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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1196 |
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This means that they had a high potential and a really good timing.
How has BNP Paribas made BNL more efficient & profitable
As Mr. Baudouin Prot Chief Executive of BNP Paribas said in the article of “BNL boosts BNP Paribas profits†he mentioned that: “BNL had already benefited from being able to draw on BNP Paribas? range of products for commercial & retail costumers...
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BNL were before the acquisition a kind of a midterm bank, meaning that they had a market share, that there were pleased with. BNP saw there were bigger opportunities within the Italian banking market share, so therefore BNP made the restructuring process, so BNL this day to day has obtained a leading position in mortgages and personal loans for the B2C market and in the corporate sector or the B2B market, BNL reaches significant positions in all main lending activities...
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BNP Parisbas & BNL Case
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