Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

NatWest increases support for Great British Entrepreneur Awards

EDINBURGH, 27-Apr-2017 — /EuropaWire/ — Now in its fifth year, the Great British Entrepreneur Awards have celebrated some outstanding entrepreneurs who have gone on to become household names. With increased support from NatWest, the organisers have been able to extend the … Read the full press release

Barclays study: UK population is offer-phobic

The average Brit is offer-phobic, missing out on £520 from ignoring offered deals Barclays sends fleet of coffee vans around the UK, but there’s a twist… The vans will hand out breakfast and £7 to commuters across the UK LONDON, … Read the full press release

EBRD loans EUR150 million to Turkey’s carmaker Ford Otosan

New €150 million loan to Turkey’s top carmaker LONDON, 26-Apr-2017 — /EuropaWire/ — In a new boost to the Turkish automotive industry, the EBRD is providing a €150 million loan to Ford Otomotiv Sanayi A.Ş., (Ford Otosan) to finance improvements to … Read the full press release

Integrating Eastern Europe’s Regional Gas Markets discussion at the EBRD 2017 Annual Meeting and Business Forum

Gas markets underline the importance of integration LONDON, 26-Apr-2017 — /EuropaWire/ — Integration is one of the qualities of a successful modern economy as defined by the EBRD in its new transition concept.  But why is it better to be integrated … Read the full press release

EBRD, PE firm Actera, Esas Holding acquire majority stake in Turkish producer of flexible packaging Korozo Ambalaj

New shareholders aim to develop business into a leading European player LONDON, 26-Apr-2017 — /EuropaWire/ — The EBRD, Actera – the leading private equity investor in Turkey – and Esas Holding – a venture capital firm established by the Sabanci family … Read the full press release

Business Lending in Germany Rise by 2.6%

New business loans up 2.6% in fourth quarter of 2016 Increase driven by the expectation of rising borrowing costs, but businesses remain reluctant to invest KfW Research expects business lending to continue rising moderately in the first half of 2017 … Read the full press release

EBRD buys 9.48 per cent stake in real estate investment trust company Griffin Premium RE..

Investment vehicle expected to be listed on Warsaw Stock Exchange on 13 April LONDON, 13-Apr-2017 — /EuropaWire/ — The EBRD has become a shareholder in Griffin Premium RE..N.V, a company structured as a real estate investment trust ( REIT) and operating … Read the full press release

EBRD and Bulgaria’s Société Générale Expressbank AD join forces under a risk-sharing agreement

LONDON, 13-Apr-2017 — /EuropaWire/ — Strengthening the competitiveness of Bulgarian companies through improved access to finance, the European Bank for Reconstruction and Development (EBRD) and Bulgaria’s Société Générale Expressbank AD (SGEB) are joining forces under a risk-sharing agreement. The Risk Sharing … Read the full press release

EBRD names Irina Kravchenko as new Head of its operations in Mongolia

LONDON, 11-Apr-2017 — /EuropaWire/ — The EBRD has appointed Irina Kravchenko as the new Head of the Bank’s operations in Mongolia. She will be based in Ulaanbaatar, the country’s capital city. Ms Kravchenko’s arrival has coincided with Ulaanbaatar joining the EBRD’s … Read the full press release

pbb Deutsche Pfandbriefbank to finance investment projects in the Basque Country

New transaction with the Basque Country (“Euskadi”) pbb provides €100 million financing for major public investments MUNICH, 10-Apr-2017 — /EuropaWire/ — pbb Deutsche Pfandbriefbank, the specialist public investment and real estate lender, has provided a €100 million long term loan … Read the full press release

KfW funds construction of the largest solar power complex in the world

Breaking ground for the fourth solar power plant in Ouarzazate NOORo I – IV becomes the largest solar power complex in the world Electricity for 1.3 million people Frankfurt am Main, 07-Apr-2017 — /EuropaWire/ — In the presence of the Moroccan … Read the full press release

Intesa Sanpaolo inaugurates two new offices in Abu Dhabi and Doha

Mauro Micillo, Head of the CIB Division and CEO of Banca IMI: “We are in the Gulf to support the internationalisation of Italian businesses and to consolidate our ties with local and international customers” The overseas network of the CIB … Read the full press release

New funding for pulses and rice producer boosts agribusiness in Turkey

Family business looks to new markets LONDON, 03-Apr-2017 — /EuropaWire/ — In a new boost to agribusiness in Turkey, the EBRD is providing a €20 million loan to Yayla Agro, a family-owned producer of pulses and rice in Turkey. An ambitious … Read the full press release

EBRD and New Development Bank to maintain continuous working relationship

European Bank for Reconstruction and Development and New Development Bank agree on dialogue and cooperation at NDB Annual Meeting in New Delhi LONDON, 03-Apr-2017 — /EuropaWire/ — The New Development Bank (NDB) and the European Bank for Reconstruction and Development (EBRD) … Read the full press release

KfW IPEX-Bank provides financing to build new and modern logistics centre in Koblenz for REWE

Frankfurt am Main, 28-Mar-2017 — /EuropaWire/ — Working together with another bank, KfW IPEX-Bank is providing financing to build a new and modern logistics centre for the REWE retail group in Koblenz. The loan of up to EUR 58 million … Read the full press release

MOU To Promote Sustainable Finance in Kenya and Mongolia Signed

The Hague, 22-Mar-2017 — /EuropaWire/ — Kenya Banking Association (KBA) and the Mongolian Bankers Association (MBA), members of the IFC-supported Sustainable Banking Network (SBN), signed a Memorandum of Understanding (MOU) to advance environmental and social risk management and sustainable financing practices … Read the full press release

BNP Paribas Strengthens Its Position in European Corporate Banking and Cash Management according to Greenwich Survey

PARIS, 20-Mar-2017 — /EuropaWire/ — BNP Paribas today announces it has strengthened its existing market-leading position in European large corporate banking and cash management, according to results published today (March 2) by Greenwich Associates. BNP Paribas ranked first place in the following categories: … Read the full press release

HSBC Holdings plc announces the appointment of Mark Tucker as Group Chairman

LONDON, 17-Mar-2017 — /EuropaWire/ — HSBC Holdings plc announces the appointment of Mark Tucker as a director and Group Chairman Designate from 1 September 2017. Mr. Tucker will take over as non-executive Group Chairman on 1 October. Mr Tucker is … Read the full press release

Deutsche Bank’s Supervisory Board nominates Gerhard Eschelbeck and Alexander Schuetz as new members

FRANKFURT, 17-Mar-2017 — /EuropaWire/ — The Supervisory Board of Deutsche Bank (XETRA: DBKGn.DE/NYSE: DB) will submit a proposal for the Annual General Meeting on 18 May 2017 for two new members to be elected to the Supervisory Board. Gerhard Eschelbeck is … Read the full press release

MAYKOR-BTE to provide technical support to TKB Bank’s ATM Network

MOSCOW, 16-Mar-2017 — /EuropaWire/ — BTE (a subsidiary of MAYKOR), which specializes in servicing banking equipment, won the tender for technical support of TKB Bank’s fleet of ATMs. The scope of the contract covers 60 regions in Russia. According to the … Read the full press release

EBRD gives an overview of its climate resilience investment activities

LONDON, 15-Mar-2017 — /EuropaWire/ — The world is changing – 2016 was the hottest year on record, setting a new high for the third year in a row. In the same year, carbon dioxide levels officially passed the symbolic 400 ppm … Read the full press release

EBRD supports DIY retail chain OMA to open up to nine new stores across Belarus by the end of 2019

Project to promote cross-border cooperation and business expansion LONDON, 15-Mar-2017 — /EuropaWire/ — Belarusian customers will benefit from the expansion of the leading domestic DIY retail chain OMA supported by the EBRD. The European Bank for Reconstruction and Development (EBRD) is … Read the full press release

EBRD celebrates four years of its Advice for Small Business programme in Jordan

ASB programme has provided support and advice to 191 SMEs in the country. LONDON, 15-Mar-2017 — /EuropaWire/ — The EBRD is celebrating four years of support for small businesses in Jordan under the Bank’s Advice for Small Business programme funded by … Read the full press release

EBRD on talks with Uzbekistan government on ways of increasing its engagement in the country

Discussions with government on ways to increase EBRD engagement in the country LONDON, 15-Mar-2017 — /EuropaWire/ — An EBRD delegation, headed by President Suma Chakrabarti, will visit Uzbekistan on 15-17 March 2017. The visit will include high-level meetings with the authorities … Read the full press release

Allied Irish Banks (AIB) sets new targets for gender representation and other family-friendly policies

Sets targets to have 40% women represented at management level Announces two weeks’ paid paternity leave Launches Mind the Gap initiative for women on maternity leave DUBLIN, 15-Mar-2017 — /EuropaWire/ — AIB today announced a Diversity and Inclusion Week which aims … Read the full press release

DEG funds biodegradable packaging and disposable tableware manufacturer BIO-LUTIONS GmbH

Product made from agricultural waste replaces plastic packaging Production plant to be built in India EUR 500,000 from the Up-scaling Programme COLOGNE, 14-Mar-2017 — /EuropaWire/ — Waste from plastic packaging is a growing environmental problem throughout the world. The Indian government … Read the full press release

Vienna Initiative to Promote Investment Diversification in CESEE through New Working Group

LONDON, 07-Mar-2017 — /EuropaWire/ — The Vienna Initiative has agreed to establish a Working Group on Capital Markets Union. This follows the European Union’s push to strengthen Capital Markets which will have a major impact on financing of investment and sustaining growth … Read the full press release

Lloyd’s indicates support as it awaits completion of Standard Life And Aberdeen merger

LONDON, 07-Mar-2017 — /EuropaWire/ — Lloyds Banking Group (Lloyds) notes the announcement of the proposed all-share merger of Standard Life plc and Aberdeen Asset Management plc (Aberdeen). Lloyds has provided Standard Life and Aberdeen non-binding indications of support in its capacity … Read the full press release

Pbb Provides £147M Facility to Prologis Logistics Venture SCSp

Facility finances seven newly constructed or to be constructed logistics assets located across the United Kingdom Deal indicative of continued strong performance of UK logistics sector Munich/London, 06-Mar-2017 — /EuropaWire/ — pbb Deutsche Pfandbriefbank has provided a £147 million facility (approx. … Read the full press release

NIB Signs a 7-Year Loan Agreement With Valio Ltd. For Research

NIB and the Finnish dairy company Valio Ltd. have signed a 7-year loan agreement totalling EUR 40 million to finance the company’s research programme in 2016–2020. HELSINKI, 03-Mar-2017 — /EuropaWire/ — Valio’s R&D programme aims to develop new products to expand … Read the full press release