BNP Paribas

In Malaysia, BNP Paribas began its business in 1974 with the opening of a representative office in Kuala Lumpur. It obtained the licence to open a branch under the Offshore Banking Licence in 1993 and was enabled to provide Foreign Currency Loans and Derivatives instruments, as well as to issue Ringgit-Denominated Guarantees for companies in Malaysia.

BNP Paribas Peregrine Sdn. Bhd., its Asian Investment Banking arm, was set up in 1999 to conduct Corporate Finance advisory work and Equity Research on Malaysian companies for dissemination to overseas clients. It is now called BNP Paribas Capital Bhd. In 2007, BNP Paribas Asset Management Malaysia Sdn. Bhd.was set up as an integrated investment solutions provider.

BNP Paribas Asset Management Sdn. Bhd. and BNP Paribas Islamic Asset Management Malaysia Sdn. Bhd. became known as BNP Paribas Investment Partners Malaysia and BNP Paribas Investment Partners Najmah Malaysia Sdn. Bhd. respectively, being implemented as part of an internal rebranding exercise of BNP Paribas Investment Partners.

BNP Paribas is one of the five foreign banks and the only European bank who has received in 2010, a full banking licence. BNP Paribas Malaysia Berhard started operations on June 1st, 2011.

With the establishment of BNP Paribas Malaysia Berhad, it now able to offer its clients, comprising multinational subsidiaries, local large corporates, banks & financial institutions or institutional investors, a whole range of diverse and dynamic financial products and services in ringgit and foreign currency to meet their needs.

Due to Bank Negara Malaysia regulation, BNP Paribas in Malaysia are not providing consumer hire purchase financing.