Having worked alongside social entrepreneurs for 25 years, the Group now offers special banking support to facilitate their access to bank loans and expertise.

The new 'Act for Impact ' brand is made up of 3 sections: unrestricted access to products and services from BNP Paribas, access to a network of key partners including over 80 Social Entrepreneur Account Managers to provide tailored support and an adapted credit policy, taking into account the atypical credit risk and social impact analysis of these projects.

In this way, BNP Paribas intends to contribute to the new national momentum driving the Social and Solidarity Economy (SSE), announced by the French government in 2018. The SSE brings together a number of organizations that seek to reconcile social utility, solidarity, economic performance and democratic governance with the aim of creating jobs and developing greater social cohesion.

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BNP Paribas SA published this content on 25 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 May 2018 15:37:08 UTC