Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

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

DEG funds biodegradable packaging and disposable tableware manufacturer BIO-LUTIONS GmbH

Product made from agricultural waste replaces plastic packaging Production plant to be built in India EUR 500,000 from the Up-scaling Programme COLOGNE, 14-Mar-2017 — /EuropaWire/ — Waste from plastic packaging is a growing environmental problem throughout the world. The Indian government … Read the full press release

PSA and BNP Paribas Enter into a Long-term Strategic Partnership with Joint Acquisition of Opel/Vauxhall Brands

PARIS, 09-Mar-2017 — /EuropaWire/ — As part of the broader alliance announced today between PSA Group and GM’s Opel subsidiary, PSA and BNP Paribas have agreed to jointly acquire Opel / Vauxhall’s captive financing activities and have entered into a long-term … Read the full press release

Experian, MLA strike partnership to promote financial innovation

Costa Mesa, Calif., U.S.A., 07-Mar-2017 — /EuropaWire/ — Marketplace lenders continue to be at the forefront of transparent and responsible financial innovation. This growth has helped to ensure that consumers and small businesses have access to the capital that they need … Read the full press release

Landmark EBRD Transition Report to be unveiled at Kopaonik Business Forum

EBRD report on perceptions of reforms and inequality will be presented at main business event in Serbia LONDON, 07-Mar-2017 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), one of the largest institutional investors in Serbia and the Western … Read the full press release

Vienna Initiative to Promote Investment Diversification in CESEE through New Working Group

LONDON, 07-Mar-2017 — /EuropaWire/ — The Vienna Initiative has agreed to establish a Working Group on Capital Markets Union. This follows the European Union’s push to strengthen Capital Markets which will have a major impact on financing of investment and sustaining growth … Read the full press release

Informal Sector Poses Biggest Challenge to Economic Growth of Western Balkans

Grey economy, politics, taxes and electricity named as obstacles to business LONDON, 07-Mar-2017 — /EuropaWire/ — Countries in the Western Balkans have strong growth potential, which can be realised with the right investment and a better business environment. But life … Read the full press release

Lloyd’s indicates support as it awaits completion of Standard Life And Aberdeen merger

LONDON, 07-Mar-2017 — /EuropaWire/ — Lloyds Banking Group (Lloyds) notes the announcement of the proposed all-share merger of Standard Life plc and Aberdeen Asset Management plc (Aberdeen). Lloyds has provided Standard Life and Aberdeen non-binding indications of support in its capacity … Read the full press release

Pbb Provides £147M Facility to Prologis Logistics Venture SCSp

Facility finances seven newly constructed or to be constructed logistics assets located across the United Kingdom Deal indicative of continued strong performance of UK logistics sector Munich/London, 06-Mar-2017 — /EuropaWire/ — pbb Deutsche Pfandbriefbank has provided a £147 million facility (approx. … Read the full press release

NIB Signs a 7-Year Loan Agreement With Valio Ltd. For Research

NIB and the Finnish dairy company Valio Ltd. have signed a 7-year loan agreement totalling EUR 40 million to finance the company’s research programme in 2016–2020. HELSINKI, 03-Mar-2017 — /EuropaWire/ — Valio’s R&D programme aims to develop new products to expand … Read the full press release

Consumers’ Spending Power Builds Up In 2017

Sentiment towards the country’s financial situation increases significantly Essential spending continues to rise though rate of growth slows Concern mounts around prospects for future disposable income LONDON, 03-Mar-2017 — /EuropaWire/ — Consumer confidence rose in early 2017, despite ongoing hikes in … Read the full press release

BBVA’s Bond Market Performance in 2016 and beyond

BILBAO, 02-Mar-2017 — /EuropaWire/ — In a year marked by the reactivation of the high-yield bond market, and growing investor interest on ultra-long issue maturities, and despite a string of global macroeconomic developments that had a severe impact on the fixed … Read the full press release

Banking Innovations pitched by U.K. Fintech to BBVA

BILBAO, 02-Mar-2017 — /EuropaWire/ — Some of the UK’s top talent in the world of fintech were in Madrid this week to pitch their ideas to a selection of BBVA’s senior leaders. The event, which was organized by the U.K. Government’s … Read the full press release

The Successful Launch of Deutsche-Boerse’s New SME Segment “Scale”

Frankfurt am Main, 02-Mar-2017 — /EuropaWire/ — Today (01 Mar 2017) saw the successful launch of Scale, Deutsche Börse’s new segment for small and medium-sized enterprises (SMEs). As of the start of trading 46 equities and corporate bonds had listed … Read the full press release

Stoxx Benchmark Announces Composition of their Indices

Frankfurt am Main, 02-Mar-2017 — /EuropaWire/ — STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today announced the new composition of STOXX Benchmarks and their sub and sector indices, … Read the full press release

BNP Paribas Easy’s New Bond Index ETFs Provide Access to US and European Bonds

Frankfurt am Main, 02-Mar-2017 — /EuropaWire/ — Three new bond index funds issued by BNP Paribas Easy have been tradable via Xetra since Tuesday. The BNP Paribas Easy Barclays Euro Government Inflation Linked All Maturities UCITS ETF Capitalisation enables investors to … Read the full press release

EQT wins three awards in the Private Equity International Awards 2016 and one in the Private Debt Investor Awards 2016

STOCKHOLM, 01-Mar-2017 — /EuropaWire/ — It is a pleasure to announce that EQT has won four industry awards: three in the Private Equity International Awards 2016 (PEI) – Large-cap firm of the year in Europe, Lender of the year in Europe … Read the full press release

Nationwide enhances its savings range with new three and five year Fixed Rate Bonds and Fixed Rate ISAs

SWINDON, 27-Feb-2017 — /EuropaWire/ — Nationwide has enhanced its savings range by introducing new three and five year Fixed Rate Bonds and Fixed Rate ISAs (FRISA). The accounts offer highly competitive rates of interest and the Society is the only major … Read the full press release

Alliance News lancia il primo servizio di news finanziarie in lingua italiana attivo 24 ore

LONDRA, 27-Feb-2017 — /EuropaWire/ — Alliance News Limited annuncia oggi, giovedì 27 febbraio il lancio dell’Alliance News Italian Service – “Alliance News IS” – un servizio specializzato nel fornire notizie in tempo reale su aziende e società italiane, finanza ed … Read the full press release

Banco Santander SA appoints Jose Maria Linares as Head of Global Corporate Banking

MADRID, 24-Feb-2017 — /EuropaWire/ — Banco Santander SA today announced the appointment of Jose Maria Linares as Head of Global Corporate Banking (SGCB), the Group’s global business unit for corporate clients and institutions. Mr Linares joins Santander from JP Morgan where … Read the full press release

NatWest and Royal Bank of Scotland brings in ‘TechXperts’ to support customers in using online and mobile banking

NatWest and Royal Bank of Scotland are investing in specialist ‘TechXperts’, to ensure branch staff are trained to support customers in using online and mobile banking. EDINBURGH, 23-Feb-2017 — /EuropaWire/ — Every NatWest and Royal Bank of Scotland branch is to … Read the full press release

Vodafone highlights key milestones in the development of M-Pesa as the mobile money service celebrates its 10th year anniversary

LONDON, 23-Feb-2017 — /EuropaWire/ — As Vodafone marks the 10th anniversary of M-Pesa, the world’s leading mobile money service, it was revealed that a record 614 million M-Pesa transactions were processed during December 2016. Vodafone now offers M-Pesa services in 10 … Read the full press release

Aviva’s Family Finances Report: UK families’ savings have fallen to the lowest level in 18 months as typical incomes decline

Low income families have just £95 in savings and investments, compared to £62,885 among high income families, as the savings gap grows 25% annually Homeownership among families falls to lowest level in four years (64%), with low income families worst … Read the full press release

Deutsche Bank announces the appointment of Thomas Piquemal as Chief Country Officer for France

Frankfurt am Main, 21-Feb-2017 — /EuropaWire/ — Deutsche Bank has appointed Thomas Piquemal as Chief Country Officer for France, in addition to his role as Global Head of Mergers & Acquisitions, effective March 1, 2017. Piquemal succeeds Bruno Hallak, who … Read the full press release

Capgemini acquires Insurance IT services firm TCube Solutions, Inc.

This acquisition strengthens Capgemini’s leadership in the financial services sector PARIS, 17-Feb-2017 — /EuropaWire/ — Capgemini, a global leader in consulting, technology and outsourcing services, announced today the acquisition of TCube Solutions, Inc., an Insurance IT services firm, the largest independent … Read the full press release