Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Ocean Yield ASA ordinary shares approved to trade on the OTCQX Best Market

LYSAKER, Norway, 21-Jun-2017 — /EuropaWire/ — Ocean Yield ASA (“Ocean Yield” or the “Company”), a ship owning company with investments in vessels on long-term charters, announced today that the Company’s ordinary shares have been approved to trade on the OTCQX … 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

pbb Deutsche Pfandbriefbank loans EUR 36.5 million to Alma Property Partners for the acquisition of four office properties in Espoo

EUR 36.5 million acquisition and capex financing package Funding for the acquisition of four office properties located in the Keilaniemi office area in Espoo, Finland Munich/Stockholm, 15-Jun-2017 — /EuropaWire/ — pbb Deutsche Pfandbriefbank provided an acquisition and capex facility of … Read the full press release

SEB’s funds removing companies that violate international standards

STOCKHOLM, 14-Jun-2017 — /EuropaWire/ — From June 12, all companies that violate international standards for the environment, corruption, human rights and labor law will be removed from SEB’s funds. “Earlier, we have excluded these companies in our sustainable and ethical funds, … Read the full press release

German SMEs in May: Taking a breather after the all-time high

SME business confidence was down slightly in May but remained on a very high level Large enterprises are more optimistic German economy continues to run smoothly Frankfurt am Main, 13-Jun-2017 — /EuropaWire/ — In May sentiment among Germany’s small and medium-sized … Read the full press release

EIB Vice-President Jan Vapaavuori Resigns from his Post

LUXEMBOURG, 12-Jun-2017 — /EuropaWire/ — Following his election to Mayor of Helsinki and the official appointment, Jan Vapaavuori has tendered his resignation from the post of Vice-President and Member of the Management Committee of the European Investment Bank (EIB) on 8 June 2017. Mr Vapaavuori took up the post of the EIB Vice-President on … Read the full press release

DEG provides long-term loan for Waelzholz expansion in Brazil

Long-term loan for investments in expansion COLOGNE, 08-Jun-2017 — /EuropaWire/ — Cold rolled steel strip is used, for example, in the automotive industry, toolmaking or manufacturing of industrial equipment. The German Waelzholz Gruppe, headquartered in Hagen, North-Rhine Westphalia, is one … Read the full press release

ABLV mutual funds’ return as at 31.05.2017

Riga, Latvia, 06-Jun-2017 — /EuropaWire/ — The traditional saying “Sell in May and go away” did not quite work this year, and May has become another positive month for global stock markets. Moreover, the usual nervousness and increased volatility often observed … Read the full press release

District Court of Maribor registers the merger by acquisition of KBS banka by Nova KBM

Maribor, Slovenia, 05-Jun-2017 — /EuropaWire/ — Today, 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 legal … Read the full press release

Tikehau IM finances Portobello Capital’s acquisition of Centauro Rent a Car

MADRID, 31-May-2017 — /EuropaWire/ — Tikehau IM, a leading pan European asset manager and subsidiary of Tikehau Capital, today announced its fourth debt financing transaction in Spain with the arrangement of a Unitranche in support of Portobello Capital’s acquisition of Centauro … Read the full press release

EBRD loans EUR186 million to Fayoum Water and Wastewater Company in Egypt

€186 million loan to benefit residents of Fayoum governorate LONDON, 29-May-2017 — /EuropaWire/ — The EBRD is improving the living conditions of approximately three million inhabitants of Egypt’s Fayoum governorate – of whom around one million will have access to sanitation … Read the full press release

Vnesheconombank expects to extend financing for the first National Technological Initiative (NTI) projects in 2017

MOSCOW, 26-May-2017 — /EuropaWire/ — Vnesheconombank expects to extend financing for the first National Technological Initiative (NTI) projects as early as this year. The funds allocated to promote the NTI projects may reach RUB 10 billion. The respective documents have … Read the full press release

Consumers Demand Benevolent Capitalism

Live online seminar tackles topic of capitalism and the new consumer Houston, USA, 26-May-2017 — /EuropaWire/ — Business innovator, Gary Douglas warns, “You cannot afford to ignore the demand for benevolent business.” International speaker and vocal advocate of Benevolent Capitalism, … Read the full press release

Helaba hat im ersten Quartal ein Konzernergebnis vor Steuern von 75 Mio. Euro erzielt

  Volatiles Ergebnis aus Sicherungszusammenhängen und Derivaten belastet Zinsüberschuss aufgrund des negativen Zinsumfelds unter Vorjahr Provisionsüberschuss legt erneut zu Neugeschäft auf hohem Niveau Risikolage entspannt Ergebnis vor Steuern mit 75 Mio. Euro deutlich unter Vorjahr CET1-Quote („fully loaded“) verbessert Vorstand … Read the full press release

CaixaBank named the Best Bank in Spain 2017 by Global Finance

The award is based on key aspects such as growth, profitability, territorial footprint, strategic relations, new business development and product innovation. The accolade follows the Bank of the Year 2016 award from The Banker, and the prize for Best Private … Read the full press release

BBVA, Inter-American Development Bank to host seminar with Latin American regulators in Mexico City

BILBAO, 23-May-2017 — /EuropaWire/ — BBVA will be hosting the first seminar with Latin American regulators this week, during which the region’s top officials will analyze how to apply and regulate innovation in the banking services of the future.The event is … Read the full press release

BBVA Compass: we’re a bank that’s fully vested in extending the age of opportunity to everyone

BILBAO, 23-May-2017 — /EuropaWire/ — BBVA Compass has spent the spring covering markets in its footprint with promotional campaigns promising special offersand family-friendly fun, and it won’t stop until every branch has been covered. The two-week intensive market blitzes underscore the … Read the full press release

Premium partnership between football club Eintracht Frankfurt and Deutsche Börse

FRANKFURT, 23-May-2017 — /EuropaWire/ — Deutsche Börse is now financial centre partner of national league football club Eintracht Frankfurt, having signed an agreement with Eintracht Frankfurt Fußball AG. This step marks the start of a premium partnership between Eintracht Frankfurt … Read the full press release

Nationwide Building Society appoints Gunn Waersted to its Board and IT Strategy & Resilience Committee

SWINDON, 19-May-2017 — /EuropaWire/ — Nationwide Building Society today announces the appointment of Gunn Waersted, a senior financial services executive with a 35-year career spanning financial services, telecommunications and petrochemicals, to the Society’s Board and its IT Strategy & Resilience … Read the full press release

German Private Equity Q1 2017: Fundraising climate reached new peak

German Private Equity Barometer for Q1 2017 shows diverging momentum in the sub-markets: early-stage investors were more upbeat while later-stage investors were more subdued Fundraising climate reached new peak Extreme differences in demand: venture capital on record high while later-stage … Read the full press release

India’s NTPC Bond is now available for trading on London Stock Exchange’s ISM

NTPC’s 2nd 5-year Masala Bond admitted to International Securities Market (ISM) ISM is an exchange-regulated MTF market for primary debt issuance, operating alongside London Stock Exchange plc’s other markets Targeted at institutional and professional investors from around the world Shri … Read the full press release

LLOYDS BANK PMI: Business activity in April grew at its fastest rate across England in 2017 so far

Business activity growth gains momentum for second month running Job creation revives as  new orders surge Businesses raise prices charged at fastest rate in nearly nine years West Midlands is top-performing region, recording fastest growth in output and employment LONDON, … Read the full press release

University of East Anglia study: Indonesia must attract private investment in climate mitigation projects

NORWICH, 12-May-2017 — /EuropaWire/ — Historical, political and social relationships are holding back Indonesia’s ability to attract private investment in climate mitigation projects, according to an academic at the University of East Anglia (UEA). Indonesia is one of the largest greenhouse … Read the full press release