In line with its cooperative values, Groupe BPCE commits to supporting the restoration of Notre-Dame de Paris, together with the Banques Populaires, the Caisses d’Epargne, the federations of each, Natixis and Banque Palatine
Through the combined forces of the Banques Populaires (including Casden and Crédit Coopératif), the Caisses d’Epargne, the federations of each, Natixis and Banque Palatine, Groupe BPCE commits to supporting the restoration of Notre-Dame de Paris following yesterday’s tragic fire.
Groupe BPCE today launches the following initiatives in support of those who fought the blaze and those who will work towards the restoration of Notre-Dame de Paris:
- A donation of 10 million euros on behalf of all the entities of Groupe BPCE to the French Heritage Foundation (Fondation du patrimoine) dedicated to the renovation of Notre-Dame de Paris;
- the opening of an online collection, via Le Pot Commun, to enable employees of Groupe BPCE in France and internationally to donate to the firefighters of Paris and throughout France;
- as a major provider of banking services to SMEs, professionals, craftspeople and associations, Groupe BPCE is reviewing how best it can support all those who will participate in the restoration of this edifice;
- finally, other initiatives will be implemented to complement these measures, notably drawing on our 9 million cooperative shareholders and 30 million clients.
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About Groupe BPCE
Groupe BPCE is the second-largest banking group in France. Through its 100,000 staff, the group serves 35 million customers – individuals, professionals, companies, investors and local government bodies – around the world. It operates in the retail banking and insurance fields in France via its two major networks, Banque Populaire and Caisse d’Epargne, along with Banque Palatine and Oney. It also pursues its activities worldwide with the asset & wealth management services provided by Natixis Investment Managers and the wholesale banking expertise of Natixis Corporate & Investment Banking. The Group's financial strength is recognized by four credit rating agencies with the following senior preferred LT ratings: Moody's (A1, stable outlook), Standard & Poor's (A, stable outlook), Fitch (AA-, negative outlook) and R&I (A+, stable outlook).
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