BNP Paribas Asia-Pacific's strategy bearing fruit
Bank is confident its revenues from the region are on track to meet or even exceed expectations, says CEO.
EVEN though there is some pessimism that Asia-Pacific growth is slowing faster than expected amid anaemic global growth, BNP Paribas Asia-Pacific's business is gaining momentum as its strategic focus on corporate, investment and private banking begins to bear fruit. As such, the bank is confident that its revenues from the region are on track to meet and maybe exceed expectations, said chief executive officer Jean-Laurent Bonnafe.
"There is a high probability we'll get abov…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Hotel Properties prices 5-year notes at 5.1%
Apple to hold launch event on May 7, with new iPads expected
OUE Reit obtains S$600 million unsecured sustainability-linked loan
US: Wall St opens higher as more earnings roll in
GE Aerospace raises earnings goal on strong engine sales
BRC Asia to buy 19.9% of steel reinforcement company for S$16 million