Integrated Report 2020

BNP Paribas Group Service Center S.A.

The scope of the business activity of BNP Paribas Group Service Center S.A. ("BNPP GSC") includes:

  • providing financial intermediation services to the Bank, consisting in:
    • providing information regarding the terms of loan agreements to applicants,
    • supporting the Bank’s customers in completion of loan applications,
    • accepting the documents required by the Bank and filed by customers, verifying them in terms of correctness and completeness and submitting them to the Bank,
    • registration of documents in the Bank’s sales system,
    • informing customers of the credit decisions issued by the Bank,
  • services auxiliary to insurance brokerage, consisting in administration and performance of group insurance agreements concluded by the Bank,
  • agency services for insurance services,
  • providing IT services related to the development of banking and financial applications and systems to the BNP Paribas Group entities,
  • comprehensive management of loyalty programs for parties connected to the Bank,
  • providing marketing services for employees of the Bank’s partners on the Bank’s request.

As part of the implementation of the integration process and due to the similar nature of the action, on 31.12.2019 (date of entry in the National Court Register) BNP Paribas Group Service Center S.A. was merged with BNP Paribas Financial Services Sp. z o.o. where BNPP GSC acted as the acquirer.

Basic financial data of BNP Paribas Group Service Center S.A.

PLN ‘000 31.12.2020* 31.12.2019** 31.12.2018
Balance sheet total 41,630 45,401 29,354
Short-term investments 34,364 35,644 22,536
Equity 34,411 38,926 23,701
including: net financial result 8,515 13,032 12,621
* unaudited date
** including effects of the merger with BNP Paribas Financial Services Sp. z o.o.

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