Tag Archives: bank

SEB Outperforms Competitors to Become No. 1 FX Bank in the Nordics

(IN BRIEF) SEB, a leading Nordic bank, has been rated as the best foreign exchange (FX) bank in the region according to Prospera’s survey, Foreign Exchange Nordics 2023. SEB’s top ranking reflects its dedication, proactivity, and strong customer focus. Despite … Read the full press release

Clearstream Launches New Bank in Luxembourg for Institutional Fund Investors

(IN BRIEF) Clearstream has launched a new bank called Clearstream Fund Centre S.A. in Luxembourg, which will provide services to institutional fund investors. The new entity operates under a commercial banking license and will be an important part of Deutsche … Read the full press release

ProCredit General Partner AG Welcomes Christian Dagrosa to Management Board, Thanks Dr Gabriel Schor for his Service

(PRESS RELEASE) FRANKFURT, 2-Jan-2023 — /EuropaWire/ — ProCredit Holding AG & Co. KGaA (ETR: PCZ), a German company that is the parent company of the ProCredit group, which consists of commercial banks for small and medium enterprises (SMEs), has announced … Read the full press release

EBRD to finance the construction of two wind farms in Croatia

EBRD provides €43 million loan for the construction of two wind farms in Croatia New windfarms to have 111MW of total installed grid capacity Investment to boost electricity generation from renewables by more than 10 per cent (PRESS RELEASE) LONDON, 16-Aug-2022 … Read the full press release

BERS finanzierà la costruzione di due parchi eolici in Croazia

La BERS fornisce un prestito di 43 milioni di euro per la costruzione di due parchi eolici in Croazia Nuovi parchi eolici per avere 111 MW di capacità di rete installata totale Investimenti per aumentare di oltre il 10 per … Read the full press release

Aktia wurde im Vergleich der Morningstar Awards 2022 als Finnlands bestes Fondshaus für festverzinsliche Wertpapiere ausgezeichnet

(PRESSEMITTEILUNG) HELSINKI, 28-Feb-2022 — /EuropaWire/ — Aktia Bank Plc (HEL: AKTIA), ein finnischer Vermögensverwalter, eine Bank und ein Lebensversicherer, hat bekannt gegeben, dass sie als Finnlands beste Bank ausgewählt wurde Fondshaus für Rentenfonds sowie für die Gesamtauswahl im heute veröffentlichten … Read the full press release

Aktia named Finland’s best fund house for fixed-income in the Morningstar Awards 2022 comparison

(PRESS RELEASE) HELSINKI, 28-Feb-2022 — /EuropaWire/ — Aktia Bank Plc (HEL: AKTIA), a Finnish asset manager, bank and life insurer, has announced that it has been selected as Finland’s best fund house for fixed-income funds as well as for the … Read the full press release

Accenture unterstützt Crelan Bank bei der Post-Merger-Integration der AXA Bank Belgien

(PRESSEMITTEILUNG) BRUSSELS, 23-Feb-2022 — /EuropaWire/ — Accenture (NYSE: ACN), ein globales Dienstleistungsunternehmen mit führende Fähigkeiten in den Bereichen Digital, Cloud und Sicherheit, hat bekannt gegeben, dass es von der Crelan Bank ausgewählt wurde, um die Post-Merger-Integration der AXA Bank Belgium … Read the full press release

Accenture to help Crelan Bank with the post-merger integration of AXA Bank Belgium

(PRESS RELEASE) BRUSSELS, 23-Feb-2022 — /EuropaWire/ — Accenture (NYSE: ACN), a global professional services company with leading capabilities in digital, cloud and security, has announced it has been selected by Crelan Bank to lead the post-merger integration of AXA Bank … Read the full press release

Bankinter announces record 2021 financial results in a year of economic recovery

Stripping out the capital gain from Línea Directa, recurring net profit stands at 437.4 million euros, up 37.9% from 2020. Operating income tops 1,000 million euros for the first time, rising 13.9 % from the year before. A year of … Read the full press release

Angela Liu to lead Barclays China

(PRESS RELEASE) LONDON, 11-Oct-2021 — /EuropaWire/ — Barclays (LON: BARC), a British multinational universal bank, has announced the appointment of Angela Liu as Country CEO, China. As Barclays continues to reinforce its Asia Pacific franchise the leadership change will strengthen … Read the full press release

Orange to increase the capital of its bank with EUR 230 million; buys Groupama’s stake

(PRESS RELEASE) PARIS, 1-Oct-2021 — /EuropaWire/ — Orange S.A. (EPA: ORA), a French multinational telecommunications group, has announced it will invest EUR 230 million in its bank (Orange Bank) to increase the capital and speed up the growth projects envisaged … Read the full press release

Exhibition at the Bank for International Settlements headquarters in Basel, Switzerland to mark the organisation’s 90th anniversary

BIS will open its headquarters in Basel, Switzerland to the public for an exhibition marking 90 years since its establishment. BIS 90 Years exhibition will showcase the Bank’s past, present and future role in promoting global monetary and financial stability. Open … Read the full press release

EBRD highlights its strong commitment to promoting gender equality by joining initiative to step up women empowerment

2X Challenge plans to raise US$ 15 billion by end-2022 Enhancing women’s access to entrepreneurship and leadership opportunities (PRESS RELEASE) LONDON, 9-Jun-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) announces that it has joined the 2X … Read the full press release

Aktia Life Insurance’s Director of Business Development Riikka Luukko becomes the insurer’s new CEO

(PRESS RELEASE) HELSINKI, 31-Aug-2020 — /EuropaWire/ — Finnish Aktia Life Insurance, part of Aktia Bank (HEL: AKTIA), has announced it will have a new CEO beginning of 1 September, 2020. The insurer’s current Director of Business Development and Board member … Read the full press release

Sparkasse Mainz ergänzt sie dazu das Selbstbedienungsfoyer des Beratungscenters Nieder-Olm mit neuer Geldautomaten mit Einzahlfunktion

(PRESS RELEASE) MAINZ, 3-Apr-2020 — /EuropaWire/ — Mit einer weiteren Investitionsmaßnahme in ihr Automatennetz kommt die Sparkasse Mainz dem veränderten Nutzungsverhalten ihrer Kundinnen und Kunden entgegen. Ab dem 14. April ergänzt sie dazu das Selbstbedienungsfoyer des Beratungscenters Nieder-Olm. Nach Ende … Read the full press release

Deutsche Bank to redeem its USD 800 million 6.55% Trust Preferred Securities of Deutsche Bank Contingent Capital Trust II

Deutsche Bank to redeem its USD 800 million 6.55% Trust Preferred Securities of Deutsche Bank Contingent Capital Trust II

The bank will not call its USD 1.25 billion (~EUR 1,1 billion) 6.25% Additional Tier 1 Notes (PRESS RELEASE) FRANKFURT AM MAIN, 11-Mar-2020 — /EuropaWire/ — Global multinational financial group Deutsche Bank said it will redeem its USD 800 million … Read the full press release

Michael Spiegel joins Standard Chartered from Deutsche Bank to strengthen its position as a leading transaction bank

Michael Spiegel joins Standard Chartered from Deutsche Bank

(PRESS RELEASE) SINGAPORE, 21-Jan-2020 — /EuropaWire/ — Michael Spiegel has been nominated global Chief Trade Officer by Standard Chartered effective 2 January, 2020. He will be based Singapore and will report to Lisa Robins, Global Head of Transaction Banking. Michael … Read the full press release

The 3rd largest bank in Croatia Erste Bank Croatia gets €100 million from EBRD to finance tourism industry in Croatia and Montenegro

Suma Chakrabarti, EBRD President and Christoph Schoefboeck, President of the Management Board of EBC

(PRESS RELEASE) LONDON, 13-Jan-2020 — /EuropaWire/ — EBRD announced it is lending up €100 million to the third-largest bank in Croatia Erste Bank Croatia (EBC), part of Erste Group, in support of the tourism industry in Croatia and Montenegro. The … Read the full press release

ABN AMRO Private Banking Belgium and Société Générale Belgium have now administratively and legally merged

ABN AMRO Private Banking Belgium and Société Générale Belgium have now administratively and legally merged

(PRESS RELEASE) AMSTERDAM, 20-Dec-2019 — /EuropaWire/ — ABN AMRO has announced that its ABN AMRO Private Banking Belgium and Société Générale Belgium have now been officially merged. The deal, originally announced back in July 2018 as a form of acquisition … Read the full press release

Bank of Scotland relaunches its Argyle Street branch with the latest in interactive digital technology

(PRESS RELEASE) LONDON, 16-Dec-2019 — /EuropaWire/ — Bank of Scotland has announced it is reopening its completely overhauled Argyle Street branch following multi-million pound renovation. The branch in Glasgow has been designed to meet the changing needs of high street … Read the full press release

Santander takes over the majority stake in UK based Ebury for EUR 400 million 

Santander takes over the majority stake in UK based Ebury for EUR 400 million 

(PRESS RELEASE) MADRID, 5-Nov-2019 — /EuropaWire/ — UK based Ebury, which is the best-in-class trade and foreign exchange facilitator for small and medium-sized companies has received €400 million (~£350 million) strategic investment from Banco Santander. Santander’s investment in Ebury will … Read the full press release

Theodore Gnardellis will be Piraeus Bank’s new Group Chief Financial Officer (CFO)

Theodore Gnardellis will be Piraeus Bank's new Group Chief Financial Officer (CFO)

(PRESS RELEASE) ATHENS, 26-Jul-2019 — /EuropaWire/ — Theodore Gnardellis has just been promoted to the role of Group Chief Financial Officer (CFO) of Piraeus Bank. Gnardellis will also join Piraeus Bank Executive Committee. The appointment will be in effect from … Read the full press release

Deutsche Bank Research on India’s general elections: the rupee, foreign investors, equities

(PRESS RELEASE) FRANKFURT AM MAIN, 12-Apr-2019 — /EuropaWire/ — Deutsche Bank Research has observed a statistical trend during the general elections in India that almost all the time plays out in a similar manner. According to the bank’s researchers, India’s … Read the full press release

Hamburg Commercial Bank invests in second broadband and optic fibre project in Spain

(PRESS RELEASE) HAMBURG/KIEL, 13-Feb-2019 — /EuropaWire/ — Hamburg Commercial Bank participates in EUR 100 million financing for the Spanish company Adamo Telecom Iberia S.A.U. The allocated resource by the bank is EUR 30 million taking part in the deal as a lead arranger … Read the full press release

Central Bank of Ireland Deputy Governor Ed Sibley outlined the Central Bank’s strategic priorities for the next three years in the context of the safety and soundness of the financial system

Resilience of the financial system will remain a key focus for the Central Bank over the next three years A hard Brexit will be damaging for Ireland, but short-term ‘cliff-edge’ stability risks to the financial system are manageable Legislation is … Read the full press release

UniCredit’s Core bank NPE ratio was 4.3% in Q3 2018, in line with its EBA sample peers

(PRESS RELEASE) MILAN, 16-Jan-2019 — /EuropaWire/ — Statement with reference to recent media reporting on the non-binding recommendation of the ECB to all banks directly supervised by the Single Supervisory Mechanism (SSM) regarding the coverage of the secured and unsecured NPL … Read the full press release

Swiss National Bank (SNB) will report a loss in the order of CHF 15 billion for the 2018 financial year

Confederation and cantons to receive distribution of CHF 2 billion (PRESS RELEASE) ZURICH, 09-Jan-2019 — /EuropaWire/ — According to provisional calculations, the Swiss National Bank (SNB) will report a loss in the order of CHF 15 billion for the 2018 financial … Read the full press release

China’s largest bank ICBC awarded Gemalto a three-year agreement to continue supplying contactless cards

(PRESS RELEASE) SINGAPORE, 07-Jan-2019 — /EuropaWire/ — Gone are the days where cash was king in China. According to China Tech Insights’ report last year, 74 percent of Chinese consumers said they could live for more than a month with only 100 RMB … Read the full press release

HSH Nordbank will provide international investment managers First State Investments (FSI) with € 75 million loan

(PRESS RELEASE) HAMBURG/ KIEL, 20-Dec-2018 — /EuropaWire/ — HSH Nordbank will provide international investment managers First State Investments (FSI) as the mandated lead arranger (MLA) with € 75 million as part of an acquisition loan totalling € 364 million. FSI will … Read the full press release

Deutsche Bank to enable its clients to make purchases using Apple Pay

All Deutsche Bank customers can use Apple Pay with “Deutsche Bank Card Virtual” or add their existing credit and debit cards Virtual card integrated in the Deutsche Bank Mobile app incurs no monthly fee and is available to all customers … Read the full press release

SEB’s IT Young Professional Programme celebrates a decade of having over 100 skilled and engaged IT professionals joining the bank

STOCKHOLM, 20-Sep-2018 — /EuropaWire/ — The IT Young Professional Programme, ITYPP, started 2008 to attract new competences to SEB. Today the program is still going strong and can proudly celebrate a decade of having over 100 skilled and engaged IT professionals … Read the full press release

NLB d.d. to sell 28.13% stake in Skupna pokojninska družba d.d to Zavarovalnica Triglav d.d.

Today, September 14th 2018 in Ljubljana NLB d.d. signed a purchase and sales agreement with Zavarovalnica Triglav d.d. for the sale of 9,102 shares of Skupna pokojninska družba d.d., representing 28.13% of company’s share capital. Ljubljana, Slovenia, 17-Sep-2018 — /EuropaWire/ — NLB d.d. … Read the full press release

EBRD loans EUR 5.1 million to UniCredit in Serbia for boosting energy efficiency

UniCredit Bank Serbia receives Din 600 million loan for boosting energy efficiency. Programme to support investments in private homes to improve energy performance and generate savings. Finance provided under EBRD €85 million Green Economy Financing Facility for the Western Balkans. … Read the full press release

Deutsche Bank marks its 40th anniversary in Belgium

Frankfurt am Main, 17-Aug-2018 — /EuropaWire/ — Deutsche Bank began business in Belgium in Brussels and Antwerp, with both branches opening on August 16, 1978. In the beginning there were 50 employees – 32 in Brussels and 18 in Antwerp. Together … Read the full press release

Leading exporters selected LBBW as the best bank for export financing in the EMEA

PRAGUE, 25-Jun-2018 — /EuropaWire/ — Leading exporters have chosen LBBW as the best bank for export financing in the EMEA (Europe/Middle East/Africa) economic area. Yesterday in Prague, LBBW received the 2017 Regional Exporters’ Choice Award from well-known specialized information service … Read the full press release

CaixaBank held its fifth Diversity Talks event in Milan

• In his closing remarks the Spanish Ambassador in Italy, Jesús Gracia, highlighted the Spanish government’s commitment to promoting equal treatment and opportunities among women and men • The participants shared their personal and professional experiences, reflecting on the importance … Read the full press release

Allianz Group sells 8.4 percent stake in Banco BPI to CaixaBank for 178 million euros

Allianz Group sells 8.4 percent stake in Banco BPI to CaixaBank Allianz and CaixaBank agree to reorganize terms of insurance distribution cooperation in Portugal Allianz Group aims to extend and deepen insurance partnership in Portugal with Banco BPI, subject to … Read the full press release

Russia’s largest banking and financial services company Sberbank deployed SAP SuccessFactors solutions to manage its workforce of 230,000 employees

WALLDORF, 04-May-2018 — /EuropaWire/ — SAP SE (NYSE: SAP) today announced that Sberbank, Russia’s largest banking and financial services company, has deployed SAP SuccessFactors solutions to manage its workforce of 230,000 employees, marking the largest completed cloud project in Russia. Sberbank plans … Read the full press release

Standard Chartered launches global new brand campaign featuring Olympic champion Usain Bolt

LONDON, 02-May-2018 — /EuropaWire/ — Standard Chartered is launching a global campaign that takes its ‘Here for good’ brand promise and poses a new tougher challenge: ‘Good enough will never change the world’. Launched in 2010, ‘Here for good’ showed how … Read the full press release