BNP Paribas is the world’s eighth-largest bank by assets. The company’s 2017-2020 business development plan lays out aims to significantly grow its investment in technology to US$3.2bn over that period. “More and more of our clients want to do operations online rather than face-to-face,” Jean-Laurent Bonnafé, Chief Executive at BNP Paribas, told the Financial Times. In line with consumer demands, the investment strategy is enabling BNP to accelerate the transition to digital banking while cutting costs by closing physical branches.
HQ: Paris, France
No. of employees: 202,624 (2018)
Chief Digital Officer: Gregory Desfosses
CEO: Jean-Laurent Bonnafé