Patrick Colle,
Chief Executive Officer of
BNP Paribas Securities Services
Thanks to our strategic partnership with Allfunds, one of the largest fund distribution platforms in the world, we are optimising and enriching the experience provided to our customers who invest in this type of asset. We give them privileged access to a wide variety of investment funds via our integrated distribution platform Fund@ccess, which is based on an operational and technological engine shared with Allfunds. As a result, institutional investors also benefit from increased operational efficiency and next-generation data analysis services.
No. 1
in Cash Management
in Europe for large companies
4 billion euros of equity investments to support SMEs and middlemarket companies in France
BNP Paribas has decided to double its equity investments in the capital of SMEs* and middle-market companies in France, bringing them to 4 billion euros by 2024. This funding aims to support their development while contributing to economic recovery. The Group supports their long-term strategies such as international growth or their digital or energy transformation.
*Small and medium-sized companies.
New products beyond banking services
Thanks to the signature of a partnership with Papernest in October 2020, the advisors of French Retail Banking (FRB) enrich their offer of solutions with a new free and exclusive service to help individual customers optimise their home daily expenses or relocate. With Papernest, customers can compare, take out and/or cancel their subscriptions in order to optimise their contracts for electricity, gas, Internet boxes, mobile phones or mail forwarding. The benefit? Papernest takes over the management of all related administrative procedures. Convinced, 40% of customers contacted have signed at least one contract with our partner. On average, Papernest saves our customers 480 euros per year.