From full-service vehicle leasing to new mobility solutions
BNP Paribas Group Company, Arval was founded in 1989 as a specialist in full-service vehicle leasing and new mobility solutions for its customers, ranging from large international corporate groups to smaller companies and individual retail clients. More recently, we have diversified our business to become a key player in integrated mobility, addressing a wider audience that includes drivers and private individuals.
As part of the Commercial, Personal Banking & Services division within BNP Paribas Group, we benefit from a worldwide network, which has played a key role in our international growth. Our 8,000 employees operate in 29 countries, and we leased 1,600,000 vehicles in end of June 2023.
Through our connected solutions and tailored services, companies are able to optimise their employees' mobility and outsource the risks associated with fleet management. We also actively support and advise our customers in accelerating the energy transition, empowering them to be more sustainable. Our strategy is to rethink the mobility mix by balancing vehicle leasing with alternative forms of mobility such as car sharing, carpooling, bikes and electric scooters.
Arval is a founding member of the Element-Arval Global Alliance, the longest standing strategic alliance in the fleet management industry and the worldwide leader with 4.4 million vehicles in 56 countries. We also sponsor and support the Arval Mobility Observatory, an independent research and intelligence platform that has become an industry reference in recording and forecasting mobility trends.