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News

02.05.2017

BNP Paribas Fortis takes over PaySquare's business in Belgium

Our bank now offers PaySquare customers in Belgium a comprehensive palette of services for the collection of card payments, with payments being executedon D+1.

Nothing changes

Does your business use PaySquare Belgium's services to process transactions on its payment terminals or e-commerce platforms? In practical terms, nothing will change for you:

  • you can keep using your terminals and e-commerce platforms;
  • you will continue paying the same rates;
  • you do not have to sign any documents or a new contract.

The money comes in even faster!

You are and will remain in good hands: thanks to our partnership with SIX Payment Services, a major player in the card transactions business in Europe, we can offer you a fully comprehensive service:

  • payment of the receipts into your business account on the following business day (even for an e-commerce transaction);
  • complete and detailed reporting of all transactions available by e-mail and via an internet portal (myPayments);
  • 24/7 support (commercial, administrative and technical) in French, Dutch and English.

In practical terms, what do you have to do?

You do not need to take any special steps. To start, your business will soon receive or may have already received a letter to which various documents are attached, including the new general terms and conditions. In the absence of a response from you within 60 days from the date on which this letter is sent, we will consider that you accept these general terms and conditions.

Our employees will then contact you to prepare in the best possible way the switchover from the PaySquare systems to the SIX Payment Services platform.

A deal under the lead of the European Commission

The acquisition by BNP Paribas Fortis of PaySquare's business in Belgium originates from the merger between Worldline and Equens, and results from the application of the European Union's merger regulation.

The European Commission's approval of this merger was conditional upon the divestment of PaySquare's Belgian activities (part of the Equens Group).  

Would you like to know more about the background and practical arrangements or legal aspects?

News

16.04.2019

Do companies really want a more sustainable world?

Yes, the success of our Sustainable Business Ateliers is good proof of that. Most companies are aware of their social responsibility, but some are in need of information. To help them on their way, BNP Paribas Fortis organises regular regional Sustainable Business Workshops. Last year, our bank organised two pilot sessions in Liège and Limburg and more recently it was the turn of Namur, Gits (in West Flanders) and Ghent. Other Belgian cities will be announced soon.

Programme

During the Sustainable Business Workshops the invited clients are inspired by the experts from our Sustainable Business Competence Centre, and by other clients who speak about the actions they have already taken with their business.

After the presentations, participants are divided into groups and share experiences led by a moderator.

How do clients rate them?

Feedback from the participants revealed that the focus on cooperation and networking opportunities are the greatest advantages of the Workshops. Those attending always include representatives of small, medium-sized and large businesses from a variety of sectors - a diversity which participants find highly enriching. After all, no single company can overcome all of the present challenges on its own. Companies will not only have to cooperate with one another, but also with the government, universities, startups, etc. to make progress.

According to the participants, BNP Paribas Fortis is also the only financial service provider that goes great lengths to support companies in the area of sustainable business, by analysing at which stage of the sustainable business path the companies are and by guiding them to use sustainability as an opportunity for their activities.

Do you want to participate in one of our Sustainable Business Workshops? Please contact your Relationship Manager for the practical details.

Not a client yet? And do you want to know more about the guidance we offer and the benefits of sustainability for your company? Discover what our Sustainable Business Competence Centre can do for you.

News

02.04.2019

Solvay links the cost of credit to a reduction in greenhouse gases

Solvay has agreed new terms in an existing €2 billion revolving credit facility, linking the cost of credit to a reduction in greenhouse gases. Solvay concluded this positive incentive agreement with its syndicate of nine banks. BNP Paribas Fortis is acting as Sustainability Coordinator and agent bank to Solvay’s long-term banking partners.

Solvay announced in September 2018 a commitment to cut greenhouse gases from its own operations by 1 million tonnes by 2025 relative to 2017 levels. The Group intends to achieve this reduction by further improving energy efficiency, energy mix and by investing in clean technologies. “We seek to integrate sustainability into all key aspects of our business, including financing. Associating Solvay's ambitious greenhouse gas emissions target to the cost of credit is a logical step. The successful teaming up with our banks shows that the way towards more sustainability is a collective effort," said Jean-Pierre Clamadieu, CEO of Solvay.

I am proud that Solvay has mandated BNP Paribas Fortis to introduce a Positive Incentive Loan mechanism that supports Solvay’s ambitions in reducing greenhouse gas emissions. This innovative solution is a clear example of how we and the syndicated banks we represent aim to serve our clients in terms of value creation. Collaboration between banks and clients is key in driving the economy forward to a more sustainable future,” said Max Jadot, CEO of BNP Paribas Fortis.

Read the full Press Release

News

27.03.2019

BNP Paribas Fortis : 2018 annual results

CEO Max Jadot: “In spite of the lower pace of economic growth, low interest rates and tensions in international trade, our net profits of 1.9 billion in 2018 held up well. We continued to realise our mission to support the economy in a sustainable way by enabling our clients’ projects and safeguarding and developing their assets. (…) In a highly competitive and fast-changing environment, we are building the bank for the world of tomorrow. I would like to thank our customers for their trust and our colleagues for their engagement and effort in achieving our goals.”

Read the press release

2018 Full Year Results

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