Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

DEG to provide long-term loan to SREI Equipment Finance Ltd. to fund infrastructure and construction equipment requirement in India

USD 25 million for SREI Equipment Finance Limited Financing for infrastructure and construction equipment to small and medium-sized enterprises Long-standing partnership with SREI Group COLOGNE, 07-Feb-2017 — /EuropaWire/ — The infrastructure sector is a major driver of the Indian economy. … Read the full press release

KfW Award for Housing and Construction to recognise top sustainable living projects; now on its 15th year

The deadline is 1 March 2017 KfW Award for Housing and Construction celebrates 15th anniversary Winners receive a total of EUR 30,000 This year’s motto: “Enlarge, extend, convert – creating and modernising efficient living space” Frankfurt am Main, 07-Feb-2017 — … Read the full press release

ICBPI to acquire BMPS’ merchant acquiring business for EUR 520 million

SIENA, 06-Feb-2017 — /EuropaWire/ — Banca Monte dei Paschi di Siena S.p.A. (“BMPS”) informs that it has reached a binding agreement with Istituto Centrale delle Banche Popolari Italiane S.p.A. (“ICBPI”), a leading player in the management of national and international payment … Read the full press release

Charlotte Lee to lead traditional business and ‘VULCAN’ as Regional Client Leader for HSBC Asia Pacific

ASIA PACIFIC, 02-Feb-2017 — /EuropaWire/ —  Mindshare, the global media agency network, has appointed Charlotte Lee to the role of Regional Client Leader running the HSBC account across Asia Pacific. In this role Charlotte will lead both the traditional business as … Read the full press release

Bank grants 20M euro loan to Irkut Corporation to promote high-tech products in the global market

The funds allocated for the Irkut Corporation amount to 20 million euro MOSCOW, 30-Jan-2017 — /EuropaWire/ — The base bank for the Russian industry, Novikombank, has granted a loan to the Irkut Corporation (a member of the United Aircraft Corporation) amounting to 20 million euro … Read the full press release

Lloyds Bank the first financial services company to trial Signly – a British Sign Language (BSL) translation tool

New technology provides innovative way of interacting with Bank literature LONDON, 27-Jan-2017 — /EuropaWire/ — Lloyds Bank has become the first financial services company to undertake a trial with Signly – a British Sign Language (BSL) translation tool. Lloyds Banking Group’s … Read the full press release

NIB issues its first public benchmark of 2017 — a new 5-year global USD 1.25 billion bond

On 24 January, NIB priced a new 5-year global USD 1.25 billion bond, the Bank’s first public benchmark of 2017. HELSINKI, 27-Jan-2017 — /EuropaWire/ — The issue has a final maturity of 1 February 2022, pays a semi-annual coupon of 2.125% and has an issue … Read the full press release

FMO announces 90 million syndicated debt facility to strengthen Fedecrédito in El Salvador

FMO leads USD 90 million syndication to Fedecrédito THE HAGUE, 24-Jan-2017 — /EuropaWire/ — On 23 January 2017, FMO, the Dutch development bank, announced a 7-year USD 90 million syndicated debt facility to strengthen a federation of financial cooperatives in El … Read the full press release

FMO–Dutch Development Bank takes part in new partnership to monitor deforestation and manage sustainability from farm to customer

THE HAGUE, 24-Jan-2017 — /EuropaWire/ — Partners include Bunge, Cargill, Carrefour, Inter-American Investment Corporation (IIC/IDB), Mars, Mondelēz International, Walmart, World Resources Institute and more. Today (18 JANUARY 2017) at the World Economic Forum, 20 of the world’s largest commodity producers, traders, … Read the full press release

Dutch development bank FMO invests in the SANAD Fund to support micro, small and medium enterprises in MENA

The Hague, 24-Jan-2017 — /EuropaWire/ — Dutch development bank FMO invests USD 15 million in the SANAD Fund for MSME to support small businesses in the Middle East and North Africa (MENA). The investment has been made through the MASSIF fund, … Read the full press release

Germany’s central bank Deutsche Bundesbank to turn 60 in 2017

The central bank has been ensuring stable money in Germany and Europe since 1957 Frankfurt am Main, 18-Jan-2017 — /EuropaWire/ — This year, the Deutsche Bundesbank will be celebrating its 60th anniversary. The legislation which brought it into being, the Bundesbank Act … Read the full press release

ING ranks fifth in the 2017 list of world’s 100 most sustainable corporations by Corporate Knights

AMSTERDAM, 17-Jan-2017 — /EuropaWire/ — ING is fifth in the 2017 list of world’s 100 most sustainable corporations. The ranking is done by Corporate Knights, the world’s largest magazine focused on sustainability and responsible business. The Global 100, now in its … Read the full press release

Societe Generale announces changes to its Group General Management team

PARIS, 16-Jan-2017 — /EuropaWire/ — For several years, Societe Generale Group has been committed to an ambitious transformation plan to develop its customer focus and adapt its operating model to contend with the major changes affecting the banking market worldwide, and … Read the full press release

The Crédit Agricole group the first French bank to obtain BS 10500 certification for its anti-corruption system

PARIS, 16-Jan-2017 — /EuropaWire/ — The Crédit Agricole group is the first French bank to obtain certification for its anti-corruption system. This BS 10500 certification, delivered by SGS, recognises the Group’s determination and the quality of its programme for preventing … Read the full press release

Société Générale Albania and EBRD partner to support local farmers and agribusiness companies in Albania

Local farmers and agribusiness companies to benefit from fresh funds LONDON, 12-Jan-2017 — /EuropaWire/ — Société Générale Albania and EBRD are joining forces to increase local farmers’ and agribusiness companies’ access to finance, especially in remote regions of the country. The … Read the full press release

EBRD supports PVC profile production in Turkmenistan

LONDON, 12-Jan-2017 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is continuing to support private small and medium-sized enterprises (SMEs) in Turkmenistan by enabling one such company to expand into a new sector. Ak Gap, a manufacturer of … Read the full press release

EBRD President Sir Suma Chakrabarti initiates high level discussions with private philanthropic organisations in United States

Sir Suma Chakrabarti has meetings in Washington and New York LONDON, 12-Jan-2017 — /EuropaWire/ — The President of the European Bank for Reconstruction and Development, Sir Suma Chakrabarti, has concluded a visit to the United States to initiate high level discussions … Read the full press release

EBRD releases latest episode of the Pocket Economics podcast

New episode of the EBRD podcast available for download LONDON, 12-Jan-2017 — /EuropaWire/ — The latest episode of the Pocket Economics podcast looks at the correlation between economic growth and the increase in life satisfaction across the EBRD regions. It explains … Read the full press release

DCNS and the SPI fund of Bpifrance create DCNS Energies a new industrial player in Marine Renewable Energies

DCNS, the European leader in naval defence and the SPI fund (“Société de Projets Industriels” / Industrial Projects Company), financed by the “Programme d’Investissements d’Avenir” (Investments Programme for the Future) and managed by Bpifrance, today announced the creation of DCNS … Read the full press release

Royal Institution of Chartered Surveyors partners with Lloyds Bank Commercial Banking to establish real estate lifecycle certification programme

RICS training and assessment programme designed with Lloyds Bank as early adopters Lloyds Bank will be the first organisation to put 120 colleagues through the RICS certification and receive specialist training Trainees will develop understanding of the often complex functions … Read the full press release

ABLV Bank increases its share capital with special purpose by issuing 300 000 employee shares

RIGA, 05-Jan-2017 — /EuropaWire/ — On 29 December 2016, during the Extraordinary Meeting of Shareholders of ABLV Bank, AS a decision was made to increase the bank’s share capital with a special purpose by issuing 300 000 employee shares. Following the … Read the full press release

Merger by acquisition of KBS banka by Nova KBM finalised

MARIBOR, 04-Jan-2017 — /EuropaWire/ — Today (3. january 2017), the District Court of Maribor issued a decision on entering into the court register the merger by acquisition of KBS banka by Nova KBM. Consequently, KBS banka ceased to exist as an independent … Read the full press release

Banco de España announces the appointment of Juan Ayuso Huertas as Director General of Operations, Markets and Payment Systems

MADRID, 04-Jan-2017 — /EuropaWire/ — At its meeting today, the Governing Council of the Banco de España ratified the appointment, made by the Executive Commission also at a meeting held today, of Juan Ayuso Huertas as Director General of Operations, Markets … Read the full press release

Lloyds Bank’s Business in Britain report: Business confidence stabilised at the start of 2017 but economic uncertainty continues to be a threat

Confidence stabilising from a four year low in September Businesses cite economic uncertainty as the biggest threat for 2017 Export intentions to Middle East and Asia jump Results signal higher inflation and a slowdown in economic growth LONDON, 03-Jan-2017 — … Read the full press release

Belgium National Bank to keep the countercyclical buffer percentage for credit risk exposures to counterparties on Belgian territory at 0 % for 1Q2017

BRUSSELS, 30-Dec-2016 — /EuropaWire/ — As of 1 January 2016, the countercyclical capital buffer (CCyB) came into effect. In principle, the percentage rate of this buffer must lie somewhere between zero and 2.5 % of the credit institutions’ risk-weighted assets, but can be … Read the full press release

SMEs in Germany optimistic about 2017 – KfW-ifo SME Barometer

Confidence rises among SMEs and large enterprises Domestic demand remains sound as companies hope for a recovery of export markets Upswing will enter fourth year under difficult conditions FRANKFURT AM MAIN, 29-Dec-2016 — /EuropaWire/ — Small and medium-sized enterprises in … Read the full press release

Piraeus Bank sold stake in its subsidiary Piraeus Bank Cyprus Ltd. to Holding M. Sehnaoui SAL

ATHENS, 29-Dec-2016 — /EuropaWire/ — Piraeus Bank (“Piraeus Bank” or the “Group”), after having received all required approvals from the regulatory authorities and the Hellenic Financial Stability Fund, announces the completion of the sale of a stake held in its subsidiary … Read the full press release

UniCredit Business Integrated Solutions and SIA close the €500 million sale of the card processing activities in Italy, Germany and Austria

MILAN, 28-Dec-2016 — /EuropaWire/ — Following the press release issued on August 3rd 2016, UniCredit Business Integrated Solutions (Ubis) and SIA have  closed the sale of the card processing activities in Italy, Germany and Austria for a consideration of €500 million in … Read the full press release

Nordic Investment Bank (NIB) starts disclosing its purchases of green bonds

HELSINKI, 27-Dec-2016 — /EuropaWire/ — NIB starts disclosing its purchases of green bonds. First eight transactions have been published on the Bank’s website. Information on purchases made so far is available on this page. This page has been established in the … Read the full press release

NIB to co-finance advanced metering system and upgrades to the electricity networks in Nord-Trøndelag County, Norway

NIB has signed a 15-year loan agreement with NTE (Nord-Trøndelag Elektrisitetsverk Holding AS) to co-finance the roll-out of an advanced metering system (AMS) and upgrades to the electricity networks in Nord-Trøndelag County, Norway. HELSINKI, 27-Dec-2016 — /EuropaWire/ — NTE will install … Read the full press release