Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

Schweiz und Asiatischen Entwicklungsbank (AsDB) beigetreten: 50 Jahre erfolgreiche Partnerschaft

BERN, 12-Oct-2017 — /EuropaWire/ — 1967 ist die Schweiz der Asiatischen Entwicklungsbank (AsDB) beigetreten. Als Höhepunkt der entsprechenden Feierlichkeiten findet am 19. Oktober 2017 um 16:45 an der Universität St. Gallen eine Veranstaltung mit dem Vizepräsidenten der AsDB und weiteren hochrangigen … Read the full press release

EBRD to help Croatia update and strengthen its corporate governance code

EBRD supports efforts to develop and implement new code LONDON, 11-Oct-2017 — /EuropaWire/ — The EBRD is lending its support to efforts by the Croatian Financial Services Supervisory Agency (HANFA) and the Zagreb Stock Exchange (ZSE) to update and strengthen the … Read the full press release

EBRD, EU and the UN FAO to help wool and cashmere production in Mongolia

From goat to cashmere coat LONDON, 11-Oct-2017 — /EuropaWire/ — Mongolia’s grasslands are an ideal playground for several million cashmere goats, sheep and yaks. Their world-renown wool means big business: it provides an income for around 400,000 herders, so it should … Read the full press release

EBRD President Sir Suma Chakrabarti to outline bank’s climate finance goals at the World Bank and International Monetary Fund meetings

Climate funding takes 45 per cent share of total investment so far in 2017 LONDON, 11-Oct-2017 — /EuropaWire/ — The President of the European Bank for Reconstruction and Development (EBRD), Sir Suma Chakrabarti, will outline the Bank’s rapid progress towards meeting ambitious … Read the full press release

Croatian Ministry of Justice and the EBRD organised roundtable discussion on bankruptcy legislation in Croatia

Roundtable discussion in Zagreb about improvement of current bankruptcy legislation LONDON, 11-Oct-2017 — /EuropaWire/ — While there has been substantial progress in identifying potential impediments within the bankruptcy legal framework and improving practical implementation of the law, Croatia is committed to making further … Read the full press release

Intesa Sanpaolo Group won the 2017 BAI Global Innovation Award with sharing economy project

Torino, Atlanta, U.S.A., 10-Oct-2017 — /EuropaWire/ — Yesterday (5 October 2017) in Atlanta, USA, the Intesa Sanpaolo Group won the 2017 BAI Global Innovation Award in the Innovation in Human Capital category with TimeRepublik, a sharing economy project created for the … Read the full press release

KfW Research / University of Siegen: total of 10,200 bank branches across Germany closed since 2000

A quarter of branch offices have been closed since 2000 The main driver is the digital transformation with innovative technologies, new competitors and changing customer behaviour German branch density is average when compared with other European countries Frankfurt am Main, … Read the full press release

Societe Generale Group awards 57 new internal initiatives during the fifth annual “Environmental Efficiency Awards”

PARIS, 09-Oct-2017 — /EuropaWire/ — In line with its commitment over the past ten years to pro-actively reducing its carbon footprint, Societe Generale Group today awarded 57 new internal initiatives during the fifth annual “Environmental Efficiency Awards” ceremony. The remarkable success … Read the full press release

Deutsche Bank early adopter of UN Standards of Conduct for Business to tackle discrimination against lesbian, gay, bi, trans and intersex (LGBTI) people

Frankfurt am Main,  04-Oct-2017 — /EuropaWire/ — Deutsche Bank has become one of the first companies to adopt the United Nations Standards of Conduct for Business to tackle discrimination against lesbian, gay, bi, trans and intersex (LGBTI) people. The United … Read the full press release

Online retail is the key driver for the German retail sector in 2017

Frankfurt am Main, 04-Oct-2017 — /EuropaWire/ — The German retail sector has visibly lifted its sales forecast for 2017, up from 2% to 3%. The key driver is online retail, along with the currently very consumer-friendly economic environment in Germany, which … Read the full press release

The Green Climate Fund (GCF) to allocate up to US$ 110 million to the EBRD’s Kazakhstan Renewables Framework

Fund to provide up to US$ 110 million for investments in green energy LONDON, 04-Oct-2017 — /EuropaWire/ — The Green Climate Fund (GCF) has approved an allocation of up to US$ 110 million to the EBRD’s Kazakhstan Renewables Framework, an innovative plan to finance … Read the full press release

EBRD President Sir Suma Chakrabarti met with Finland’s Minister of Finance Petteri Orpo

President Chakrabarti visits Helsinki for talks with government and businesses LONDON, 04-Oct-2017 — /EuropaWire/ — EBRD President Sir Suma Chakrabarti has used a visit to Helsinki to express the Bank’s gratitude for the support it enjoys from Finland and to appeal to the … Read the full press release

Jaap Sprey appointed new head of the EBRD Resident Office in Montenegro

Focusing on making economy more competitive, integrated and green LONDON, 04-Oct-2017 — /EuropaWire/ — Jaap Sprey, @SpreyJaap, the new head of the EBRD Resident Office in Montenegro, is taking up his new post in Podgorica today. Mr Sprey previously held the position of … Read the full press release

European Bank for Reconstruction and Development (EBRD) opens office in Alexandria, Egypt

Alexandria team will have major focus on development of small enterprises LONDON, 03-Oct-2017 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) has stepped up its support for the economic development of Egypt, with the opening of an office in … Read the full press release

Emilio Franco will join Mediobanca Group as the Chief Executive Officer of Mediobanca SGR

Emilio Franco will be CEO of Mediobanca SGR, the Group’s new asset management arm MILAN, 02-Oct-2017 — /EuropaWire/ — Mediobanca has strengthened its wealth management division with the addition of Emilio Franco, who will join the Group as Chief Executive Officer of Mediobanca … Read the full press release

Banca Generali and Saxo Bank partner to offer online trading and digital services

COPENHAGEN, 29-Sep-2017 — /EuropaWire/ — Banca Generali and Saxo Bank announce they have reached an agreement to establish an exclusive partnership to offer online trading and digital services. The objective is to offer clients, on an exclusive basis for the Italian … Read the full press release

UniCredit Bank Austria: The new HVB Cap Anleihe on the “S&P Global Water Index”

The new Anleihe with minimum repayment of 95 percent is based on the “S&P Global Water Index” It offers the opportunity to participate in a positive performance of the index up to a maximum repayment amount of 140 percent¹ of … Read the full press release

EBRD invests in green economy in the Western Balkans

Meat and dairy by-products could make regional economies greener LONDON, 25-Sep-2017 — /EuropaWire/ — The EBRD’s Green Economy Transition (GET) approach commits the Bank to raising its investment in the green economy to 40 per cent of annual business volume by 2020. This … Read the full press release

EBRD First VP Bennet meets with Mongolian president, officials

LONDON, 25-Sep-2017 — /EuropaWire/ — EBRD First Vice President Phil Bennett will visit Mongolia next week to meet President Khaltmaagiin Battulga, the interim government and the business community. It will be the first visit of a member of the Bank’s Executive Committee since the adoption … Read the full press release

EBRD expands operations in Morrocco, Bank VP leads ribbon-cutting ceremony

LONDON, 25-Sep-2017 — /EuropaWire/ — The EBRD’s Vice President of Banking, Alain Pilloux, is to visit Morocco from 25 to 29 September for meetings with government officials, businesses and project signings. Mr Pilloux’s visit also marks the expansion of the EBRD’s activities in the … Read the full press release

EBRD receives Choice Covered Bond Award 2017 from Global Capital

More recognition for Bank’s work on developing local capital markets LONDON, 25-Sep-2017 — /EuropaWire/ — The EBRD has been awarded GlobalCapital’s The Cover’s Editor’s Choice Covered Bond Award 2017, the biggest industry award in this area. Bill Thornhill, Editor of The … Read the full press release

KfW and KfW IPEX-Bank acknowledge importance of work-caregiving balance in Hessen

Voluntary acknowledgement to honour caregiving performed by employees Diverse support services related to ‘work and caregiving’ Frankfurt am Main, 25-Sep-2017 — /EuropaWire/ — Today (2017-09-20), KfW and its subsidiary KfW IPEX-Bank signed the charter on balancing work and caregiving in the … Read the full press release

SecBI and Innovery Announce Partnership to Promote SecBI’s “Autonomous Investigation” Cybersecurity Solution to the Italian and Spanish Markets

Tel Aviv, Israel and Rome, Italy, 25-Sep-2017 — /EuropaWire/ — SecBI, a leading developer of advanced cybersecurity threat detection solutions, and Innovery, a leading ICT services provider and software developer, today announced a partnership for distributing SecBI products in Italy … Read the full press release

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ABLV introduces innovative products and services for improved customer convenience this autumn

RIGA, 22-Sep-2017 — /EuropaWire/ — Payment card offer optimization, financing of goods exported from Ukraine, letter of credit financing, LEI for legal entities to make financial instruments transactions, New Hanza Capital bond issue, new issues of ABLV Bank bonds, management of … Read the full press release

Nova KBM completes the acquisition of Summit Leasing Slovenija (SLS)

MARIBOR, 21-Sep-2017 — /EuropaWire/ — Today (18. September 2017), Nova KBM (NKBM or the Bank) completed the acquisition of Summit Leasing Slovenija (SLS), one of the leading leasing companies in Slovenia. The transaction marks an important step towards realizing NKBM’s strategic goal of … Read the full press release

ABN AMRO launches new initiative for SMEs looking for a loan entirely online

AMSTERDAM, 21-Sep-2017 — /EuropaWire/ — Starting today, SMEs looking for a loan online can go to New10, an initiative of ABN AMRO. New10 lets them know within 15 minutes whether they qualify for a loan and under what terms and conditions. … Read the full press release

The Netherlands Authority for the Financial Markets (AFM) fined ABN AMRO Clearing Bank N.V. and ABN AMRO Bank N.V. for not complying with transaction-related reporting requirements

AMSTERDAMy, 21-Sep-2017 — /EuropaWire/ — The Netherlands Authority for the Financial Markets (AFM) has fined ABN AMRO Clearing Bank N.V. and ABN AMRO Bank N.V. for not completely complying with transaction-related reporting requirements. Under MiFID regulations, banks are required to submit … Read the full press release

EBRD: BBC Ukrainian launches its 13th annual literary prize for the best works of fiction in Ukrainian language

LONDON, 19-Sep-2017 — /EuropaWire/ — BBC Ukrainian has launched its 13th annual literary prize for the best works of fiction in the Ukrainian language – BBC Book of the Year (Книга року BBC 2017) and BBC Children’s Book of the Year (Дитяча … Read the full press release

EBRD to fund 51 MW solar plant in the Al-Safawi area of northern Jordan

US$ 65 million to 51 MW FRV-ATC Al-Safawi Solar Power Plant LONDON, 19-Sep-2017 — /EuropaWire/ — Continuing to support Jordan’s solar programme, the European Bank for Reconstruction and Development (EBRD) is extending a US$ 65 million loan to fund a 51 MW … Read the full press release

EBRD President Sir Suma Chakrabarti praised Ukraine’s progress in the reform process in recent years

Investment climate and anti-corruption efforts discussed at high-level meetings LONDON, 19-Sep-2017 — /EuropaWire/ — EBRD President Sir Suma Chakrabarti concluded a visit to Ukraine on Friday afternoon after meetings with the country’s President Petro Poroshenko, Prime Minister Volodymyr Groyssman and a speech at the … Read the full press release