39-41 rue Grenette in Lyon (France) : a BNP Paribas’ landmark adress for one century

1914-...

Branch entrance at 39 rue Grenette in Lyon - photo of Lacompagny/Jean-Erick Pasquier

Themes:

  • Architecture
  • Banks & Financial Institutions
  • Historical Events
  • Products & Services
Document

The banking history of Lyon dates back to the Middle-Age when the city was well-known for its fairs, Italian bankers and silk traders. At first, Lyon’s financial sector was dominated by family-run banking houses, originating from manufacturing and silk trading, until the advent of the banking institutions founded in the wake of the French legislation passed in 1848 and 1863. As a result of this modern banking concept, these new credit institutions, attracted by Lyon’s floating capital and banking needs, hastened to open branches. That was what the Comptoir National d’Escompte de Paris (CNEP) did in 1868 when setting up at 9, rue Bât-d’Argent in the heart of the new business quarter designed by Prefect Vaïsse within the Presqu’Île.

 

From Quai de Retz to Rue Grenette

These national-calibre financial newcomers did support Lyon’s booming economy yet they were fiercely competing with the local banks in their traditional markets. Under the same circumstances, in 1910 the Comptoir d’Escompte de Mulhouse (CEM) acquired Banque De Riaz Audra & Cie, which was founded by a Swiss cloth manufacturing family towards the end of the 18th century at 10, Quai de Retz (nowadays called Quai Jean-Moulin), a prestigious address at the time.
In October 1914, Banque Nationale de Crédit (BNC), a French affiliate set up in 1913 to take over the French branch network of the Alsace-based CEM headquartered in German territory at the time, acquired the whole block at 39-41 rue Grenette. Without delay, the bank launched the construction of a new building for its Lyon branch, which was feeling both cramped in the old offices and distant from the bank district.

 

 

3 façade grenette_web

The façade – photo of Laurence Bosc

 

Local branch and regional management

From the day it opened in September 1922, the Lyon-Grenette branch was BNC’s largest. As a busi-ness unceasingly committed to customers and communities, it was successfully transferred to the Banque Nationale Pour le Commerce et l’Industrie (BNCI) and later the BNP. One of the first regional back-office was implemented as early as 1936, to handle accounting and collection for Southeastern France. Later on, in 1975, Rue Grenette became home to the first Regional Division and in 1988 accommodated the first regional dealing room while the sixth floor was renovated and the new roof terrace laid out.
Several renovation projects were carried out especially the lowering of the sills of the three windows at the centre of the façade in 2000, to create a direct access to the new ATM hall, hence broadly opening up the branch in its historic neighbourhood, which is one of Europe’s largest commercial areas.
The building, which is situated in the “Vieux Lyon” (Old Lyon) area that was designated a UNESCO world heritage site in 1998, today hosts, alongside the Regional Division, a branch plus a Private Banking Centre.

To go further, flip through the brochure 39-41 rue Grenette Lyon of the collection “BNP Paribas’ landmark buildings”

 

2015-05-29_BNP_web

The number 41 entrance door arched pediment with the Mercury relief – Photo of Laurence Bosc

Close

Contact us / Send us a document

This website has a cultural and historical purpose; it is not intended to deal with trade and banking relationship issues which will not be processed.

If you have a document, a photo, a story about BNP Paribas history and want to share it, please do not hesitate to share it there.

In transmitting this document, you certify to own it and to hold the property rights needed for their use. You authorize BNP Paribas to use it on the website Source of History.

Thank you for indicate the origin of the documents and give us any information you consider relevant to its understanding.

Close

Suscribe to Well of History's newsletter

The personal data collected from the Site are subject to data processing by BNP Paribas to enable access to and use of the functionalities offered by the Site www.histoire.bnpparibas.
Pursuant to the French Data Protection Law No. 78-17 of 6 January 1978, you are entitled to access the data collected by BNP Paribas and to have it amended, updated or deleted, where such information is incorrect, incomplete or outdated. You can exercise this right by contacting: BNP Paribas – APAC TDC Val de Marne, TSA 30233- 94729 FONTENAY SOUS BOIS Cedex.

Close

Files download

I undertake to make private use of the contents downloaded from the website

OK
Close

You have added an item to your selection.

You can find your saved contents in the “My space” section, which can be accessed at the top right of any page of the website.

My space English A+ A-

To find this content on your next visit, you need to create an account from this section, by clicking on:

Fermer Welcome to

Well of History

Since 1822, history has made us a key player and a witness of transformations taking place in society and economy in Europe and around the world. We invite you to share in our story and explore our archives to learn more about our constantly changing world.
Jean Lemierre Jean Lemierre,
Chairman
of BNP Paribas