BNP Paribas Personal Finance launches new UK head office

A financial services firm has opened a new UK head office in Solihull.

BNP Paribas Personal Finance has moved the team to a new home in the AIR complex in the town centre following a £3 million investment.

The 25,000 sq ft office is now home to 800 staff for the organisation's UK subsidiary while sister firm, vehicle leasing outfit Arval, also has a regional office at the base.

BNP Paribas Personal Finance UK launched in 1973 as Selfridges Finance and now supports more than four million customers in fields such as retail finance, motor finance and personal loans.

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The company was previously based in Chadwick House, at Blenheim Court, also in Solihull town centre.

Stephen Hunt, chief executive of BNP Paribas Personal Finance UK, said: "It's incredibly important that we invest in our colleagues and our work environment to enable us to maintain our position in what is a very competitive market.

"We're incredibly excited about this move and to be staying in the West Midlands.

"As the region with the fastest-growing tech sector in the UK, there is no better place for our team to be based to drive forward our business."

Deputy chief executive Ricardo Mantovani added: "Over the last 50 years, our organisation has gone from strength to strength and, while we can attribute much of this success to the brilliant people who have worked during that time, it is also a direct result of being located in the West Midlands.