BNP Paribas Hungaria Bank Rt. operates as a joint-venture bank in Hungary. It offers international trade, export finance, energy financing, media and telecom, debt capital market, and ALM and fixed income services. The company’s investment offering includes mutual funds and real estate funds. It also provides professional services to high net-worth private individuals, as well as assists clients in optimizing their forint and foreign-currency investments. In addition, it offers advice on tax, legal, artwork-related, and real estate matters. BNP Paribas Hungaria Bank Rt. serves local subsidiaries or joint ventures of companies, and Hungarian firms. The company was founded in 1990 and is based in Budapest, Hungary. BNP Paribas Hungária Bank Rt. operates as a subsidiary of BNP Paribas. In 2001 BNP Paribas became the sole shareholder of BNP Paribas, Hungary Branch.
The presence and commitment of the BNP Paribas Group as a whole in the Hungarian market has been becoming increasingly visible since then : in addition to the products and services of Magyar Cetelem Rt., the BNP Paribas Lease Group and Cardif, which deal respectively in consumer loans, leasing and credit insurance, the fleet-management services of Arval as well as selected Parvest investment funds are now also available in Hungary.
Combining the experience, the financial strength and extensive network of the BNP Paribas Group as well as the local staff's expertise, the bank is well qualified to serve large and medium-sized corporate as well as private clients. The wide variety of financing and cash management solutions, risk and liquidity management tools offered to our clients as well as the widening activities of our regional project finance team provide a competitive advantage to both our customers and to the bank itself. Special attention is paid to co-operation with financial institutions and banks as clients and partners. BNP Paribas Private Banking, offering services to high net worth individuals, is one of the market leaders in Hungary with respect to the quality of services provided and its extensive investment product portfolio.
Their aim is to encourage their clients to become long-term partners. This they do by adapting the products of their parent bank to their particular needs, constantly developing new and improved products, and by continuously raising the quality of their services.