Founded in 1989 and fully owned by BNP Paribas, Arval specialises in full service vehicle leasing. Arval offers its customers – large international corporates, SMEs?and professionals – tailored solutions that optimise their?employees' mobility and outsource the risks associated with fleet management. More recently, Arval expanded its customer segments to individuals. Expert advice and service quality, which are the foundations of Arval’s customer promise, are delivered in 29 countries by around 7,000 employees. Arval’s total leased fleet adds up to 1,193,910 vehicles throughout the world (December 2018).
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 3 million vehicles in 50 countries. Within BNP Paribas, Arval belongs to the Retail Banking core activity.
WHO ARE WE?
At Arval, we?believe?that our?role goes well beyond the full service vehicle leasing: "We want to offer our customers simple, seamless and end-to-end mobility solutions according to their needs.",
says Alain Van Groenendael, Arval Chairman and CEO.
“Caring about our customers and advising them is part of our DNA. However, taking into account only cars has now become a too restrictive vision of our business. Our ambition is to accompany our customers throughout their journeys, whatever the mobility solution they need and whatever the moment of their lives."
Alain Van Groenendael, Arval Chairman and CEO.
Arval within BNP Paribas
Arval is a subsidiary of BNP Paribas and belongs to the Group's core activity Retail Banking. 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.
We believe that outsourcing and using are more relevant than self-doing and owning. We anticipate that car-on-deman will be the ultimate model, enabled by technology and best-in-class logistics.
Companies – for their employees, households and individuals will be able to pick up a car when and where necessary for a duration suited for their mobility needs, whether occasional, regular or permanent.