Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Central Bank of Malta signs 2016-2019 collective agreement with Union Ħaddiema Bank Ċentrali (UHBC)

VALLETTA, Malta, 09-May-2017 — /EuropaWire/ — The Central Bank of Malta and the Union Ħaddiema Bank Ċentrali (UHBC), representing the Bank’s clerical and executive employees, have today signed a collective agreement covering the period 2016 to 2019. The agreement aims to … Read the full press release

Twenty food and agri start-ups to pitch at Rabobank’s pitch competition-meets-networking event FoodBytes!

UTRECHT, 08-May-2017 — /EuropaWire/ — Twenty start-ups from across the global food and agriculture industries are gearing up to pitch at Rabobank’s pitch competition-meets-networking event FoodBytes! “F&A Next’s previous winners have gone on to enjoy success, like Phenospex, which is … Read the full press release

KfW-ifo SME Barometer: the business climate in Germany during April at the record level of 24.9 balance points

Improved business situation and expectations drive SME business climate to record level Large enterprises are much more satisfied with their present business situation but less optimistic Economic outlook for Germany continues to brighten Frankfurt am Main, 05-May-2017 — /EuropaWire/ — … Read the full press release

ABN AMRO Transportation to finance the installation of Ballast Water Treatment system on several vessels for Danish Celsius Shipping

AMSTERDAM, 05-May-2017 — /EuropaWire/ — ABN AMRO Transportation has successfully concluded the world’s first financing for the installation of a Ballast Water Treatment system on several vessels for its Danish client, Celsius Shipping. As per 8 September 2017, the IMO Ballast … Read the full press release

Experian research reveals that struggling families in the UK are increasingly being targeted by fraudsters

Experian data reveals that struggling families are increasingly being targeted by fraudsters – Number of fraud victims in the UK has more than doubled in the last two years LONDON, 02-May-2017 — /EuropaWire/ — Families in Britain who are struggling financially … Read the full press release

Gemalto opens new banking card personalization center in Dubai

New card personalization center will enable region’s banks to offer enhanced and highly responsive customer service One-stop solution for EMV card personalization, fulfilment and associated services Abu Dhabi Islamic Bank is first to benefit from Gemalto’s fully integrated and tailored … 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

The European Commission to release further support of EUR116 million for those in need in Yemen

BRUSSELS, 26-Apr-2017 — /EuropaWire/ — The European Commission is announcing today at the United Nations in Geneva its intention to release further support of €116 million for those in need in Yemen. The support includes €46 million of emergency humanitarian aid and … 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

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

EY Recognized As A leader in Digital Financial Technology Consulting by ALM Intelligence

LONDON, 24-Apr-2017 — /EuropaWire/ — EY has been recognized as a leader in digital financial technology (fintech) consulting by ALM Intelligence. In its ALM Vanguard™ report Digital Fintech Consulting, EY is cited for its broad penetration of all key buyer segments, … Read the full press release

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