Banking jobs in France: spotlight on a sector that is hiring
August 26, 2016 at 11:44 am EDT
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In 2015, the French banking sector recruited over 39,000 people, according to the French Banking Association (AFB), having hired almost 35,000 people in 2014 . Also important to note, 66% of these jobs are open-ended contracts - compared to an average of only 20% for the rest of France.
Among the many job offerings, work-study opportunities play an important role. It remains a key recruiting tool for banking, while young people appreciate the opportunity to combine education and paid work, all while gaining a crucial first experience. In 2015, French banks offered more than 6,000 work-study contracts: through apprenticeship or professionalization contracts, for students up to the Master's level (Bac+5).
This is in addition to the more than 1,000 V.I.E. contracts (international corporate volunteer program ) that allow young people to work abroad for a period of six months to two years, discovering both a new profession and a new country!
BNP Paribas SA published this content on 26 August 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 August 2016 15:44:08 UTC.
Original documenthttps://group.bnpparibas/en/news/banking-jobs-france-spotlight-a-sector-hiring-1
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BNP Paribas is France's largest banking group. Net banking product (NBP) breaks down by activity as follows:
- retail banking (54%): retail banking activity in France (24.1% of NBP), in Belgium (14.6%), and Italy (10.2%). The remainder of the NBP (51.1%) is from international activities and specialized financial services activities (consumer loans, real estate credit, leasing credit, car fleet management, computer equipment leasing);
- finance and investment banking (34.4%): consulting and capital market activities (83.7% of NBP; merger-acquisition consulting, activities related to the stock, interest, and exchange markets, etc.) and financing (16.3%; financing for acquisitions, projects, raw material transactions, etc.);
- institutional and private management and insurance (11.6%): asset management, private banking activity (No. 1 in France), real estate and on-line brokerage services, insurance and securities services (No. 1 in Europe for retained securities).
At the end of 2023, BNP Paribas was managing EUR 988.5 billion in current deposits and EUR 859.2 billion in current loans.
Net banking product is distributed geographically as follows: Europe, Middle East and Africa (82.9%), America (9.8%) and Asia/Pacific (7.3%).