French lender BNP Paribas expects to grow its revenues from the Gulf region this year despite a slight impact on its business as a result of the Arab Spring, the bank’s Middle East head said.
“Globally, the bank had good 2011 results and also here in the Middle East, and we expect this to continue especially from asset management and wealth management,” Jean-Christophe Durand said. “This is a very important region for BNP Paribas.” ……………………………………….Full Article: Source