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BNP Paribas is the world ’ s eighth-largest bank by assets . The company ’ s 2017-2020 business development plan lays out aims to significantly grow its investment in technology to US $ 3.2bn over that period . “ More and more of our clients want to do operations online rather than face-to-face ,” Jean-Laurent Bonnafé , Chief Executive at BNP Paribas , told the Financial Times . In line with consumer demands , the investment strategy is enabling BNP to accelerate the transition to digital banking while cutting costs by closing physical branches . NOVEMBER 2019