It is now market leader in France and in continental Europe, with over €58 billion of outstanding loans and 23,000 employees as at the end of June 2007. Cetelem is the commercial brand of financing of BNP Paribas, which is a wholly owned subsidiary of BNP Paribas, and specializes in retail financing in Europe. Cetelem or BNP Personal Finance is a French company specializing in consumer credit, online credit and credit cards. Cetelem | 53,884 followers on LinkedIn | Cetelem is the major commercial brand of BNP Paribas Personal Finance, the BNP Paribas Group subsidiary leader in personal financing in France and Europe Cetelem pioneered consumer credit in France in 1953 and Internet credit in 1997. Access BNP Paribas Personal Investors Spain website, The single point of entry to BNP Paribas Fixed Income’s global web services, Access your world accounts in real time for cash operations and file transfers, Mariam Pérez-Camino Other brands of BNP Paribas Personal Finance are Findomestic in Italy and AlphaCredit in Belgium. According to Philippe Delpal, ‘Regular growth in GDP, strong increase of consumption, driven by the rapid improvement of the population’s living standards, a reasonably low unemployment rate and relative political stability, represent solid foundations for the consumer finance market which has been making headway since 2002.’, In addition to the expertise of its team and its understanding of the Russian banking market, the assets of Cetelem Russia are based on the implementation of the Cetelem business model with its marketing, risk and scoring tools, which have proved their worth in more than 20 countries throughout the world. Are you sure you want to print this page ?
August 21st, 2007 – Moscow – Cetelem, a 100% subsidiary of the BNP Paribas group, has started operating in Russia.
Cetelem is present in 29 countries over four of the world’s continents. Our ambitions concerning Cetelem Russia are extremely high for the next three years and we plan to be among the top 5 on the market while maintaining satisfactory levels in terms of profitability and risk management.’, About CetelemCetelem, a company of the BNP Paribas Group, was a pioneer in the field of consumer credit back in 1953 and of Internet credit since 1997. [1] Cetelem is the commercial brand of financing of BNP Paribas, which is a wholly owned subsidiary of BNP Paribas, and specializes in retail financing in Europe.
Select your favorite themes and be informed at the pace you want. Cetelem is also a first choice partner for retailers, banks and insurance companies to which it lends its extensive know-how in the field of consumer credit. For Cetelem, the Russian consumer finance market is one of the most promising markets in Europe.
For general contact details, please see our contact page. For François Villeroy de Galhau, CEO of Cetelem, ‘Our deployment in Russia is completely in line with our strategy of international development in high-growth countries, just as our recent acquisition in Brazil (Banco BGN). Cookies enable to enhance your browsing experience, enable us to perform visits statistics and identify visits on our website coming from Media campaigns. BNP Paribas is a leading bank in the eurozone and a prominent international banking institution.
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