Arval*, founded in 1989 and fully owned by BNP Paribas, specialises in full service vehicle leasing. The company offers its clientele of professionals, SMEs, and large international companies tailor-made solutions to provide optimal fleet solutions. It also takes on all of the risks associated with fleet management. Arval has more than 5,500 employees in the 28 countries where it operates. By November 2015, it had a leased fleet of 980,000 cars worldwide. Arval is part of a worldwide alliance with Element, North America’s leading fleet management company,
* Arval is a subsidiary of BNP Paribas, and is part of the Group's core Retail Banking activity. Retail Banking is a worldwide network of retail banks and specialised financial services, and plays a key role in the international expansion of the Group.