Western Europe's best bank for financing 2020: BNP Paribas
Awards for Excellence 2020
The Covid-19 crisis has emphasized the importance of banks that can stand by their clients and bring them funding in the toughest times. Euromoney’s best bank for financing in Western Europe, BNP Paribas, has stepped up to a greater extent than peers, especially on a pan-European level – although its achievements this year go beyond the coronavirus response.
In Western Europe, the bank, led by corporate and institutional banking head Yann Gérardin, increased its market share in Dealogic’s equity and debt bookrunner rankings in the year to the end of March and it continued sit at the top of the syndicated loan league table for that period.
In March and April 2020, its market share in syndicated loans rose to more than double that of its nearest rival.
During the coronavirus crisis BNPP was sole underwriter of syndicated loans amounting to $10 billion for BP, €3 billion for Safran and €2.5