2020 Universal registration document and annual financial report - BNP PARIBAS 263
4Consolidated finanCial statements for the year ended 31 deCemBer 2020
4
Notes to the financial statements
BNP Paribas, a société anonyme (Public Limited Company), registered in France, is the Group s lead company, which holds key positions in its two areas of activity: Retail Banking and Services and Corporate and Institutional Banking. During the year, the parent company did not change its name.
BNP Paribas has its principal place of business in France and its head office is located at 16 boulevard des Italiens 75009 Paris, France.
7.j SCOPE OF CONSOLIDATION
Name Country
31 December 2020 31 December 2019
Method Voting
(%) Interest
(%) Ref. Method Voting
(%) Interest
(%) Ref. BNP Paribas SA France BNPP SA (Argentina branch) Argentina Full 100% 100% Full 100% 100% BNPP SA (Australia branch) Australia Full 100% 100% Full 100% 100% BNPP SA (Austria branch) Austria Full 100% 100% Full 100% 100% BNPP SA (Bahrain branch) Bahrain Full 100% 100% Full 100% 100% BNPP SA (Belgium branch) Belgium Full 100% 100% Full 100% 100% BNPP SA (Bulgaria branch) Bulgaria Full 100% 100% Full 100% 100% BNPP SA (Canada branch) Canada Full 100% 100% Full 100% 100% BNPP SA (Cayman Islands branch) Cayman Islands S1 Full 100% 100% BNPP SA (Czech Republic branch) Czech Rep. Full 100% 100% Full 100% 100% BNPP SA (Denmark branch) Denmark Full 100% 100% Full 100% 100% BNPP SA (Finland branch) Finland Full 100% 100% Full 100% 100% BNPP SA (Germany branch) Germany Full 100% 100% Full 100% 100% BNPP SA (Hong Kong branch) Hong Kong Full 100% 100% Full 100% 100% BNPP SA (Hungary branch) Hungary Full 100% 100% Full 100% 100% BNPP SA (India branch) India Full 100% 100% Full 100% 100% BNPP SA (Ireland branch) Ireland Full 100% 100% Full 100% 100% BNPP SA (Italy branch) Italy Full 100% 100% Full 100% 100% BNPP SA (Japan branch) Japan Full 100% 100% Full 100% 100% BNPP SA (Jersey branch) Jersey Full 100% 100% Full 100% 100% BNPP SA (Kuwait branch) Kuwait Full 100% 100% Full 100% 100% BNPP SA (Luxemburg branch) Luxemburg Full 100% 100% Full 100% 100% BNPP SA (Malaysia branch) Malaysia Full 100% 100% Full 100% 100% BNPP SA (Monaco branch) Monaco Full 100% 100% Full 100% 100% BNPP SA (Netherlands branch) Netherlands Full 100% 100% Full 100% 100% BNPP SA (Norway branch) Norway Full 100% 100% Full 100% 100% BNPP SA (Panama branch) Panama Full 100% 100% Full 100% 100% BNPP SA (Philippines branch) Philippines Full 100% 100% Full 100% 100% BNPP SA (Poland branch) Poland Full 100% 100% Full 100% 100% BNPP SA (Portugal branch) Portugal Full 100% 100% Full 100% 100% BNPP SA (Qatar branch) Qatar Full 100% 100% Full 100% 100% BNPP SA (Republic of Korea branch) Rep. of Korea Full 100% 100% Full 100% 100% BNPP SA (Romania branch) Romania Full 100% 100% Full 100% 100% BNPP SA (Saudi Arabia branch) Saudi Arabia Full 100% 100% Full 100% 100% BNPP SA (Singapore branch) Singapore Full 100% 100% Full 100% 100% BNPP SA (South Africa branch) South Africa Full 100% 100% Full 100% 100% BNPP SA (Spain branch) Spain Full 100% 100% Full 100% 100% BNPP SA (Sweden branch) Sweden Full 100% 100% Full 100% 100% BNPP SA (Taiwan branch) Taiwan Full 100% 100% Full 100% 100% BNPP SA (Thailand branch) Thailand Full 100% 100% Full 100% 100% BNPP SA (United Arab Emirates branch)
United Arab Emirates Full 100% 100% Full 100% 100%
BNPP SA (United Kingdom branch) UK Full 100% 100% Full 100% 100% BNPP SA (United States of America branch) USA Full 100% 100% Full 100% 100% BNPP SA (Viet Nam branch) Viet Nam Full 100% 100% Full 100% 100% Retail Banking & Services Domestic Markets Retail Banking France
Banque de Wallis et Futuna France Full (1) 51% 51% Full (1) 51% 51% BNPP Antilles Guyane France Full (1) 100% 100% Full (1) 100% 100% BNPP Développement France Full 100% 100% Full 100% 100% BNPP Développement Oblig France Full 100% 100% Full 100% 100% BNPP Factor France Full (1) 100% 100% Full (1) 100% 100% BNPP Factor (Spain branch) Spain Full (1) 100% 100% Full (1) 100% 100% BNPP Factor Sociedade Financeira de Credito SA Portugal Full 100% 100% Full 100% 100% BNPP Nouvelle Calédonie France Full (1) 100% 100% Full (1) 100% 100% BNPP Réunion France Full (1) 100% 100% Full (1) 100% 100% Compagnie pour le Financement des Loisirs France Equity 46% 46% Equity 46% 46% Copartis France Full 100% 100% D1/V4 Equity (3) 50% 50% Euro Securities Partners France Equity (3) 50% 50% Equity (3) 50% 50% GIE Ocean France Full 100% 100% Full 100% 100% E1 Partecis France Equity (3) 50% 50% Equity (3) 50% 50% Paylib Services France Equity 14.3% 14.3% Equity 14.3% 14.3% E1 Portzamparc France Full (1) 100% 100% Full (1) 100% 100%
Name Country
31 December 2020 31 December 2019
Method Voting
(%) Interest
(%) Ref. Method Voting
(%) Interest
(%) Ref. Protection 24 France Full 100% 100% Full 100% 100% Société Lairoise de Participations France Full 100% 100% Full 100% 100% Retail Banking Belgium
Axepta BNPP Benelux Belgium Full 100% 99.9% E1 Bancontact Paytoniq Company Belgium Equity 22.5% 22.5% Equity 22.5% 22.5% Banking Funding Company SA Belgium Equity 33.5% 33.5% Equity 33.5% 33.5% BASS Master Issuer NV (s) Belgium Full - - Full - - Belgian Mobile ID Belgium Equity 15% 15% Equity 15% 15% BNPP Commercial Finance Ltd UK Full 100% 99.9% Full 100% 99.9% BNPP Factor AB Sweden Full 100% 99.9% Full 100% 99.9% BNPP Factor AS Denmark Full 100% 99.9% Full 100% 99.9% BNPP Factor GmbH Germany Full 100% 99.9% Full 100% 99.9% BNPP Factor NV Netherlands Full 100% 99.9% Full 100% 99.9% BNPP Factoring Support Netherlands Full 100% 99.9% Full 100% 99.9% BNPP Fortis Belgium Full 99.9% 99.9% Full 99.9% 99.9% BNPP Fortis (Spain branch) Spain Full 99.9% 99.9% Full 99.9% 99.9% BNPP Fortis (United States of America branch) USA Full 99.9% 99.9% Full 99.9% 99.9% BNPP Fortis Factor NV Belgium Full 100% 99.9% Full 100% 99.9% BNPP Fortis Film Finance Belgium Full 99% 98.9% Full 99% 98.9% BNPP Fortis Funding SA Luxemburg Full 100% 99.9% Full 100% 99.9% BNPP FPE Belgium Belgium Full 100% 99.9% Full 100% 99.9% BNPP FPE Expansion Belgium Full 100% 99.9% Full 100% 99.9% BNPP FPE Management Belgium Full 100% 99.9% Full 100% 99.9% Bpost Banque Belgium Equity (3) 50% 50% Equity (3) 50% 50% Credissimo Belgium Full 100% 99.9% Full 100% 99.9% Credissimo Hainaut SA Belgium Full 99.7% 99.7% Full 99.7% 99.7% Crédit pour Habitations Sociales Belgium Full 81.7% 81.6% Full 81.7% 81.6% Epimede (s) Belgium Equity - - Equity - - Esmee Master Issuer (s) Belgium Full - - Full - - Immo Beaulieu Belgium S3 Equity 25% 25% Immobilière Sauveniere SA Belgium Full 100% 99.9% Full 100% 99.9% Isabel SA NV Belgium Equity 25.3% 25.3% Equity 25.3% 25.3% Microstart Belgium Full 70.3% 76.7% Full 70.3% 76.7% V1 Private Equity Investments (a) BE/FR/LU FV - - FV - - Sagip Belgium Full 100% 100% Full 100% 100% Sowo Invest SA NV Belgium Full 87.5% 87.5% Full 87.5% 87.5% Retail Banking Luxemburg
BGL BNPP Luxemburg Full 66% 65.9% Full 66% 65.9% BGL BNPP (Germany branch) Germany Full 66% 65.9% Full 66% 65.9% BNPP Lease Group Luxembourg SA Luxemburg Full 100% 65.9% Full 100% 65.9% BNPP SB Re Luxemburg Full (2) 100% 100% Full (2) 100% 100% Cofhylux SA Luxemburg Full 100% 65.9% Full 100% 65.9% Compagnie Financière Ottomane SA Luxemburg Full 97.3% 97.3% Full 97.3% 97.3% V4 Le Sphinx Assurances Luxembourg SA Luxemburg Full (2) 100% 100% Full (2) 100% 100% Lion International Investments SA Luxemburg Full 100% 100% Full 100% 100% Luxhub SA Luxemburg Equity 28% 18.5% E1 Visalux Luxemburg Equity 25.3% 16.7% Equity 25.3% 16.7% V4 Retail Banking Italy
Artigiancassa SPA Italy Full 73.9% 73.9% Full 73.9% 73.9% Axepta SPA Italy Full 100% 100% Full 100% 100% Banca Nazionale Del Lavoro SPA Italy Full 100% 100% Full 100% 100% BNL Finance SPA Italy Full 100% 100% Full 100% 100% EMF IT 2008 1 SRL (s) Italy Full - - Full - - Eutimm SRL Italy Full 100% 100% Full 100% 100% E1 International Factors Italia SPA Italy Full 99.7% 99.7% Full 99.7% 99.7% Permicro SPA Italy Equity 21.6% 21.6% Equity 21.6% 21.6% V4 Serfactoring SPA Italy Equity 27% 26.9% Equity 27% 26.9% Servizio Italia SPA Italy Full 100% 100% Full 100% 100% Sviluppo HQ Tiburtina SRL Italy Full 100% 100% Full 100% 100% Tierre Securitisation SRL (s) Italy Full - - Full - - Vela ABS SRL (s) Italy S3 Full - - Vela Consumer 2 SRL (s) Italy Full - - Full - - Vela Consumer SRL (s) Italy S1 Full - - Vela Home SRL (s) Italy Full - - Full - -