2023 Integrated Report

Our initiatives to support the transitions

BNP Paribas Mobility, mobility in all its forms

In October 2023, BNP Paribas launched a dedicated brand, BNP Paribas Mobility, to unite all its business lines involved in developing mobility. Building on the strength of its integrated model, it reinforces the Group’s European leadership on this key issue, one of the main challenges in the transition to a low-carbon world. Explanations.

BNP Paribas Mobility brings together all our cross-functional initiatives on mobility. In this highly competitive market, this umbrella brand stands out for the quality of its offering and the complementary nature of its lines of expertise. BNP Paribas Mobility thus strengthens our position as a preferred partner of our corporate and individual clients in their transition to new, more sustainable, safer and more accessible forms of mobility.

Accelerating the electrification of transport

Through BNP Paribas Mobility, we support the roll-out of low-carbon mobility. It’s in this context that we signed a long-term strategic partnership with the car manufacturer ZEEKR on financing for electric mobility. Working with BNP Paribas Personal Finance and Arval, this premium brand offers its European clients a comprehensive range of financing, leasing and insurance services. Other Group business lines support the manufacturer: BNP Paribas Cardif for insurance products and Corporate & Institutional Banking for banking services.

We’re also working to accelerate the development of electric and hydrogen charging stations. It was against this backdrop that Commercial & Personal Banking in France (CPBF) advisedChargepoly, a start-up specialising in ultra-fast recharging for electric vehicles, on its €15 million fundraising operation. A leasing finance programme with the start-up was also set up with BNP Paribas Leasing Solutions. A fine example of synergies for sustainable mobility.

Providing individuals with solutions combining mobility and financing

As part of the cross-functional BNP Paribas Mobility initiative, CPBF offers individuals an “all-in-one” digital platform, Mobility4you, developed with Arval, BNP Paribas Personal Finance and BNP Paribas Cardif, to build their mobility projects in France. By cross-referencing their travel needs, budget and environmental impact criteria, everyone can access a personalised selection of turnkey offers to find and finance the most appropriate mobility solution.

For its part, BNP Paribas Bank Polska launched, again under the BNP Paribas Mobility brand, the mamGO platform, which enables people to find a car and finance it. The initiative was implemented in close collaboration with BNP Paribas Personal Finance, Arval, BNP Paribas Cardif and BNP Paribas Leasing Solutions.

Providing leasing services in 56 countries

Lastly, as part of their Global Alliance, Arval and its partner Element Fleet Management signed a strategic agreement with Sumitomo Mitsui Auto Service extending the geographical coverage of their alliance, which now manages 4.4 million vehicles worldwide. Their clients benefit from car rental and fleet management services in 56 countries. The agreement also highlights the partners’ joint commitment to supporting their global clients in pursuing the energy transition of their vehicle fleets and in meeting their CSR objectives.