de Paris (BNP) owns the stocks in a major number. Given that it is a multinational bank, it is not surprising if the bank itself has spread its wings to neighboring countries.
One of them is Indonesia. Per 2000, the BNP merged with Paribas Bank which later combined their name as BNP Paribas.
As in Malaysia itself, the bank started low with only presenting as a representative office. It is only in 2010 that the BNP Paribas granted the Malaysian representative office full-banking license, meaning the office could operate according to the bank’s setting up for incorporated subsidiary. Now, just like in its origin country, the bank offers various services for its customers.
The bank has a term of IFS International Financial Services, which can be accessible in all foreign bank branches, including in BNP Paribas branches in Malaysia. The IFS will include diversified financial services, such as:
BNP Paribas Branches Services Include
- BNP Paribas personal finance. For this service, the bank offers personal credit solutions for customers living in 28 countries through its financing institutions partners, such as Cetelem, Findomestic, or Cofinoga;
- Retail banking;
- BNP Paribas Cardif, provides savings services and protection solutions towards their assets and warranting their projects;
- Financial advisory;
- Wealth and asset management, and
- Real estate services.
Per 2012, BNP Paribas in Malaysia also involve Islamic-compliant finance solution. This is carried out to support the group intention to provide Islamic activities in its Asia Pacific branches. Hence, not only it can gain new customers, the bank may also compete with other local banks in terms of providing banking services.
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BNP Paribas Branches in Malaysia
For the list of BNP Paribas branches in Malaysia, you can check it in the list below.
BNP Paribas Capital (Malaysia) Sdn. Bhd.
Level 48A, Vista Tower, The Intermark, 182 Jalan Tun Razak 50400 Kuala Lumpur.
Tel: +60 3 2179 8383
Fax: +60 3 217 98201
BNP Paribas Labuan Branch, Kuala Lumpur Marketing Office
Vista Tower, Level 48A The Intermark, 182, Jalan Tun Razak, 50400 Kuala Lumpur.
Tel: +603 2179 8361
Fax: +603 2179 8203
BNP Paribas Labuan Branch
Level 9D, Financial Park Labuan Jalan Merdeka 87000 W.P. Labuan, Malaysia
Tel: +(6087) 422 328/419 103
Fax: +(6087) 419 328