The BNP Paribas Group has a diversified presence in Russia, being active in all 3 core businesses: Corporate & Investment Banking, Investment Solutions and Retail Banking (Consumer Finance). The Group enjoys strong market positions in all areas and great prospects for the future development. BNP Paribas was one of the first foreign banks to come to Russia. It started its activity in Moscow through representative offices of both Banque Nationale de Paris and Banque de Paris et des Pays-Bas opened in 1974. In the 1990s, the Commodity & Trade Finance activity first developed by BNP Paribas back in the early 70s was successfully adapted to the Russian market. BNP Paribas has never stopped its activity in Russia even during the collapse of the URSS or 1998 crisis and accompanied the largest Russian private and state companies from their start until now. Since 2000 the Groups offer has significantly expanded its presence on the market. As a result, today more than 5,000 employees offer an extensive range of first class financial products and services, both at an individual and business level across 7 time zones from Kalinigrad to Yakutiya. Corporate and Institutional clients benefit from expertise in Corporate & Investment Banking (BNP Paribas ZAO), Investment Solutions (TKB BNP Paribas Investment Partners and BNP Paribas Cardif), Insurance (Cardif), Vehicle Management Services (Arval). The bank also offers services to individual clients, including Consumer Finance working under the Cetelem brand and Asset Management, provided through BNP Paribas Investment Partners headquartered in St. Petersburg.