As part of the implementation of Act No. 1.425 of 6 May 2016 on the creation of financial support from the State to facilitate Monegasque students’ access to loans, the Prince’s Government and BNP Paribas Monaco signed a partnership agreement today.
This agreement, which was signed by Mr. Jean Castellini, Minister of Finance and Economy and Ms. Marie-Claire Capobianco, Director of the French retail bank BDDF (Banque de détail en France) and a member of the Executive Committee of the BNP Paribas Group, will make it possible to meet the aims of the Prince’s Government with regard to helping and supporting Monegasque students throughout their higher education studies.
This is the first banking establishment in the sector with which such an agreement has been entered into.
Other partnerships are due to be agreed shortly.