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BNP Paribas is a European leader in global banking and financial services and one of the strongest banks in the world (Rated AA by Standard & Poor's i.e. 3rd rating on a scale of 22). With a presence in more than 80 countries, including all the main international financial markets, BNP Paribas can boast one of the most extensive global banking networks. The mutually complementary nature of its commercial and financial activities also enables BNP Paribas to play an outstanding role in the provision of Corporate and Investment Banking, Private banking and Asset management.

BNP Paribas Canada has built up 3 major complementary areas of activity, on which the strategic focus of the group's activities is centred and where its financial strength essentially lies. Thanks to the synergies created between the various lines of financial business and between the establishments across the world, BNP Paribas are excellently placed to rise to the challenges which the clients set with the Bank.

BNP Paribas has taken a new step forward in its services to corporate clients with 'One Bank for Corporates in Europe'. It provides integrated banking solutions based on a dynamic cross-selling approach, with a network of 150 business centres in 23 European countries.

BNP Paribas Canada is Schedule II banks in Canada. The Schedule II banks are foreign bank subsidiaries authorized under the Bank Act to accept deposits, which may be eligible for deposit insurance provided by the Canada Deposit and Insurance Corporation. Foreign bank subsidiaries are controlled by eligible foreign institutions.

In Canada, the Office of the Superintendent of Financial Institutions (OSFI) is responsible for administering a number of federal statutes, including the Bank Act and the Trust and Loan Companies Act, the statutes applicable to the regulation of banks and federal trust and loan companies.