The BNP Paribas Group activities in Luxembourg

The biggest employer of the Luxembourg financial sector

Activities of BGL BNP Paribas

Retail Banking

BGL BNP Paribas’ Retail Banking business line offers its clients (private individuals,
professionals and entrepreneurs) a set of products and services ranging from daily banking
to financing, as well as savings, bancassurance and investment products. It has one of the
widest ranges of retail banking products in Luxembourg, including private leasing. The
Retail Banking network in Luxembourg has 30 branches serving more than 180,000 clients.

BGL BNP Paribas Banque Privée

BGL BNP Paribas Banque Privée provides clients who live in Luxembourg or the Greater
Region with comprehensive and customized financial and wealth management solutions. It
serves more than 3,700 clients through its 4 private Banking centers in Luxembourg.

Wealth Management

Wealth Management targets an international client base, in particular business owners
and families, supporting them in their specific needs by means of tailored asset and
financial management solutions, in addition to a suite of high-quality services: investment
advice, discretionary management, wealth planning and organization, asset diversification
and financing.

Corporate Banking

Through its Corporate Banking business line, BGL BNP Paribas is Luxembourg’s number one
banking partner for large firms, the public sector and institutions, social organizations, real
estate professionals and start-ups. The product range is structured around different areas
such as Financing (classic, project, transfers and acquisitions, real estate), Trade (letters of
credit, documentary loans), Cash Management (cash pooling, multibank cash management
tools, cards programs,…), Rate risk coverage (exchange, interest) and Escrow Accounts. As
part of the BNP Paribas Group, BGL BNP Paribas also gives its 5,000 corporate clients access
to all of the Group’s specialist business expertise and services.

Corporate and Institutional Banking

Corporate and Institutional Banking offers products and services related to the capital and
financing markets in Luxembourg to corporate and institutional clients.

BGL BNP Paribas Development

BGL BNP Paribas Development was created in 2021 to support Luxembourg businesses by
acquiring minority interests. Through direct investment in unlisted Luxembourg commercial,
industrial and technology companies, the bank intends to play a role in their organic and
external growth plans and to support them in business transfers.

Other activities of BNP Paribas in Luxembourg

BNP Paribas Asset Management Luxembourg

With assets of more than EUR 120 billion under management at the end of 2022, BNP
Paribas Asset Management Luxembourg
is a management company licensed to manage
UCITS and AIFs. As a cross-border Luxembourg fund distribution platform, BNP Paribas
Asset Management Luxembourg has taken up a key support role for the whole of the BNP
Paribas Asset Management organization, and aims to generate long-term returns for its
clients, following a unique philosophy based on the sustainability of its funds’

BNP Paribas, Securities Services business

BNP Paribas, Securities Services business offers solid, renowned expertise and an
unparalleled knowledge of fund administration and custody, international bond issues and
the associated financial engineering. On 31 December 2022, assets under administration
totalled EUR 435 billion, and custodian banking assets EUR 496 billion. 1,658 funds were
under administration. This select partner, certified as a Socially Responsible Company by
INDR**, is also the number one listing agent for bond issues on the Luxembourg stock
exchange, and is ranked top Private Capital fund custodian in Luxembourg (Monterey

Cardif Lux Vie

Cardif Lux Vie provides a vast range of life insurance solutions (savings and pension) for
retail and professional clients through bancassurance and brokerage networks in
Luxembourg and the Greater Region. The company also provides wealthy international
clients with custom offers through a vast network of prestigious partners. Assets under
management totalled EUR 29,2 billion at end-2022.

Arval Luxembourg

Arval Luxembourg offers its clientele of private individuals, professionals, SMEs, large
international companies and public bodies bespoke solutions designed to optimise their
transport and outsource the risks associated with managing a vehicle fleet. Its staff
provide expert advice and impeccable service – core elements of the Arval brand promise
– on a daily basis. The fleet managed by Arval Luxembourg comprised over 13,500
vehicles at the end of 2022.

BNP Paribas Lease Group Luxembourg

BNP Paribas Lease Group Luxembourg is the leading service provider in the local
financial leasing market and offers attractive equipment financing solutions to its
professional clients.

BNP Paribas Leasing Solutions S.A.

BNP Paribas Leasing Solutions S.A. (the holding entity of the leasing business and a
subsidiary in which BGL BNP Paribas holds a 50% stake), operates under the BNP Paribas
Leasing Solutions banner to offer a wide range of leasing and financing solutions to
businesses and professionals. BNP Paribas Leasing Solutions is one of Europe’s top leasing
and finance specialists and mainly covers two major types of equipment : vehicles and
technological hardware.

BNP Paribas Real Estate

BNP Paribas Real Estate offers tailored solutions with support at every stage of a real
estate project, drawing on the expertise of 6 real estate lines : property management,
valuation, advice, transaction, promotion, investment management.

BNP Paribas Real Estate Investment Management

BNP Paribas Real Estate Investment Management offers a range of real estate funds to
institutional investors worldwide.

**Institut National pour le Développement durable et la Responsabilité sociale des entreprises (INDR)