Type
Business expansion
Country
Portugal
Region
Continente; Lisboa; Grande Lisboa
Location of affected unit(s)
Lisboa
Sector
Financial Services
Activities Auxiliary To Financial Services And Insurance Activities
Financial Fund Management
66.3 - Fund management activities

120 jobs
Number of planned job creations
Job creation
Announcement Date
15 March 2012
Employment effect (start)
1 April 2012
Foreseen end date
31 December 2012

Description

BNP Paribas Securities Services, a subsidiary of the French bank - BNP Paribas, will centralize in Lisbon its administrative services for financial products. This centralization will create 120 new jobs by the end of 2012.

The representatives of the French group declare their decision is based on the belief in the potential of the Portuguese economy.


Sources

  • 15 March 2012: RTP

Citation

Eurofound (2012), BNP Paribas Securities Services, Business expansion in Portugal, factsheet number 73788, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73788.