the one Bank one team one infrastructure principle, continually striving for opti- misation of operational efficiency and risk control at the service of both external and internal customers. The MEA region remains quite unique as it is one of the few places where all CIB and IS activities are handled by a single team. Our Functions work along- side the business providing the vital support required.
Expanding the Bank s operational presence
In 2010, the Group s operations in the Kingdom of Saudi Arabia entered a new stage with the establishment of the BNP Paribas Investment Company KSA in Riyadh. The company was authorised by the Capital Markets Authority (CMA) to provide securities. The Bank stepped up its regional wealth management services with the establishment the same year of BNP Paribas Wealth Management (DIFC) in the Dubai International Financial Centre (DIFC).
105B N P PA R I B A S I N T H E G U L F S TAT E S A N D I T S C O N T R I B U T I O N T O T H E E C O N O M Y O F T H E R E G I O N