Organisation

BNPP

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BNP Paribas
Organisation general information
Organisation name: 
BNP Paribas
Founding year: 
2006 (as per microfinance activity under the corporate and social responsibility)
Country: 
France
Total number of staff: 
180 000
Resources dedicated to microfinance: 
6
Percentage of microfinance activities: 
Between 0 and 20%
Type of organisation: 
For profit
 
Financial institution, Bank
Organisation's contact person
Contact person: 
Ms. Claudia Belli
Address: 
22 avenue de l’Opéra
F-75002
Paris
France
Website:
www.bnpparibas.com
Phone: 
+331 42986625
Organisation summary
Mission: 

BNP Paribas has a presence in 75 countries with more than 180,000 employees, including more than 140,000 in Europe. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. At BNP Paribas, 2 flagships work on financial inclusion. Nickel and Microfinance.

Nikel is a fintech that works based on prepaid credit cards, has 2.2 million clients who at 80% earn less than 1500 euro per month.

Microfinance is a powerful lever of inclusion for people usually excluded from the traditional banking system: it allows them to start entrepreneurial micro-projects and improve their living standards. Thanks to the funding and services it offers to microfinance institutions, the Group has become a key player in this sector, alongside specialist funds and multilateral agencies.

The unique model for microfinance is

  • to work alongside all business lines (lending, investment, saving, insurance, … but also cost functions like HR ),
  • to finance MFI in high income countries as well as low income countries
  • to finance though the Bank’s balance sheet and not though a foundation
Type of intervention: 
  • Equity
  • Loans
  • Subsidies / donations in money
  • Technical Assistance
Countries of intervention: 
Africa
Asia
Europe
North America
South America
Areas of intervention: 
  • Macro level: Client protection, Supporting networks and associations, Strengthening national/regional microfinance support sector, Capacity building (focused on all MFIs)
  • Intermediate level: Social impact/performance
  • Micro level: Capital/equity investments, Performance (financial and social)
  • Other themes: Impact and performances studies
Main competences: 
  • Financing MFIs through several levers
  • Raising saving and directing it to MFIs :
    • Employee savings schemes partially invested in Microfinance funds (As the Investment funds Global Bond Plus, Multipar Solidaire Obligataire and Multipar Solidaire Dynamique)
    • Clients saving funds partially invested in other microfinance funds (SICAV Oblietheis) and FCP BNP Paribas Social Business France where a portion of the "solidarity part" is invested intro Microfinance
  • Refinancing MFIs portfolio; BNPP is refinancing the portfolio of at least one MFI in each of the following countries: France, Italy, Belgium, Luxembourg, Netherlands, UK, USA, Colombia, Brazil, China, Indonesia, Vietnam, India, Morocco, Cote d’Ivoire, Senegal and South Africa
  • Indirect support through own capital investment (loan or equity) in Specialized Microfinance funds
  • MFI’s social performance evaluation
  • Matching of skilled volunteers to MFI needs
BNP Paribas's picture