Senators select BNP Paribas 12 July 2011Brussels Reporter: Justin Lawson
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BNP Paribas Securities Services has won a mandate from the Caisse de Retraite des Sénateurs de Belgique (Belgian Senators’ pension fund) to provide clearing, custody and reporting services.
BNP Paribas Securities Services Brussels has worked closely with another entity of the BNP Paribas group - BNP Paribas Fortis Public Banking - to secure the contract with the Senators’ pension fund. This prestigious new mandate will strongly underpin the reputation of BNP Paribas Securities Services vis-à-vis institutional investors, a rapidly growing segment in Belgium.
Renaud Vandenplas, Head of BNP Paribas Securities Services Bruxelles stated: "We’re delighted that the Belgian Senators’ pension fund has entrusted its mandate to us. This package is one of our leading products and it gives me great satisfaction to see it being increasingly appreciated on the market."
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