BNP Paribas Bulgaria has launched a local foundation to formally consolidate its longstanding engagement to further development of corporate philanthropy programs in the country.
The Foundation BNP Paribas Bulgaria was created in close cooperation with the BNP Paribas Foundation – the corner stone of the Group's corporate philanthropy initiatives for the past 25 years. The newly established entity will structure BNP Paribas' projects in Bulgaria and strengthen current programs such as the Soup Kitchen – a charitable undertaking of BNP Paribas and Sofia Municipality which has been successfully helping disadvantaged people by providing warm meals during the cold winter months since 2002.
The Foundation's aim is to contribute to Bulgaria's social and cultural development through such strong and long-term partnerships in the areas of social inclusion, education, culture and environment.
About BNP Paribas in Bulgaria
BNP Paribas S.A. - Sofia Branch is a commercial and investment bank in Bulgaria. It serves large and medium-sized corporate and institutional clients, spanning the major sectors in the economy. They benefit from a full range of commercial and investment bank services as well as from customer-tailored financial solutions with strong advisory components. BNP Paribas has been present in Bulgaria since 1994. It is also present on the Bulgarian market with its life and credit insurance activities through “Cardif Bulgaria.” Apart from this, BNP Paribas Personal Finance is the leading consumer crediting company in Bulgaria.
About BNP Paribas
BNP Paribas is one of the six strongest banks in the world* and the largest bank in the eurozone by deposits. With a presence in more than 80 countries and more than 200,000 employees, including 160,000 in Europe, BNP Paribas is a leading European provider of financial services on a worldwide scale. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Retail Banking, the Group has four domestic markets: Belgium, France, Italy and Luxembourg. BNP Paribas is rolling out its integrated model across the Europe-Mediterranean zone and boasts a large network in the United States. BNP Paribas Personal Finance is the leader in consumer lending in Europe. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe and solid and fast-growing businesses in Asia.
* Rated AA by Standard & Poor's, i.e. 3rd rating level on a scale of 22.