ARVAL WITHIN BNP PARIBAS
Founded in 1989, we are fully owned by bnp paribas, one of the world’s best rated banks. Specialising in vehicle leasing and fleet management we support customers of all sizes, ranging from sme’s with one or two vehicles through to large international corporates with thousands. Expert advice and service quality are the foundations of our customer promise, delivered directly in 25 countries by more than 4,000 employees, and in 14 other countries through a network of partners. Our leased fleet adds up to 770,000 vehicles around the world in december 2015).
being owned by bnp paribas makes us stable and secure. It allows us to invest in the systems, structure, products and services that support our customers and their drivers. The bank provides solid foundations for our business and access to competitive funding to ensure that we remain a leader within the fleet market. With strong roots anchored in europe’s economic history, bnp paribas has positioned itself as a leading bank in the eurozone and a prominent international banking institution. It has a presence in 75 countries with more than 185,000 employees, including 145,000 in europe. It ranks highly in its two core activities: retail banking & services (comprised of domestic markets and international financial services) and corporate & institutional banking.
At the end of the contract hire period, arval sells its used vehicles mainly to professional customers. Since its inception, more than 500 000 vehicles have been sold on the platform. Arval group seeks to exploit all channels enabling the efficient distribution of its products sought on the used vehicle market. To facilitate the direct sales channel of vehicles for professionals, the arval group has set up an internet platform shared by all its european entities. This platform, focused on the standardisation and transparency of vehicle descriptions, will enable arval to make its products available to a wide public of merchants all over Europe.