The United Arab Emirates: Four decades of economic partnerships
BNP Paribas has been active in the UAE for over four decades, through contributing to the economic development and diversification of the country by offering an extensive global network and expertise in Corporate & Investment Banking and Investment Solutions. Prior to this, the Bank s predecessor, Paribas, was one of the first European banks on the ground through its stake in the Ottoman Bank, which opened a branch in Abu Dhabi in 1962.
The Bank s long-term commitment to the country is built on strong and lasting relationships, and based on a reputation for client-centric and dependable service, explains Philippe Aroyo, Country Head, United Arab Emirates, at BNP Paribas: At BNP Paribas, we re extremely honoured to have accompanied the people of the UAE on their incredible journey since the country was established just over 40 years ago. The Central Bank is a great example of the progress made, developing into a best-in-class regulator and monetary authority, and helping to build a banking industry that we are proud to be part of. It is this type of relationship, stretching over decades, that we cherish most.
From its early days in the country, when the Bank was instrumental in establishing the Bank of Sharjah in 1973, while also opening its first branch in Abu Dhabi, BNP Paribas has been a reliable long-term international financial partner for government and companies in the UAE.
BNP Paribas has built up a strong track record in arranging both conventional and from its worldwide centre of expertise in the Kingdom of Bahrain Islamic financing by arranging landmark transactions for many of the country s most important companies. The Bank has honed its corporate investment banking services in the UAE, offering global transaction banking, corporate finance solutions and services to a wide range of multina- tional corporations.
With a network spanning nearly 80 countries and almost 185,000 employees, BNP Paribas remains close to its UAE clients, acting as a core banker adapting to their changing requirements.
In the UAE, the Bank has branches in the Al Bateen area in Abu Dhabi and Emaar Square in Dubai. To serve high net worth individuals, BNP Paribas has also established a wealth
BNP PARIBAS OFFICES IN ABU DHABI IN 2004
BNP PARIBAS ABU DHABI BRANCH LOCATED IN THE AL BATEEN AREA, 2009
CELEBRATION OF DUBAI OPENING IN EMAAR SQUARE, 10 NOVEMBER 2008
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