I am writing to you in light of the UK's departure from the European Union in March 2019 to assure you of our commitment to accompany you in this moment of change.
At BNP Paribas, we aim to be your banking partner for the long term and will ensure the continuity of our services throughout the Brexit negotiations and beyond.
We offer an extensive and established presence in both Continental Europe and the UK
BNP Paribas is well placed to continue to meet your needs throughout this period. We already have an extensive network across Continental Europe, a well-established presence in the UK, and a strong capacity to adapt quickly and as required as negotiations progress.
Thanks to this strong and established platform, we do not need to create any new legal entities to continue carrying out banking activities in Continental Europe. Regardless of the outcome of the Brexit negotiations, we will have in place the right capabilities to minimise disruption for our clients, our operations and our staff. We have established dedicated teams to assess and adapt to the various scenarios in play, working closely with all relevant regulatory bodies.
We commit to keep you informed
At present, there is no need for you to take any action with respect to our plans. We commit to communicating with you at the earliest opportunity regarding any requirements stemming from Brexit, such as potential documentation changes or necessary notifications.
The UK's departure from the European Union will present challenge, but also opportunity. As your banking partner, we will place our teams and capabilities at your disposal to help you manage the former and realise the latter. If you have any questions or want to discuss this matter, please do not hesitate to get in touch with your usual BNP Paribas point of contact.
I take this opportunity to thank you personally for continuing to choose BNP Paribas as your banking partner. Best regards,
Yann Gérardin, BNP Paribas Group Deputy COO - Head of BNP Paribas Corporate and Institutional Banking