First Monaco bank signs up for student scheme

Minister of Finance Jean Castellini with Marie-Claire Capobianco, Director of BDDF and a Member of BNP Paribas Group Executive Committee. ©Charly Gallo/Direction de la Communication
Minister of Finance Jean Castellini with Marie-Claire Capobianco, Director of BDDF and a Member of BNP Paribas Group Executive Committee. ©Charly Gallo/Direction de la Communication

The Government of Monaco and BNP Paribas Monaco signed a partnership agreement on Wednesday, February 1, to assist Monegasque students with access to borrowing facilities.

Agreed by Mr Jean Castellini, Minister of Finance and Economy, and Mrs Marie-Claire Capobianco, Director of BDDF (Retail Banking in France) and a Member of the Executive Committee of the BNP Paribas Group, the accord is designed to meet the objectives of the government to help and support Monegasque students throughout their higher education.

This is the first banking establishment in Monaco to be approved for the programme. Other partnerships will be concluded soon, the government said in a press release.

READ MORE: Government launches “student loan assistance”
READ ALSO: IUM launches “Bachelor of Finance”

SHARE