Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

ING in the Netherlands Appoints New CEO

AMSTERDAM, 20-Apr-2017 — /EuropaWire/ — Vincent van den Boogert has been appointed as CEO of ING in the Netherlands. He will start his new role on 1 June 2017 succeeding Nick Jue* who has been appointed CEO of ING in … Read the full press release

Climate Policies Needed to Mitigate Risks in Financial System

Climate change brings new risks for financial investments, in particular for pension funds. An international research team coordinated by the University of Zurich has developed a “climate stress-test” for financial institutions. Results suggest that while better disclosure of climate-relevant financial … 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

Neste mobile app enables mobile payment for fuel without cash or a card

ESPOO, 12-Apr-2017 — /EuropaWire/ — Aimed at motorists, the Neste mobile application enables now mobile payment for fuel without cash or a card. The application makes refuelling faster, safer, and easier for customers.“We want to be where our customers are, in … 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

UK Government invests in BBSRC to deliver an even more productive bioeconomy

The Biotechnology and Biological Sciences Research Council (BBSRC) announced a substantial £319M investment provided by the government to ensure the UK’s bioscience research base remains internationally competitive and at the forefront of meeting global challenges in feeding a growing population, … 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

ING again gains recognition from Top Employers Institute and Great Place to Work

AMSTERDAM, 07-Apr-2017 — /EuropaWire/ — ING has again been recognised as one of the world’s leading employers gaining external recognition from both the Top Employers Institute and Great Place to Work. In February, the Bank gained Top Employer status for Europe … 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

Five new informal science learning projects will receive funding by Wellcome, NSF and ESRC

LONDON, 05-Apr-2017 — /EuropaWire/ — With the US National Science Foundation (NSF) and the Economic and Social Research Council (ESRC), we’re supporting five new informal science learning projects. The projects will help to increase understanding of how informal science learning activities affect children … 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

London Stock Exchange announces Fidelity International as the latest ETF issuer on its market

Fidelity International launches first range of smart beta ETFs 26 dedicated ETP issuers now active on London Stock Exchange More than £83 billion of on-exchange  trading in ETPs on London Stock Exchange in first quarter of 2017 LONDON, 04-Apr-2017 — … 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

CNMV President Sebastián Albella appointed as a member of ESMA Management Board

The appointment is for a two-and-a-half year term which is renewable for another additional term The President of the CNMV will also be a member of the Mediation Panel MADRID, 30-Mar-2017 — /EuropaWire/ — The President of the Spanish National Securities … Read the full press release

CNMV creates a journalism award in memory of Antonio Moreno Espejo

The award will be a yearly reminder of the professional and vital career of Antonio Moreno Espejo and of the 27 years he worked at the CNMV The award’s endowment is 15,000 euros Entities of the sector will collaborate in … 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

LCH announces its first European buy-side client now live on CDSClear

Amundi is LCH’s first live buy-side client on CDSClear BNP Paribas acts as Amundi’s clearing broker Reflects continued growing momentum behind CDSClear service LONDON, 27-Mar-2017 — /EuropaWire/ — LCH, a leading global clearing house, announced today that its first European … Read the full press release

PwC Global Chief Information Officer Sigal Zarmi named in the Computerworld Premier 100 Technology Leadership Awards

LONDON, 24-Mar-2017 — /EuropaWire/ — Sigal Zarmi, Global Chief Information Officer, PwC, has been named in the Computerworld Premier 100 Technology Leadership Awards. The Premier 100 Technology Leadership awards honour individuals who have had a positive impact on their organization through … 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

ENGIE reaffirms commitment to play a leading role in development of green finance with issuance of its second Green Bond of €1,5 billion

La Défense, France, 17-Mar-2017 — /EuropaWire/ — To support its ambitious development strategy in renewable energies and energy efficiency, ENGIE issued its second Green Bond of €1,5 billion. The Group reaffirms its commitment and determination to play a leading role in … 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

EY welcomes Josh Lewsey as its EY Asia-Pacific Financial Services Office People Advisory Services Leader

HONG KONG, 15-Mar-2017 — /EuropaWire/ — EY announces the appointment of Josh Lewsey as EY Asia-Pacific (APAC) Financial Services Office (FSO) People Advisory Services (PAS) Leader. Based in Hong Kong, Lewsey will build teams specifically focused on providing change management assistance … 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