Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

Environmental Investigation Agency (EIA): first time major bank requested RSPO investigation into one of its clients

Thousands of hectares of rainforest saved after HSBC triggers investigation into its own client LONDON, 12-Jul-2017 — /EuropaWire/ — Action taken by HSBC, which triggered an investigation into the subsidiary of one of its own clients in the palm oil sector, has … Read the full press release

KfW funded rAREH to build 2.7 MW hydropower station in Rwanda

KfW supporting public-private company rAREH with the construction of hydropower stations in Sub-Saharan Africa USD 8 million for Rwanza hydropower station Frankfurt am Main, 11-Jul-2017 — /EuropaWire/ — Set up and funded by KfW on behalf of the German Ministry for … Read the full press release

This year’s KfW Entrepreneurs’ Award accepts applications until 1 August 2017

Prize for start-ups formed in or after 2012 EUR 35,000 in total prize money Awards to be presented to 16 regional winners and one national winner Winners to be chosen for one special award and one “people’s choice” award Frankfurt … Read the full press release

Jörg Pietzner to lead UniCredit’s Investor Relations

MILAN, 11-Jul-2017 — /EuropaWire/ — UniCredit has appointed Jörg Pietzner to be the new Head of Investor Relations. He will take up the position during the first quarter of 2018 and will report to Mirko Bianchi, Chief Financial Officer. Jörg is … Read the full press release

UniCredit recognised by Euromoney in several categories in this years’ Awards for Excellence

UniCredit received Five Awards for Excellence by Euromoney MILAN/LONDON, 11-Jul-2017 — /EuropaWire/ — UniCredit has been recognised by Euromoney, the leading global financial publication, in several categories in this years’ prestigious Awards for Excellence which was announced at a gala dinner … Read the full press release

Die Helaba Landesbank Hessen-Thüringen beteiligt sich in Höhe von 5 Mio. EUR am Capnamic Ventures Fonds II

Die Helaba Landesbank Hessen-Thüringen beteiligt sich in Höhe von 5 Mio. EUR am Capnamic Ventures Fonds II, der insgesamt ein Volumen von 115 Mio. Euro hat. FRANKFURT, 10-Jul-2017 — /EuropaWire/ — Der Fonds investiert in Unternehmen, deren Geschäftsmodell sich durch … Read the full press release

Banque Internationale à Luxembourg reaffirms its support for the charity SOS Kannerduerf Lëtzebuerg

LUXEMBOURG, 07-Jul-2017 — /EuropaWire/ — Through this donation, Banque Internationale à Luxembourg is reaffirming its support for the charity SOS Kannerduerf Lëtzebuerg, which provides support for children in difficult family circumstances. At the charity’s annual party on 2 July, Nico Muller, the manager of … Read the full press release

NIB signs loan to finance new, four-lane section of the E18 motorway in Telemark County, Norway

HELSINKI, 07-Jul-2017 — /EuropaWire/ — NIB and the Norwegian toll-road operator Vegfinans E18 Telemark AS have signed a 20-year maturity loan totalling NOK 1 billion (EUR 105 million) for the construction of a new section of the E18 motorway in Telemark County. The loan will … Read the full press release

NIB signs loan to fund Danish bioscience company Chr. Hansen Holdings’ 2017–2018 R&D programme

HELSINKI, 07-Jul-2017 — /EuropaWire/ — The Nordic Investment Bank and the Danish bioscience company Chr. Hansen Holdings A/S have signed a EUR 50 million loan for the company’s 2017–2018 R&D programme. Chr. Hansen Holding A/S’s research and development programme in 2017–2018 will focus … Read the full press release

Bouygues: financing of the fixed investment programme finalised for the concession company Ravinala Airports

28-year concession for the two airports at Antananarivo and Nosy Be Design and construction of a new international terminal at Ivato airport in Antananarivo, the country’s capital Refurbishment of one runway and one terminal at each airport Technical and environmental … Read the full press release

Prudential: World Bank Group’s IFC to raise $500 million Eastspring Investments for infrastructure projects in emerging markets

Hong Kong SAR, China, 04-Jul-2017 — /EuropaWire/ — IFC, a member of the World Bank Group, today signed an agreement with Eastspring Investments, the Asian asset management business of Prudential plc, to raise $500 million for an innovative IFC program that … Read the full press release

Munich Re joins the Pandemic Emergency Financing Facility (PEF)

Munich Re is a partner to PEF, a World Bank initiative to contain pandemic outbreaks in developing countries MUNICH, 04-Jul-2017 — /EuropaWire/ — Munich Re has joined forces with the World Bank, the World Health Organization and other financial sector companies … Read the full press release

KfW to substantially expand its activities in the field of equity finance

Move is to strengthen Germany as a location for start-ups and fast-growing innovative technology firms Planned investment volume of EUR 2 billion over the next 10 years Subsidiary is scheduled to be founded in early 2018 and commence operations in … Read the full press release

Barclays survey: efforts by hoteliers to lure customers to book directly through their websites are paying off

Almost two fifths (37%) of UK holidaymakers plan to book their holiday accommodation directly with hoteliers this year, more than double on ten years ago when 17% booked direct Online travel agents are the preferred booking method (52%) for international … Read the full press release

Filippo Zorzoli appointed Barclays Head of Macro Distribution for EMEA and APAC

LONDON, 03-Jul-2017 — /EuropaWire/ — Barclays today announces the appointment of Filippo Zorzoli as Head of Macro Distribution for Europe, the Middle East, Africa and Asia Pacific. In addition, Filippo will also be Head of Solutions Sales globally.Barclays’ Macro business is … Read the full press release

HSBC’s new report in The Value of Education series: Higher and higher

LONDON, 30-Jun-2017 — /EuropaWire/ — Parents can spend anything from just under USD8,000 to just over USD200,000 depending on location and whether provision is state or privately funded 87% of parents around the world are helping to fund their child’s education … Read the full press release

Deutsche Bank Wealth Management announces the appointment of Michael Morley to lead and build its UK business

LONDON, 29-Jun-2017 — /EuropaWire/ — Deutsche Bank Wealth Management announced today that it has appointed Michael Morley, the former Chief Executive of Coutts & Co, to lead and build its UK business, one of the first of around 100 front-office … Read the full press release

Daimler AG and Landesbank Baden-Württemberg (LBBW) jointly used blockchain technology to execute a financial transaction

Launch of a 1 year corporate Schuldschein with a volume of €100 million as a pilot project for capital market transactions and financial processes Bodo Uebber, member of the Board of Management of Daimler AG responsible for Finance & Controlling … Read the full press release

EBRD launches €100 million Green Economy Financing Facility to help Romanian households invest in energy efficiency

Banca Transilvania first partner bank to start lending under Green Economy Financing Facility (GEFF) LONDON, 27-Jun-2017 — /EuropaWire/ — Supporting Romanian households to save energy and money, the EBRD is launching the €100 million Green Economy Financing Facility (GEFF) for … Read the full press release

EBRD joins forces with all other shareholders of Azerbaijan’s Unibank to strengthen its capital

LONDON, 27-Jun-2017 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is joining forces with all other shareholders of Azerbaijan’s Unibank to strengthen its capital. Unibank’s share capital will increase by AZN 49 million and will enable it to … Read the full press release

Rabobank and online platform Bleeve to help customers implement energy-saving measures

UTRECHT, 23-Jun-2017 — /EuropaWire/ — Lower energy bills, greater comfort and a home that appreciates in value. A sustainable home gives homeowners a host of benefits, but they often also see the path to solar panels and extra insulation as a … Read the full press release

S&P/Experian Consumer Credit Default Indices May 2017

Bank Card Default Rate Rises Seven Straight Months NEW YORK, 21-Jun-2017 — /EuropaWire/ — S&P Dow Jones Indices and Experian released today data through May 2017 for the S&P/Experian Consumer Credit Default Indices. The indices represent a comprehensive measure of changes in … Read the full press release

Council of Europe Development Bank (CEB) held its 52nd annual Joint Meeting in Nicosia, Cyprus

PARIS, 19-Jun-2017 — /EuropaWire/ — The Council of Europe Development Bank (CEB) held its 52nd annual Joint Meeting in Nicosia on 16 June, at the invitation of the Cypriot government. The event brought together the members of the Bank’s Governing Board, … Read the full press release

Council of Europe Development Bank (CEB) to co-finance investment projects undertaken by Icelandic municipalities and municipal companies

PARIS, 19-Jun-2017 — /EuropaWire/ — The Council of Europe Development Bank (CEB) is providing a € 10 million loan to Municipality Credit Iceland (MCI) in order to co-finance investment projects undertaken by Icelandic municipalities and municipal companies. The loan provided by … Read the full press release

Council of Europe Development Bank (CEB) welcomes Italy’s contribution to the Migrant and Refugee Fund (MRF)

NICOSIA, 19-Jun-2017 — /EuropaWire/ — The Council of Europe Development Bank (CEB) welcomes Italy’s contribution of € 3 million to the Migrant and Refugee Fund (MRF). This contribution brings the total amount committed to the MRF to almost € 24 million. … Read the full press release

Council of Europe Development Bank (CEB) approves ten new loans worth EUR 810 million for social projects

NICOSIA, 19-Jun-2017 — /EuropaWire/ — Today (16 June 2017), at its meeting held in Nicosia, the Administrative Council of the Council of Europe Development Bank (CEB) approved ten new loans worth € 810 million. This brings the total amount approved for … Read the full press release

Council of Europe Development Bank (CEB): EUR 29 million loan for social housing in Malta

NICOSIA, 19-Jun-2017 — /EuropaWire/ —  The Council of Europe Development Bank (CEB) approved a € 29 million loan to support social housing in Malta. The project will benefit socio-economically disadvantaged groups by providing them with access to affordable housing. As housing … Read the full press release

UniCredit Reaches Agreement With MBCredit Solutions On Disposal of Non-performing Unsecured Credit Portfolio in Italy

MILAN, 19-Jun-2017 — /EuropaWire/ — UniCredit today has  reached an agreement with MBCredit Solutions (“MBCS”)  in relation to the disposal on a non-recourse basis (pro-soluto) of a non performing unsecured consumer credit  portfolio, in Italy. The portfolio consists entirely of Italian … Read the full press release

Kaspersky Lab: An accident involving a bank’s online banking services costs the organization $1,754,000 on average

MOSCOW, 16-Jun-2017 — /EuropaWire/ — The crippling financial implications of online banking security incidents have been brought to light by the latest Kaspersky Lab report into cybersecurity threats in the financial sector. The report shows that an accident involving a bank’s … Read the full press release

Deutsche Hypothekenbank’s first benchmark Mortgage Pfandbrief in 2017: EUR 500 million with coupon of 0.375 percent

HANNOVER, 15-Jun-2017 — /EuropaWire/ — Yesterday (14 June 2017), Deutsche Hypothekenbank successfully issued its first benchmark Mortgage Pfandbrief in 2017, having a term of eight years. The issue has a volume of EUR 500 million, with a coupon of 0.375 percent. … Read the full press release