Sustainably supporting clients and the economy
The Euromoney Regional & Country Awards for Excellence are given to banks that demonstrate an ability to deliver for clients, adapt to changing market conditions and innovate on strategic initiatives. This year, BNP Paribas received the following 6 accolades:
- Western Europe's Best Bank for Corporate Responsibility
- Western Europe’s Best Investment Bank
- Western Europe’s Best Bank for Financing*France’s Best Investment Bank
- Belgium’s Best Investment Bank
- Luxembourg’s Best Bank
BNP Paribas is proud to receive these awards that reflect the Group’s company purpose: being at the service of our clients and the world we live in. The awards also highlight how the Bank is at the forefront of supporting clients to navigate challenges, whilst accelerating the shift towards a sustainable economy.
BNP Paribas' integration of UN-SDGs and its commitment to society is recognised
The commitments BNP Paribas makes to economic, social, civic and environmental responsibility are integrated into its business operations. The award for Western Europe’s Best Bank for Corporate Responsibility is a testament to the Bank’s progressive approach to embedding the United Nations Sustainable Development Goals (SDGs) across the business. Throughout the Covid-19 crisis, the Bank’s commitment to society was evidenced by its support to clients as it issued over US equivalent $59 billion of Covid-19 response bonds, and mobilised its balance sheet in the fight against the virus’ impacts by collaborating with local CSR teams to donate €55 million in 30 countries. BNP Paribas was also commended for its approach to financial inclusion, especially the positive impact of Compte-Nickel, which has seen 1.5 million accounts open since its inception – 75% of which are by individuals earning less than the minimum wage.
Euromoney: “BNP Paribas has sustainability and inclusiveness at its heart, as shown in its approach to all of its stakeholders…It is a comprehensive commitment.”
BNP Paribas Corporate and Institutional Banking rewarded for reactivity during crisis
Within Corporate and Institutional Banking, Euromoney recognised how the Bank’s diversified and integrated business model has helped to deliver for clients across Europe. During the Covid-19 crisis, the BNP Paribas teams mobilised their knowledge and expertise to support over €29 billion of syndicated loans and the bank was bookrunner for over €46 billion of EUR-denominated debt capital market (DCM) deals, ranking it #1 in terms of syndicated loans and bonds*. Across the BNP Paribas CIB franchise, the collaborative effort has meant teams adapted quickly to changing market conditions, and helped clients to access capital markets.
Euromoney: “Western Europe’s best investment bank, BNP Paribas, is increasingly central to capital markets across the continent. That’s been particularly clear since the onset of the coronavirus crisis.”
Country awards reflect service to clients
The country awards also highlight how BNP Paribas’ breadth of capabilities has helped deliver client-driven business across Europe over the last year.
*Bloomberg & Dealogic data
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