BNP Paribas Canada assists Alberta residents affected by recent flooding

Bank contributes to Canadian Red Cross Emergency Fund

CALGARY, July 3, 2013 /CNW Telbec/ - BNP Paribas (Canada) announced today that it will contribute $40,000 this week to the emergency fund operated by the Canadian Red Cross to assist residents of Calgary and surrounding communities stricken by the flooding that has devastated large areas of Southern Alberta in the past few weeks.

"Thousands of residents have suffered significantly and lost their most treasured possessions as a result of this natural disaster. I'm thinking for example of their homes or the memories they've accumulated over a lifetime," said Anne Marie Verstraeten, President and CEO of BNP Paribas (Canada). "We simply can't remain indifferent to this terrible situation. This donation and our other initiatives underscore our solidarity with the province's residents and hopefully, will assist them in their recovery effort."

A tradition where humanity and community come first

This BNP Paribas (Canada) initiative is in keeping with the Bank's long tradition of community support and humanitarian assistance. The Bank recently established the "Rescue and Recover" endowment fund, a program open to donations from BNP Paribas employees worldwide. This program is an expression of solidarity with the victims of humanitarian emergencies - including rapid response to disasters or long-term support for NGOs working to combat the "forgotten" crises around the world. A key feature of the program is that BNP Paribas matches every employee's donation with an equal sum. The funds are then remitted to the three non-profit organizations partnering with the fund: CARE, the French Red Cross and Doctors Without Borders (www.bnpparibas.com/actualites/bnp-paribas-lance-premier-fonds-dotation-associant-ong-entreprise-intervenir-efficacement).

About BNP Paribas (Canada)

BNP Paribas (Canada) (www.bnpparibas.ca), one of the country's largest international banks, has been providing specialized financial services and investment banking expertise to Canadian corporate and institutional clients since 1961. Headquartered in Montreal and with offices in Calgary and Toronto, BNP Paribas' (Canada) offering combines a clear understanding of the Canadian landscape with global-scale expertise.

About BNP Paribas

BNP Paribas (www.bnpparibas.com) has a presence in 80 countries with nearly 190,000 employees, including more than 145,000 in Europe. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across Mediterranean basin countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia-Pacific.

SOURCE: BNP Paribas (Canada)

Sauveur Menella, BNP Paribas (Canada),
Communications Officer

[email protected]
Telephone : [phone]
Mobile : [phone]