COVID-19 • Companies news
BNP Paribas supports South Africa's national efforts to combat Covid-19 pandemic with a financial boost of R 6.5 million
As part of the EUR 50 million emergency support loan launched by BNP Paribas, South Africa’s national efforts to combat the CoVid19 pandemic will receive a financial boost of R 6.5 million.
The emergency plan was created in response to the global health crisis and aims to support hospitals and institutions that help the most vulnerable and disadvantaged people in the countries where we have a significant presence. BNP Paribas and our wholly owned subsidiary RCS, have directed the financial contribution to South Africa’s CoVid19 Solidarity Fund, set up by President Ramaphosa to help local communities deal with the impact of the virus, and a number of local NGOs including Haven Night Shelter and Afrika Tikkun in support of the amazing work they are doing to care for the most affected by the pandemic.
About BNP Paribas
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 71 countries and locations, with 198,816 employees. BNP Paribas Group in South Africa is represented by: a Full Commercial Branch in Johannesburg; RCS Ltd, a South African consumer finance company based in Cape Town.
