Banking for innovative companies – an unique financial & scaling offer delivered by the Innovation Team of BNP Paribas Bank Polska, together with SME & Corporate Business Area. Qorus Banking Innovation Awards 2022

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BNP Paribas (Poland)

Premium
22/09/2022 Banking Innovation
Young, innovative companies are often considered as non-bankable due to their rapid growth and business model not concentrating on profit but mainly on market acquisition. We decided to overthrown this myth and fine-tuned our attitude, rules, and brought additional non-financial services, to become a valuable partner for these companies, to help them scale effectively.
Innovation details
Country
Poland
Category
Offering Innovation
Keyword
Customer experience, SME Banking, ESG & Sustainability

Innovation presentation

We created independent, cross-business unit responsible for servicing innovative companies at different stage of development, with dedicated and well trained Relationship Managers, who understand the specificity of innovative ventures, and thx to mixing banking and VC-like expertise, we are able to support such companies with adequate banking products – including dedicated loans. Here, as the only bank in Poland we are able to lend money (from 500kPLN to 2mio PLN) to companies with innovative products, services and/or business models which are growing rapidly but not yet reached BEP (net profit). To do so, we created a dedicated credit policy which enables us to assess the company adequately to its development phase. We are filling the market gap in financing innovation – and at the same time we are building client portfolio of future market leaders.

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