BNP Paribas, helping Germany to finance its climate change strategy
In June 2023, our Corporate & Institutional Banking division acted as joint bookrunner for a new green bond issue for the Federal Republic of Germany. Worth €4.5 billion, it will mature in August 2053. This transaction illustrates BNP Paribas’ commitment to supporting its sovereign clients’ transition to a more sustainable economy.
BNP Paribas Personal Finance and Arval, working towards more responsible mobility
Having become one of the preferred means of transport for Europeans, the electrically assisted bicycle remains expensive to purchase.
To improve affordability, BNP Paribas Personal Finance has designed a long-term leasing service marketed by its Cetelem brand for individuals in France. Available for electric and standard bicycles, it includes an annual maintenance and service package allowing subscribers to equip themselves with complete peace of mind. In addition, BNP Paribas Personal Finance has signed a partnership agreement with Canyon, the German manufacturer and distributor of high-end bicycles. Already a partner of Consors Finanz, BNP Paribas Personal Finance in Germany, Canyon now extends this partnership to Spain, Italy, France and Belgium through a platform of standardised multi-country APIs(1). For its part, through a partnership with Zenride, a start-up specialising in bicycle hire, Arval is giving companies the opportunity to offer their employees an “all-in-one” package available in over 700 sales outlets in France and on specialised websites.
BNP Paribas’ leadership in sustainable finance is regularly recognised
In 2023, BNP Paribas received the award for “World’s Best Bank” and, for the third consecutive year, was recognised as the “World’s Best Bank for Sustainable Finance” by Euromoney. This leading financial publication underlined the Group’s continuous support for its clients and for a more sustainable economy. BNP Paribas was also the only French bank selected among the “100 Most Sustainable Companies of 2024” by Corporate Knights and the only major international bank in the international ranking of the CDP (formerly known as the “Carbon Disclosure Project”) to receive an A rating. Lastly, International Financing Review (IFR) awarded BNP Paribas eight prizes, including “ESG Financing House”, at the IFR Awards 2023.