Offer with a positive impact

We make sure that our products are available to groups at risk of exclusion. We support the development of entrepreneurship and social innovation with our range of products and services. We also wish to contribute to the energy transformation and popularisation of solutions that protect the natural environment.

The list of products and services that support green solutions can be found in the Environmental perspective chapter.

The development of the sustainable product offering and the ambition to sell them are embedded in the objectives of the entire senior management team and, in the case of individual business lines, cascaded successively to the sales teams.

In order to be able to offer clients favourable financial conditions within the framework of the sustainable products offered, in 2020 we introduced a formal catalogue of products and investment types with positive impact entitling them to apply preferential internal transfer pricing, which allows us to significantly strengthen the competitiveness of our offer.

Information about the „Little Mr/Ms Independence Account” can be found here.

Information about “Mission: Independence” can be found here.

We provide Ukrainian citizens living in Poland with amenities that facilitate the use of banking products.

At our Bank, citizens of Ukraine can easily open the „Account Open to You”. It was created for Customers who value transparent and straightforward solutions in banking. The Bank has also prepared a website and advertising materials in Ukrainian. Customers can choose Ukrainian on our hotline.

In 2021, we created a banking guide in Ukrainian. It includes information such as:

The Bank maintains nearly 250,000 accounts for people of Ukrainian citizenship.

Wealth Management Customers can decide to rely on ESG criteria in their mutual funds investments, which are available in the BNP Paribas Wealth Management product offer. In 2021, we created two new responsible investment funds for our Customers. We currently offer twelve funds that meet ESG criteria. They are managed by: BNP Paribas Asset Management, Blackrock, Franklin Templeton, Fidelity, Generali and NN.

Our Wealth Management Customers can also choose structured products offered by the Brokerage House. We allocate part of the income to implementing pro-climate projects, e.g., the construction of a polar research station in cooperation with the TaraOcean Foundation. We are also preparing to introduce more responsible investment products in 2022.

In 2021, we aimed to increase the awareness of Wealth Management advisors about the UN Sustainable Development Goals. We explained the potential of investments to have a positive impact on the environment and organised training courses for employees to discuss ESG risks in investments.

In March 2021, we introduced the possibility of financing new and used agricultural equipment without the borrower’s contribution. The changes concerned both the Agro Progress Loan and the Union+ Loan.

In February 2021, the Agency for Restructuring and Modernisation of Agriculture (ARMA) relaunched the line of investment loans with partial repayment of capital for the purchase of agricultural land by young farmers. The applicants must be under 40 years old on submitting the loan application. They need to possess agricultural qualifications or commit to obtaining them within three years of signing the loan agreement. The product is dedicated to farmers starting a farm or running one for fewer than 24 months.

The Bank is also open to cooperation with social economy enterprises. We support entities that generate profit, but also possess clear social and environmental goals and reinvest the profit to support their mission.

On September 12, 2021, BiznesPl@net banking was replaced by GOonline Business. Customers received access to a new login page and a new version of the Accounts module, which allows for more intuitive and comfortable navigation. Additionally, corporate and SME Customers can open a new account online, without the need to leave their offices or provide the Bank with any additional documents. They can complete the process on their own, using the automatic account application within the GOonline Business platform.

The Bank strengthens its efforts to exert a positive social impact. Therefore, in 2021, we granted financing to the Social and Economic Investment Company (TISE), which finances and refinances loans of social economy entities.

TISE is a loan fund for micro, small and medium-sized enterprises, NGOs and social enterprises. It was founded by BISE Bank in 1991. The current owner is the French Crédit Coopératif Bank. Initially, TISE was a venture capital fund. Since 2008, it has been granting loans using its own and EU funds (made available, among others, by Bank Gospodarstwa Krajowego and the EIF). TISE is a founding member and the only Polish representative in the European Federation of Ethical and Alternative Banks. It is made up of institutions that finance social and ethical projects. For more information on the European Federation of Ethical and Alernative Banks, please visit: www.febea.org. TISE has already granted over 9,000 loans for a total of PLN 1.3 billion.

In July 2021, Raben Group – a European logistics company – signed an agreement for a five-year loan related to sustainable development, i.e. the Sustainability Linked Loan (hereinafter: SLL). The total value of the loan was EUR 225 million. It is one of the first SLL syndicated loans in the European logistics industry. Our Bank is the Sustainable Development Coordinator in this transaction.

The SLL loan margin depends on the extent to which a company meets the conditions of the agreement. The requirements are defined by five key performance indicators (KPIs). Among these are ESG risks for the road transport and logistics sector, which are essential in the operations of Raben Group.

Raben Group monitors and limits greenhouse gas emissions resulting from its activities. The company strives to create gender-diverse work teams. It also implements good corporate governance practices. The SLL loan is an important step for the European road transport and logistics sector, as well as for the Polish financial market.

The Bank signed a syndicated loan agreement worth PLN 155 million for the Scanmed Group, a leader in the Polish medical services market. The Bank acts as the collateral agent, original lender and loan organiser In the transaction. We provide 50% of the funding.

The loans are intended for the refinancing of Scanmed Group’s existing debt and financing current needs. The debt was refinanced in connection with the acquisition of Scanmed Group by the subsidiary of an Abris Capital Partners fund. Abris provides Scanmed Group with strategic support in expanding the range of services and geographic coverage, as well as continuing the development of medical facilities specialising in key therapeutic areas.

The Bank is the loan agent and one of the main financing organisers within a consortium of four institutions. It has the largest share – PLN 350 million. The transaction will contribute to the long-term development of Polpharma. It will enable the company to implement research and development projects and investments in the field of environmental protection. The total value of financing amounts to PLN 800 million.