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March 21, 2013 -

The European Press underlines the stability of BNP Paribas

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Jean-Laurent Bonnafé has been ranked Top Banking CEO in Europe by the financial magazine Institutional Investor. For this in-depth ranking, the magazine polled 858 portfolio managers across 460 buy-side institutions towards the end of 2012: portfolio managers were asked to name the best chief executive officers in their respective domains. This is the third time in five years that BNP Paribas’ CEO has been named top banking CEO in Europe by Institutional Investor amongst buy-side analysts. Baudouin Prot was honoured in 2009 and 2010 for his management of the bank through the financial crisis.

This prestigious award follows BNP Paribas nomination as IFR’s Best Bank of the Year in January this year.

In addition, an overview of the stability of the major European banks published by Manager-Magazin.de, a German website, has concluded that BNP Paribas has fared the best over the past year and clearly outstrips the competition. The publication cites the IFR award and points out that BNP Paribas occupies the top position in the CSR index for banks. It also emphasizes the bank’s diversified business model.