Saturday, 7th November 2009

 

28 May 2008 - Tara Loader Wilkinson

BNP Paribas Private Bank launches philanthrophy service

BNP Paribas Private Bank has launched a new service which offers an advice to clients interested in philanthropy, and allows the wealthy to donate directly to various causes.

The new service - the BNP Paribas Foundation - is designed to faciliate greater links between the bank's rich clients and charities.

A spokeswoman at the bank said: "We had more and more people coming to us saying, 'I want to become involved in philanthropy, but I don’t know how to go about it'.’’

Since the foundation's launch, the bank said it has already received several large donations from its wealthy clients.

As part of the launch, BNP Paribas inaugurated its Grand Prix BNP Paribas 2008 award for philanthropy, which went to Mo Ibrahim, while the Prix Coup de Cœur award was presented to Amina Laraki-Slaoui, both for philanthropic commitment in a developing country.

Dr Ibrahim was awarded the Grand Prix for his work promoting good governance in Sub-Saharan Africa via The Mo Ibrahim Foundation.

Amina Laraki-Slaoui was awarded the Prix Coup de Cœur by the jury for the Noor centre for disabled persons, which she established in Morocco after suffering a serious accident.

Tags: BNP Paribas , France

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