BNP Paribas 2019 Integrated Report: a responsible bank for a sustainable economy
In a changing world, BNP Paribas, a leading international banking player and the leading bank in...
26/06/2020
Development banks launch financial response to Covid-19 pandemic
- 09.04.2020
As governments and other public-sector bodies across the Europe ramp up their response to the Covid-19 pandemic, BNP Paribas has brought to the market two landmark transactions. Helsinki-based Nordic Investment Bank (NIB) and the European Investment Bank (EIB) have both issued bonds last week week to provide funds to European nations as they shore up healthcare and financial systems to manage the impact of the ongoing crisis.
"Sustainable
finance has a vital role to play in mobilising the response to Covid-19," said
Agnès Gourc, Co-Head of Sustainable Finance Markets at BNP Paribas. "The NIB Response Bond
and EIB Sustainability Awareness Bond exemplify this, helping deliver essential
funding to tackle this crisis in a highly transparent way across multiple
fronts, including the efficient operation of healthcare systems, as well as financial
support and labour market solutions in the case of the NIB's Response Bond."
Please find out more about the Covid-19 response bond by clicking here
Photo header ©jamesteohart