BNP Paribas Group does not expect financial losses from the war in Ukraine and has allocated EUR10 million to finance the activities of the UN, the International Committee of the Red Cross and Doctors Without Borders in Ukraine, the press service of the group reported.
“BNP Paribas confirms the group’s overall financial goals for 2025 … The group benefits from the demonstrated resilience and ability to adapt its diversified and integrated model, as well as the quality of its risk profile,” it said.
According to a press release, the group has also launched a Rescue and Recovery Fund to collect donations from employees and is doubling down on donations.