BNP Paribas has been voted for a second year in a row as the “Best Overall Provider of FX Services” by financial institutions in the Asiamoney 2007 FX Poll.
The Asiamoney FX poll is one of the region’s best-known financial polls. The poll is compiled based on responses received from over 1,290 senior treasury and financial executives across Asia-Pacific, representing 1,085 institutions – 230 financial institutions and 855 non-financial companies. Respondents were asked to rate foreign exchange performance and related services.
“This is the second year BNP Paribas was awarded the top spot amongst intense competition. We are pleased to have our services recognized by the investment community. The results bear testament to the successful franchise we have built over the years and it reinforces our position as a leader in fixed income product distribution in Asia Pacific,” said Eric Nicolas, Head of Fixed Income Asia Pacific.
Asiamoney commented that BNP Paribas is ” well respected for the quality of their fixed income services and their relentless commitment to excellence in foreign exchange services for institutional investors.”
Mr. Nicolas added, ” These honors underscore our expertise of providing the most comprehensive suite of products and innovative solutions as well as our continuous investment in the sales, trading, research and structuring teams while maintaining strong local market presence to ensure execution excellence and wide distribution power.”
Meanwhile, BNP Paribas has also seen improved rankings for FX services supplied to corporates, moving to fourth place this year from sixth place in 2006.
About BNP Paribas Fixed Income
BNP Paribas’ Fixed Income business offers a broad range of products and advisory services in the global interest rate, credit and currency markets. We help our global franchise of clients find effective ways to raise and invest capital as well as manage their exposure to risk.
Fixed Income has the scale and reach to conduct business anywhere in the world and deliver products denominated in almost all of the world’s currencies. Our global network comprises more than 1,700 staff working on our six main trading floors in London, Hong Kong, New York, Paris, Singapore and Tokyo. They are supported by additional regional offices throughout Europe, the Americas, Middle East and Asia-Pacific.
Corporate Communications Manager,
BNP Paribas, North & East Asia
Tel: +852 2909 8847