PARIS (dpa-AFX) - BNP Paribas SA (BNP.L) is challenging a U.S. trial court ruling in a lawsuit brought by Sudanese plaintiffs, arguing that the court misinterpreted Swiss law and overlooked evidence that the bank's transactions were permitted under Swiss and European rules.
The dispute stems from a lawsuit by Sudanese plaintiffs who allege that BNP Paribas provided banking services to former President Omar al-Bashir's government between 1997 and 2011, helping it circumvent sanctions and contributing to human-rights abuses during the conflict in Sudan. A New York jury in October 2025 found BNP Paribas liable and ordered the bank to pay more than $20 million in damages to three Sudanese plaintiffs.
The bank said its position was supported by amicus briefs from the governments of Switzerland and the United States, academics and jurists, and industry organizations. It added that the plaintiffs' latest brief introduces no new arguments and largely repeats claims that these authorities have rejected.
BNP Paribas said it will file its reply and present its case before the U.S. Court of Appeals for the Second Circuit.
In Paris, BNP Paribas shares closed up 1.45% at 107.50 euros on Friday.
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