BNP Paribas looks at online bank

French bank BNP Paribas is set to open a new online bank targeting 500,000 customers in five years as it revamps its retail activities, two union sources said yesterday. Although France's biggest bank already offers online banking for its regular retail customers, the new project will be entirely digital, the sources said, adding that the project has a target of 25,000 customers by the end of 2013.