BNP Paribas today announced that it has been named ‘Most Innovative Investment Bank from Western Europe’ by The Banker magazine in its Investment Banking Awards 2017. BNP Paribas was also named ‘Most Innovative Investment Bank for Climate Change and Sustainability’ for the second consecutive year, and ‘Most Innovative Investment Bank for Structured Products’.
Yann Gerardin, global head of Corporate and Institutional Banking (CIB), BNP Paribas said: “We aim to be progressive in how we serve clients. Our strong CIB platform – diversified, balanced, and a full-service offer that is wholly-integrated into the Group – helps us achieve this aim. Sustainability is a good example. In the 21st century, alongside being digitally savvy, delivering on sustainability is a licence to trade. Our position of strength enables us to explore new financial solutions so that we can accompany our clients in building more sustainable business practices. This will help realise their long-term growth aspirations, and in so doing, ours too as their banking partner. These three awards reflect that our progressive approach resonates with clients, and that is very encouraging.”
In an article published in the September issue of the magazine, The Banker said: “While many of its European peers have been forced to retrench from certain markets to boost lowly profits, the French bank’s Corporate and Institutional Bank (CIB) has not had to restructure, nor cut business lines, nor set up a ‘bad bank’ to offload non-performing assets. For any client rattled by their lender’s lack of commitment to certain business lines, BNP Paribas appears a reliable alternative.”
The Banker magazine has been a trusted source of banking information since 1926. It strives to inform and offers a wide range of news, features, analysis, interviews, and in-depth coverage of all the key issues facing the financial sector. The Banker Investment Banking awards celebrate the most innovative and creative players in the industry over the past 12 months.