Banca Nazionale del Lavoro SpA is an Italian banking firm. Founded in 1913 as Istituto di Credito per la Cooperazione, it was nationalized in 1929. It was re-privatized and listed on the Milan Stock Exchange in 1998, before being acquired by French banking group BNP Paribas in 2006. It is Italy's sixth largest bank.

Banca Nazionale del Lavoro began Argentinian operations in 1960, ultimately opening 91 branches, before selling its operation there to HSBC Bank Argentina in 2006.

[edit] See also

• Saving and loan scandal
• Bank of Credit and Commerce International

[edit] External links

• BNL English language homepage
• Transcript of U.S. Rep. Henry Gonzalez hearing on BNL connection to purchase of dual use equipment by Saddam Hussein

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