AsiaRisk magazine has named BNP Paribas their Currency Derivatives House of the Year, the first regional currency house award given to the bank. This award comes on the heels of other recent forex business successes including being ranked No.1 by financial institutions in Asia-Pacific for four consecutive years in Asiamoney’s FX poll.
AsiaRisk commented that BNP Paribas had “attracted a surging share of the foreign exchange business and glowing client references”. It also noted that BNP Paribas had picked up new customers, had provisioned liquidity during difficult times early in the year and clients had lauded BNP Paribas’ pricing capabilities as well as post trade services.
This award reaffirms the strong market position BNP Paribas enjoys in the FX arena in Asia, validates our long-term strategy of continuous investment and supports our ambitions as a top 5 global FX house.
For the past decade, the Asia Risk awards recognise excellence in financial risk management and derivatives. The winners of this year’s awards possessed an important common strength: they stood firm in the face of adversity and helped clients facing acute risk management challenges at the time of their greatest need.