Cases & Deals

BNP Paribas Fortis SA/NV updates its Programme for continuous issuance of Saving Certificates

Client(s) BNP Paribas Fortis SA/NV

Jones Day assisted BNP Paribas Fortis SA/NV, the largest Belgian bank, part of the BNP Paribas Group, in connection with the update of their Programme for the continuous issuance of savings certificates (“bons de caisse”/”kasbons”). Savings certificates are debt instruments issued by banks on a continuous basis. In Belgium, they benefit from the protection of the Belgian deposit scheme granted by the Belgian Guarantee Fund up to €100 million per person and, subject to certain limitations, from a special priority lien (“privilège”/”voorrecht”) on all movable assets of the bank for the amounts in excess thereof (and accordingly will not be subject to bail-in). The base prospectus was approved on 3 June 2025 by the Belgian Financial Services and Markets Authority (FSMA).