Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

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

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 stock: Since … Read the full press release

Natixis to support low-carbon and climate resilient economy by joining the Climate Bonds Initiative (CBI) Partners Program

Natixis has joined the Climate Bonds Initiative (CBI) Partners Program to support investment towards a low-carbon and climate resilient economy. PARIS/LONDON, 14-Jan-2019 — /EuropaWire/ — Natixis has joined the Climate Bonds Initiative (CBI) Partners Program, an international network of financial actors … Read the full press release

Deutsche Bank recognised for its CommunITy Hackathons initiative with the #FinTechforGood Award at the Banking Technology Awards in London

Bank staff joined coding competitions to create apps for UK charities Cure Leaukemia and Autistica FRANKFURT AM MAIN, 11-Jan-2019 — /EuropaWire/ — Deutsche Bank’s innovative global hackathons recently won the #FinTechforGood Award at the Banking Technology Awards in London. The bank … Read the full press release

Deutsche Bank Wealth Management’s CIO: 6 themes to watch in 2019 based on macroeconomic outlook, market conditions and the major asset classes

FRANKFURT AM MAIN, 11-Jan-2019 — /EuropaWire/ — The themes for 2019 are based around the macroeconomic outlook, market conditions and the major asset classes: 1) Growth deceleration. Global growth is slowing and becoming less synchronised. As the US upswing matures, Europe … Read the full press release

CIB Capital Markets Strategist Tom Joyce comments on US-China Policy Escalation & Markets in the January issue of C-SPACE

FRANKFURT AM MAIN, 11-Jan-2019 — /EuropaWire/ — The United States and China are at a crossroad in what has become the most important bilateral relationship of the 21st Century, CIB Capital Markets Strategist Tom Joyce said in the January issue of … 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 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 year. The … Read the full press release

KfW Research: there are currently 154,000 ‘young’ social entrepreneurs in Germany at the helm of 108,000 businesses

KfW Research presents first study about young social entrepreneurs For 154,000 social entrepreneurs, social contribution matters more than earning an income Social entrepreneurs start up more often with new-to-market and technological innovations than the average They are more likely to … Read the full press release

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

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 (which is … Read the full press release

Barclays research: getting ahead with your Christmas prep in the Boxing Day and January sales can be well worth it

Shopping for the following Christmas in the Boxing Day and January sales could save you £13,000 across your lifetime One in three Brits (34%) admit that they have done all their Christmas shopping in the Boxing Day and January sales … Read the full press release

Olympique et Paralympique : Ma Belle Tribu met à l’honneur le sport à l’école en organisant un appel à projets sur cette thématique

PARIS, 26-Dec-2018 — /EuropaWire/ — Dans le cadre de la semaine Olympique et Paralympique organisée du 4 au 9 février 2019, Ma Belle Tribu, plateforme de financement participatif par le don initiée par la CASDEN Banque Populaire, met à l’honneur le … Read the full press release

US Customer Data Platform authority David Raab to Host First CDP Workshop in Belgium

BRUSSELS, 21-Dec-2018 — /EuropaWire/ — Today’s marketers have more data available than ever but struggle to pull it together in a usable format. Customer Data Platform (CDP) technology offers the promise to solve this problem by offering easy-to-deploy systems resulting … Read the full press release

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

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 use these … Read the full press release

Consortium of five leading international banks provide USD 264 million six-year revolving credit facility to SCF Group

MOSCOW, 19-Dec-2018 — /EuropaWire/ — Sovcomflot (SCF Group) is pleased to announce that it has entered into a new USD 264 million six-year revolving credit facility with a consortium of five leading international banks, including: Citibank; DVB Bank; ING Bank; Société … Read the full press release

Teollisuuden Voima Oyj (TVO) takes EUR 65 million from NIB for safety system upgrades in two existing nuclear power plant units in Finland

HELSINKI, 19-Dec-2018 — /EuropaWire/ — NIB and the Finnish energy company Teollisuuden Voima Oyj (TVO) have signed a loan agreement of EUR 65 million financing safety system upgrades in two existing nuclear power plant units in Finland. This ten-year loan will contribute to TVO’s refurbishment project … Read the full press release

Swedish telecom operator Tele2 AB takes EUR 194 million loan from NIB for its merger with TV and broadband provider Com Hem

NIB and the Swedish telecom operator Tele2 AB have signed a SEK 2 billion (EUR 194 million) loan agreement to finance the company’s merger with TV and broadband provider Com Hem. HELSINKI, 19-Dec-2018 — /EuropaWire/ — The eight-year maturity loan finances the merger of the … Read the full press release

Kerstin Winlöf appointed new Head of Group Savings at Swedbank

Kerstin Winlöf, currently Chief Operating Officer within Wealth Management and Wholesale Banking at Nordea, has been appointed new Head of Group Savings at Swedbank. Kerstin Winlöf will assume her new role at the latest 1 May, 2019. In addition, she … Read the full press release

US-amerikanischer Customer-Data-Platform-Experte David M. Raab leitet ersten gemeinsamen CDP-Workshop mit b.telligent in München

MÜNCHEN, 17-Dec-2018 — /EuropaWire/ — Marketer können heutzutage auf eine wahre Flut von Daten zugreifen, stehen jedoch mehr denn je vor der Schwierigkeit, diese in einem nutzbaren Format zusammenzufassen. Zukünftig wird es vor allem darauf ankommen, die Architektur von Marketing-Automation-Systemen weiterzuentwickeln, … Read the full press release

Helaba to buy 100% of the shares in Dexia Kommunalbank Deutschland (DKD) for EUR 352 million

BRUSSELS, PARIS, FRANKFURT, 14-Dec-2018 — /EuropaWire/ — Dexia and Helaba today announce that they have signed a sale and purchase agreement allowing Helaba to buy 100% of the shares in Dexia Kommunalbank Deutschland (DKD) for a total consideration of EUR 352 … 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

European Parliament and the Council reach political agreement on combating fraud and counterfeiting of non-cash means of payment

STRASBOURG, 12-Dec-2018 — /EuropaWire/ — Today (11 December 2018), the European Parliament and the Council reached political agreement on the Commission’s proposal to strengthen rules to combat fraud and counterfeiting of non-cash means of payment – such as bank cards, … Read the full press release

Rabobank Group investment arm acquires 40% stake in the Dutch manufacturer of hand-made satay, ethnic and vegetarian snacks V&S Foodspecialist

UTRECHT, 10-Dec-2018 — /EuropaWire/ — V&S Foodspecialist (V&S), a Dutch manufacturer of hand-made satay, ethnic and vegetarian snacks has attracted a new shareholder: Rabo Participaties. The Leiden based company is a renowned producer for various European customers, especially in the … Read the full press release

KfW Construction Award 2019 now open for applications

A total of up to EUR 35,000 in prize money “New construction” and “modernising existing buildings” categories Apply by 20 February 2019 FRANKFURT, 07-Dec-2018 — /EuropaWire/ — The application phase for the KfW Construction Award 2019 is starting now. Until … Read the full press release

EBRD loans EUR 5 million to Enda Tamweel, the largest microfinance institution in Tunisia

EBRD signs a €5 million (TND 17 million) loan with Enda Tamweel for its disbursement to Tunisian MSMEs Local currency financing will support lending to local MSMEs Only 15 per cent of MSMEs in the country have bank loans LONDON, 07-12-2018 … Read the full press release

EBRD seeks to increase the volume of green financing to 40 per cent of EBRD annual investment by 2020

Development finance institutions share their experience at COP24 LONDON, 06-Dec-2018 — /EuropaWire/ — Climate change impacts are high on the international agenda. From severe wildfires in California and Greece to devastating floods in Kerala, these impacts have dominated headlines this year. Both … Read the full press release

EBRD to finance key urban projects in Romania’s Craiova

€15 million loan to the city of Craiova The city to buy environmentally friendly buses and improve energy efficiency of public buildings EBRD to help Craiova develop an action plan to boost green infrastructure LONDON, 06-Dec-2018 — /EuropaWire/ — Some 300,000 … Read the full press release

High-level conference on ‘Investment, Technological Transformation and Skills’, Luxembourg, 28 – 29 November 2018

Interview and briefing opportunities with EIB Vice-President Andrew McDowell, EIB Director of Economics Debora Revoltella,  Director of the Center on Global Economic Governance at Columbia University Professor Jan Svejnar. KIRCHBERG, Luxembourg, 28-Nov-2018 — /EuropaWire/ — On 28 and 29 November, the … Read the full press release

NIB and Srei Equipment Finance launch loan programme for financing the acquisition or leasing of industrial equipment in India

NIB and Srei Equipment Finance Ltd. (SEFL), a leader in construction and mining equipment financing in India, have agreed on a loan programme for financing the acquisition or leasing of industrial equipment designed or produced in the NIB’s member countries. … Read the full press release

CaixaBank and Microsoft foster diversity in the technology and science sector by recognising the best female students from Spanish universities

Prizes are awarded to promote diversity in the technology sector The WONNOW Awards enable both companies to foster the diversity and presence of women in the field of technology and science from the outset of their career. Gonzalo Gortázar, the … Read the full press release

Swedbank acted as lead manager for Stockholm County Council’s SEK 2.5bn green benchmark bond

STOCKHOLM, 26-Nov-2018 — /EuropaWire/ — On November 19th 2018 Stockholm County Council (“SCC”) issued SEK 2.5bn Green Bond, due 2021. Swedbank acted as lead manager for this public green benchmark bond. This deal is in fact, the largest green municipal transaction … Read the full press release