BNP Paribas in Philippines
In 1975, BNP Paribas opened a representative office in Manila and two years later, became a licensed offshore banking branch.
BNP Paribas Manila Offshore Branch offers a broad range of products and services to its institutional clients, including interest rate and foreign currency hedging, bond underwriting, loan syndication, project finance, leverage and acquisition finance and commodity derivatives. We also provide facilities in foreign currency including working capital, trade finance, correspondent banking and FX services. Foreign currency deposits may be accepted from non-residents. As an Offshore Bank, transactions take place exclusively in foreign currencies, not Philippine Peso nor resident deposits.
Our Manila branch takes full advantage of the BNP Paribas' worldwide network. This gives us access to specialised services such as structured finance, fixed income, asset management and investment services.
BNP Paribas Manila deal with an exclusive group of clients. These include multinational corporations, large conglomerates and many of the top 1,000 Philippine corporations. Our specialists provide financial advice to Philippine correspondent banks and financial institutions. Institutional and high net worth individuals also benefit from our expertise in Asset Management.