Raleigh and BNP Paribas (Suisse) SA announce 3 year partnership

12th July 2016
Philippe Penet from BNP Paribas (Suisse) SA and Stacey Adams, Raleigh sign the contract

Raleigh is delighted to announce a three year partnership with European bank BNP Paribas (Suisse) SA. The collaboration will allow us to create further lasting change in Nepal.

BNP Paribas (Suisse) SA will contribute vital financial support, whilst providing employee volunteering opportunities and skills training to Raleigh’s sustainable development projects in Nepal. These projects will see young Nepali and volunteers from around the world come together to work alongside some of the country’s poorest rural communities, where they will work to rebuild and improve safe water and sanitation facilities.

James Sutton, Business Strategist at Raleigh International says: “The spirit of Nepal’s rural communities following the earthquakes last year has been incredible. This exciting partnership will strengthen the resilience of those affected, contribute to lasting change, and help to build a youth leadership culture. We would like to give BNP Paribas (Suisse) SA a warm welcome to the Raleigh family and thank them for being part of our mission to create lasting change through youth.”

In the first year of the partnership, two BNP Paribas (Suisse) SA employees will volunteer on a Raleigh project, applying their financial skills to support youth entrepreneurs. A further eight employees will participate as volunteers on Raleigh expeditions in Nepal in 2017 and 2018. Over a three year period, communities affected by the earthquake will also benefit from vital funding to deliver Raleigh’s programmes in Nepal, including housing regeneration and water & sanitation provision, based on a Project Agreement signed with the Government of Nepal.

Philippe Penet, CIB Head of Specialised Trade Solutions at BNP Paribas (Suisse) SA, says: “We share the values of inspiring young people to make a positive change, values that are embedded in Raleigh International’s work in Nepal. That is why we are proud to support such their projects, and to contribute to a sustainable future through providing safe water and sanitation and creating young leaders.”