BNP Paribas wishes to caution its clients and the general public to be alert to fake emails, pretending to be sent from BNP Paribas email accounts (for example, emails with punctuation or spelling errors, such as @asiabnpparlbas.com or @asiabnpparibas.com (missing a dot between “asia” and “bnpparibas”) or @asia.bnpparibas.corn).
We would like to remind everyone to please be vigilant to impersonation attempts. If you receive any suspicious emails, which are often identified due to poor spelling, bad grammar and inconsistent information, please do not reply, do not click on any links or open any attachments. We remind all clients to please check carefully before making any transfer of funds and call your BNP Paribas representative to verify if you are not sure or if account details look suspicious.
If you have disclosed personal information or been engaged by a suspicious email, you should contact the Hong Kong Police Force or BNP Paribas at +852 2909 8888.
BNP Paribas wishes to caution its clients and the general public to be alert to phishing attempts, purporting to be sent from BNP Paribas email accounts (with spelling errors, such as @asia.bnpparibaas.com). In the context of the Covid-19 pandemic, we would also like to remind everyone to please be vigilant to increased phishing attempts linked to these topics. If you receive any suspicious emails, please do not reply or open any attachments.
BNP Paribas has recently reported a case to the Hong Kong Monetary Authority and the Hong Kong Police Force.
Anyone who has disclosed personal information or conducted transactions through such a suspicious email should contact the Hong Kong Police Force or BNP Paribas at +852 2909 8888.
BNP Paribas China Ltd has become the first foreign bank to underwrite an onshore corporate bond issued by a Chinese domestic issuer in the China market, after being awarded the Type-A Corporate Bond Lead Underwriting Licence in September this year.
BNP Paribas China Ltd acted as a joint lead underwriter for China Universal Leasing Co. Ltd’s RMB 500 million bond, issued on December 9. The super short-term commercial paper marks the first time a foreign financial institution has worked with a domestic player to issue in the world’s second-biggest market.
CG Lai, CEO of BNP Paribas China Ltd, said: “We are honored to become the first foreign bank to underwrite a bond issued by a Chinese domestic company, underscoring our consistent commitment to China. As a fully-licenced bank, BNP Paribas brings the strength of our comprehensive onshore expertise to continually help more foreign investors navigate China’s market and deepen our engagement in China’s domestic financial market to help our clients achieve their long-term business ambitions.”
George Sun, Head of Global Markets for Greater China, said: ”We are pleased to successfully complete this deal and we will look into more opportunities that can help both onshore and offshore clients tap into the growing potential of China’s domestic bond market. ”
BNP Paribas China Ltd was granted a Type-A licence, allowing it to lead underwrite domestic corporate debt from Chinese companies, from China’s National Association of Financial Market Institutional Investors in September. Previously, BNP Paribas China was awarded the Type B licence in December of 2018.
Ayesha de Kretser +852 2108 5458 firstname.lastname@example.org
BNP Paribas (China) Limited today announced it has been granted membership of the Shanghai Gold Exchange’s (SGE) Main Board. The move will allow the bank to provide even more services to its international and domestic client base.
The granting of this membership means BNP Paribas will be able to fully participate in the Chinese gold market and offer deeper liquidity and a broader product scope.
“Our membership on the main board is an important milestone for BNP Paribas in China, where we have continued to grow our offering. With this move, we will be able to participate in listed gold contracts, gold leasing, and other gold derivatives business,” said BNP Paribas’ Global Markets Head for Greater China, George Sun.
“BNP Paribas is a world leader in commodities trading, including in the precious metals space. Through our participation on the main board, we hope to help boost China’s positioning as a global centre for gold trading,” said Mikko Rusi, BNP Paribas’ Head of FX, Local Markets & Commodity Derivatives for Asia Pacific.
Since starting bilateral gold trading on the SGE in May 2017, BNP Paribas (China) Limited’s gold business has expanded to include Spot, Swaps and Options trading. In April 2019, the bank was awarded the Best Growing Institution in the over the counter market by the SGE.
SGE was established by People’s Bank of China, and upon State Council approval in October 2002, it has been the world trading centre for gold, silver and platinum. In 2018, SGE became the second biggest gold exchange market globally by volume.
Ayesha De Kretser +852 2108 5458 email@example.com
We deeply apologise for the offence caused by a social media post that was expressed on one of our employees’ personal accounts.
The views expressed in the post do not reflect the views of BNP Paribas.
We have spoken to the employee, who has since deleted the post, and we have taken immediate action regarding this matter.
While we respect our employees’ freedom of expression, we do not tolerate language that is disrespectful.
We expect all of our employees to communicate respectfully at all times and we strongly condemn any action or behaviour that contributes to division.
BNP Paribas China Limited today announced that it has received the Panda Corporate Bond Lead Underwriting Licence Type B from China’s National Association of Financial Market Institutional Investors.
The licence allows BNP Paribas China to act as a lead underwriter on renminbi-denominated bonds, also known as Panda Bonds, issued by foreign corporate issuers.
CG Lai, BNP Paribas China’s Deputy Chief Executive Officer, said: “The licence is significant as China continues to promote its domestic bond market. With the growing maturity of multi-national corporations’ operations onshore in China, foreign parent companies are increasingly seeking to tap the domestic bond market as an important and highly cost-effective source of RMB funding to support their Chinese expansion needs.”
“With this licence, BNP Paribas China can also help international issuers to tap the world’s largest RMB liquidity market for their offshore projects, which is key to promoting the RMB’s internationalisation,” said Mr Lai.
BNP Paribas is only the third international bank to receive such a licence. The bank was previously licenced to act as an advisor and syndicate member for corporate Panda Bonds, participating in issuances for a number of MNC clients as more foreign companies look to fund their onshore activities in China in RMB.
George Sun, Head of Global Markets for Greater China, said: “This senior underwriting licence will help us to attract more foreign issuer participation in China’s bond market. This will help widen the issuer pool beyond Chinese issuers, as well as increase inbound foreign investment. We see this as a significant step forward in China’s financial market liberalisation.”
BNP Paribas’ presence in China dates back to 1860 when it opened its first office in Shanghai. Today, with nearly 500 staff based in China, BNP Paribas provides banking, financing and advisory services via its Corporate & Institutional Banking and international financial services.
Saima Farooqi +852 9880 2952 Saima.Farooqi@asia.bnpparibas.com
BNP Paribas today announced senior appointments in its Transaction Banking team in Asia Pacific:
- Mahesh Kini, Head of Cash Management, Asia Pacific
- Zoran Lozevski, Head of Global Trade Solutions, Asia Pacific
- Timothy Lee, Head of Transaction Banking, Greater China
- Louise Zhang, Head of Transaction Banking, China
- Michael Reid, Head of Transaction Banking Australia and New Zealand
Mr Kini will help to deepen BNP Paribas’ cash management capabilities for clients in the region and looking to bolster connectivity globally. He will report to Head of Transaction Banking for Asia Pacific, Chye Kin Wee. During an international career spanning 23 years working across China, Singapore and India, Mr Kini has held the roles of Managing Director, Head of Global Transaction Banking, China and Head of Corporate Cash Management, Greater China at Deutsche Bank. While also at Deutsche Bank he held the role of Head of Cash Management for Corporates, Asia.
Mr Lozevski, a veteran transaction banker in Australia, moved to Singapore to lead and upscale the trade finance franchises in the region. After a successful corporate career, Zoran joined BNP Paribas in 2007 as the Head of Global Trade Solutions, Australia & New Zealand and was promoted to Head of Transaction Banking, Australia & New Zealand in 2013.
Mr Reid succeeded Mr Lozevski and will be responsible for leading the Australian and New Zealand transaction banking teams in collaboration with the regional teams, to deliver a fully-integrated model to corporate clients. Michael joined BNP Paribas from Citigroup and has over 35 years’ experience in financial services, including wholesale banking, trade finance and transaction banking, and more recently Institutional Client Group coverage.
Mr Lee, who has been with BNP Paribas since 2013, has taken on an expanded role as Head of Transaction Banking for Greater China, bolstering connectivity between these important markets and the rest of the world, as well as Asia Pacific. Ms Zhang reports to Mr Lee, who has more than 25 years’ experience in relationship management across Citibank, HSBC and JP Morgan.
Ms Zhang will lead transaction banking specialists across China to grow the franchise by leveraging China’s rapidly growing domestic market and outbound corporate activities. Prior to joining BNP Paribas, Louise spent 11 years with Deutsche Bank China, where she was Deputy General Manager Shanghai Branch and Head of Cash Products for Greater China. She brings a wealth of banking experience working with Chinese regulators as Deutsche Bank’s Global Lead of RMB clearing and key representatives in industry forums and consultation panels on RMB Internationalisation.
BNP Paribas Head of Transaction Banking Asia Pacific, Mr Chye Kin Wee said: “We are pleased to welcome so many senior hires to our existing, deep pool of talent. Their extensive experience will strengthen our position as a leading transaction banking business in the Asia Pacific region.”
BNP Paribas announced Pascal Fischer has taken up the position of Head of Global Markets Asia Pacific, reporting to Eric Raynaud, CEO Asia Pacific and Head of Global Markets, Olivier Osty.
Mr Fischer was most recently Head of Global Markets for Europe, Middle East & Africa, based in London. In July he replaced Pierre Rousseau, who has taken up a new role as senior strategic advisor on Sustainable Business, reporting to Head of Corporate and Institutional Banking Yann Gerardin and Head of Company Engagement, Antoine Sire.
“We are pleased to welcome Pascal to the region, where his global markets expertise will help to position our APAC business for the next phase of growth. Pascal’s strong leadership and strong operational skills will bring extra depth to our governance and risk management whilst continuing to deliver for our clients,” said Mr Raynaud.
Mr Osty said: “We look forward to continuing to grow our global franchise with Pascal taking the helm in Asia Pacific. His deep knowledge of clients and focus on executional capability will help to improve our network capability.”
BNP Paribas wishes to alert its clients and the general public of a phishing email which appears to have been sent from an official BNP Paribas email address (CFMO_HK@asia.bnpparibas.com) containing a malicious attachment.
Effective immediately, the official BNP Paribas email address (CFMO_HK@asia.bnpparibas.com) will no longer be in use.
If you received any suspicious emails, please do not reply nor open any attachment.
BNP Paribas has already reported the case to the Hong Kong Monetary Authority and the Hong Kong Police Force.
Anyone who has disclosed personal information or have conducted transactions through the mentioned email should contact the Hong Kong Police Force or BNP Paribas at +852 2909 8888.
BNP Paribas has been named “Best Bank in Hong Kong” in Asiamoney’s inaugural Corporate Client Choice Survey for 2017.
The award category recognises the best bank in terms of its overall corporate servicing capabilities. Asiamoney asked corporate treasurers to rank banks’ ability to execute six core services across cash management, trade finance, foreign exchange, rates, credit and capital markets services according to the quality of their relationship management.
Paul Yang, BNP Paribas’ Head of Greater China and CEO Hong Kong said: “We’re grateful and humbled to that our corporate clients have judged us the best bank in Hong Kong. I would like to warmly thank them for choosing to bank with BNP Paribas and I look forward to continuing our commitment to providing excellent service to clients.”
BNP Paribas was also recently named Euromoney’s World’s Best Bank for Corporates and Asia Risk’s RMB House of the Year in 2017.