2010 BNP Paribas regional mandate is extended to the Middle East and South Africa, for CIB.

BNP Paribas Investment Company KSA is founded in Riyadh. Alain Papiasse, BNP Paribas Head of Corporate & Investment Banking (CIB), visits

the Kingdom of Saudi Arabia and meets with senior government officials and clients.

2011 BNP Paribas regional mandate is extended to the Middle East and Africa, for CIB.

2012 Baudouin Prot, BNP Paribas Chairman, visits the Kingdom of Saudi Arabia and meets with senior government officials and clients.

Jacques d Estais, Head of Investment Solutions and member of the BNP Paribas Executive Committee, visits the Kingdom of Saudi Arabia and meets with senior government officials and regulators.

Jean Lemierre, Advisor to the Chairman, visits the Kingdom of Saudi Arabia, where he meets with senior regulators and stakeholders.

2013 Alain Papiasse, BNP Paribas Head of Corporate & Investment Banking (CIB), visits the Kingdom of Saudi Arabia and meets with clients.

Jean Lemierre, Advisor to the Chairman, visits the Kingdom of Saudi Arabia and meets with government officials and regulators.

BNP Paribas accompanies French President, François Hollande, on an official state visit to the Kingdom of Saudi Arabia to meet with H.M. King Abdullah bin Abdulaziz Al Saud, and the Crown Prince, H.H. Salman bin Abdulaziz Al Saud.

BNP Paribas Investment Company KSA authorised to conduct Managing Investment Funds and Advising activities by the Capital Market Authority (CMA) in the Kingdom of Saudi Arabia, under Licence No. 08114-15 (activity to commence at a later date).

Early years: A time of exploration

BNP Paribas ties with the Kingdom are rooted in the early activities of the various institutions that eventually combined to make up the Group: Banque Nationale de Paris (BNP), Banque de Paris et des Pays-Bas (Paribas) and Société Générale de Banque. Soon after the modern Kingdom of Saudi Arabia was established in 1932, it was evident its rich reserves of hydrocarbons and the ruling family s focus on development would generate growth on a massive scale.

The early recognition shared by BNP Paribas forerunners of the Gulf countries economic potential, as well as the commitment of senior executives to the establishment of a permanent presence in the region, meant contact between the Bank and the Kingdom started early and ramped up quickly. Several key executives visited the Kingdom in the 1960s, including senior managers from the Société Générale de Banque s foreign department accompanying Prince Albert of Belgium (later King Albert II) on trade missions.

In 1967, A. Dralans, deputy manager of Paribas Brussels branch, travelled to the Kingdom and met with prominent government officials. Their discussions paved the way for

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