Workflow
BNP Paribas Group: Statement on Sudan litigation

Core Viewpoint - BNP Paribas intends to appeal a recent verdict related to litigation in Sudan, asserting that the judgment is incorrect and disregards significant evidence that the bank was unable to present [2][3]. Group 1: Legal Position - The bank is committed to contesting the judgment using all available legal resources [2]. - The verdict pertains specifically to three plaintiffs and should not be generalized to other cases [3]. - BNP Paribas feels no pressure to settle the case [4]. Group 2: Company Overview - BNP Paribas is a leading banking and financial services provider in Europe, operating in 64 countries with nearly 178,000 employees, over 144,000 of whom are in Europe [5]. - The group has significant operations in three main areas: Commercial, Personal Banking & Services; Investment & Protection Services; and Corporate & Institutional Banking [5]. - BNP Paribas is expanding its integrated banking model across Mediterranean countries, Türkiye, and Eastern Europe, while maintaining a strong presence in the Americas and a growing business in Asia-Pacific [5]. - The company has implemented a Corporate Social Responsibility approach to contribute to sustainable development while ensuring performance and stability [5].