Rescue and Recover Fund: where BNP Paribas Personal Finance and the French Red Cross meet!
June 20, 2017 at 05:49 am EDT
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J-C. C.: Alongside the Fund and its partner organisations, we must continue our efforts to end suffering and reduce inequality. Although everyone understands need for cooperation between governments, humanitarian agencies, institutions and civil society, we still have much work to do to work better together and improve synergies. In particular, I'm thinking about the issue of migration, a complicated, changing topic that is central to our era. It requires global, effective cooperation between the various stakeholders.
Finally, a humanitarian initiative cannot have a lasting impact without putting communities at the centre of its actions. The role of humanitarian agencies and their partners is to give communities the tools they need to rebuild their lives and meet their own needs over the long term, independently and with dignity. As a result, we need to experiment with and expand projects that are grounded in this type of thinking. Private initiatives such as the Rescue and Recover Fund help make such work possible. THANK YOU!
BNP Paribas SA published this content on 20 June 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 June 2017 09:49:09 UTC.
Original documenthttps://group.bnpparibas/en/news/rescue-recover-fund-bnp-paribas-personal-finance-french-red-cross-meet
Public permalinkhttp://www.publicnow.com/view/420B7E4274B6AFF4D74A9CBFC06D65EA9F0E898D
BNP Paribas is France's largest banking group. Net banking product (NBP) breaks down by activity as follows:
- retail banking (54%): retail banking activity in France (24.1% of NBP), in Belgium (14.6%), and Italy (10.2%). The remainder of the NBP (51.1%) is from international activities and specialized financial services activities (consumer loans, real estate credit, leasing credit, car fleet management, computer equipment leasing);
- finance and investment banking (34.4%): consulting and capital market activities (83.7% of NBP; merger-acquisition consulting, activities related to the stock, interest, and exchange markets, etc.) and financing (16.3%; financing for acquisitions, projects, raw material transactions, etc.);
- institutional and private management and insurance (11.6%): asset management, private banking activity (No. 1 in France), real estate and on-line brokerage services, insurance and securities services (No. 1 in Europe for retained securities).
At the end of 2023, BNP Paribas was managing EUR 988.5 billion in current deposits and EUR 859.2 billion in current loans.
Net banking product is distributed geographically as follows: Europe, Middle East and Africa (82.9%), America (9.8%) and Asia/Pacific (7.3%).
BNP PARIBAS 
