Coming soon… Banque Nationale de Paris


After the surprise announcement, on 4 May 1966, of the creation of the Banque Nationale de Paris (BNP) through the merger of the Banque Nationale pour le Commerce et l’Industrie (BNCI) and the Comptoir National d’Escompte de Paris (CNEP), a press campaign prepared the merger of the two institutions.
Here is the press release that was distributed in the magazines Paris Match and Jours de France to explain the stakes of this project. The name of the new company, Banque Nationale de Paris, crowns the top of the page in black capital letters. “Provide the public a broader and more complete range of services” and “create an institution sized for the European Common Market,” are the goals set out in the public announcement. The choice of the colours blue, white and red echo the national character of the 2 merged institutions and that of the new bank.


The first large-scale merger in French banking

4 May1966. The Minister of Finance announces in a press release “the merger of the BNCI and the CNEP.” The merger occurred in a context of bank concentration initiated by Michel Debré, Minister of Finance. The objective? “Strengthen the structure of the major banks to develop their ability to act in the area of domestic and international credit.” According to Michel Debré, the scope and objectives of this merger are summarised in the choice of the name, “Banque Nationale de Paris.” The term bank is more modern than “Comptoir,” “Escompte” and “Commerce et Industrie,” too dated or too specialised. The term national marks its scope and “Paris” refers to the prestige of the capital. Pierre Ledoux and Henri Bizot, respectively the former chairman of CNEP and former managing director of BNCI, set out to create a new bank and not the sum of 2 banks. The new institution became the leading French bank, second in Europe and seventh in terms of balance sheet. It took three years for this merger to become a success.



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. See moreless

    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.

    The personal data collected on this form is processed by BNP Paribas SA for processing. It allows us to provide a personalised answer to your requests (access to archives, research, information requests. Please note that fields identified by an asterisk (*) are mandatory.

    For more information on the processing of your personal data, you can access our Data Protection Notice.


    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
    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.


    Files download

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


    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,
    of BNP Paribas