Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

LBBW and KfW IPEX-Bank to fund the expansion of Karaburun wind farm in Turkey

(PRESS RELEASE) FRANKFURT, 16-Jul-2020 — /EuropaWire/ — German banks Landesbank Baden-Württemberg (LBBW) and KfW IPEX-Bank, a wholly owned subsidiary of KfW, will provide funding for the expansion of the Karaburun wind farm located just near by Izmir in Turkey. The … Read the full press release

Skandinaviska Enskilda Banken AB (SEB) one of five banks chosen to execute Sweden’s EUR 2 billion first green bond

(PRESS RELEASE) STOCKHOLM, 14-Jul-2020 — /EuropaWire/ — The leading Nordic corporate bank Skandinaviska Enskilda Banken AB (SEB) will be the joint lead manager for Sweden’s first green bond. SEB is one of five banks with a mandate to execute the … Read the full press release

Lloyds Bank to address growing popularity of subscription services with new feature in its mobile banking app

Subscriptions to popular services including streaming services have quadrupled during the UK lockdown New Lloyds Bank feature makes managing subscriptions easier for customers The service is currently being piloted and will be available soon to customers across the UK (PRESS … Read the full press release

Standard Chartered adds extensive network across Asia, Africa, and the Middle East to the IBOS international banking network

(PRESS RELEASE) SINGAPORE, 8-Jul-2020 — /EuropaWire/ — British multinational banking and financial services group Standard Chartered has announced it has joined the international banking network IBOS Association (IBOS). IBOS members, some of the world’s largest banks, collaborate to serve each … Read the full press release

Environmental projects and SMEs in Denmark to benefit from new NIB and Ringkjøbing Landbobank cooperation

(PRESS RELEASE) HELSINKI, 6-Jul-2020 — /EuropaWire/ — International financial institution NIB announces signing of a ten-year loan agreement with Danish Ringkjøbing Landbobank (RLB) for onlending to environmental projects and to small and medium-sized enterprises in Denmark. A substantial part of … Read the full press release

Bankinter ya es neutral en carbono

El banco fue el primer banco en calcular su huella de CO2 en 2009 y consiguió la neutralidad de su huella en el mercado español en 2018 que ahora extiende a otros mercados. (PRESS RELEASE) MADRID, 3-Jul-2020 — /EuropaWire/ — … Read the full press release

Intesa Sanpaolo and Nexi strategic agreement received all authorisations from the competent authorities

(PRESS RELEASE) TURIN/ MILAN, 30-Jun-2020 — /EuropaWire/ — Italian banking group Intesa Sanpaolo has announced that its strategic agreement related to payment systems with Nexi, an Italian bank that specialises in payment systems, has just been finalised with all the … Read the full press release

Cyber Resilience amid a Global Pandemic: Intesa Sanpaolo emerged winner at the AIPSA CTF challenge

First place in the “Cyber Resilience amid a Global Pandemic” competition which saw the participation of Italy’s leading companies The Intesa Sanpaolo team was successful in overcoming all the security challenges Massimo Proverbio: “Proof of the outstanding work we have … Read the full press release

Leadership changes at ING: Current CEO Ralph Hamers leaves; Steven van Rijswijk will be the new CEO

(PRESS RELEASE) AMSTERDAM, 19-Jun-2020 — /EuropaWire/ — Dutch multinational banking and financial group ING has announced leadership changes. The bank’s Supervisory Board has just appointed Steven van Rijswijk, currently member of the Executive Board and chief risk officer of ING, … Read the full press release

Evonik’s new combined gas and steam turbine power plant in Marl gets financial backing from KfW IPEX-Bank and Siemens Financial Services

Replacement for existing reserve gas power plant Built by Siemens Energy as the general contractor (PRESS RELEASE) FRANKFURT, 18-Jun-2020 — /EuropaWire/ — German state-owned development bank KfW has announced that its subsidiary KfW IPEX-Bank GmbH together with Siemens Financial Services … Read the full press release

KfW Research: Drastic impact of the coronavirus outbreak in Germany heavily influenced the lending dynamic in Q1

First quarter lending was up 7.3% year on year Growth of 10% expected for the second quarter High liquidity requirements due to pandemic-induced income losses are driving short-term loans Credit access expected to remain broadly intact (PRESS RELEASE) FRANKFURT, 18-Jun-2020 … Read the full press release

SEB, AMF and FAM create Sindre Invest AB to help Swedish companies make it through the economic crisis

(PRESS RELEASE) STOCKHOLM, 12-Jun-2020 — /EuropaWire/ — SEB, AMF and FAM team up to support Swedish companies in need of capital to make it through the corona crisis. The partners invested SEK 3.5bn in a jointly owned company, Sindre Invest … Read the full press release

EBRD and Startup Wise Guys partner for a Fintech accelerator programme

(PRESS RELEASE) LONDON, 3-Jun-2020 — /EuropaWire/ — European Bank for Reconstruction and Development (EBRD) announces new partnership with Startup Wise Guys, a leading start-up accelerator with a presence across the Baltic states. This collaboration will benefit start-ups across the regions … Read the full press release

Moldovan agricultural firm Terrarica to upgrade machinery with financial support from EBRD and the EU

(PRESS RELEASE) LONDON, 22-May-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) has announced that a joint financing facility of the bank and the EU helped Terrarica to purchase machinery for agriculture production, including new tractors, auxiliary … Read the full press release

Turkish pulses producer Yayla gets EUR 25 million loan from EBRD

(PRESS RELEASE) LONDON, 22-May-2020 — /EuropaWire/ — The multilateral developmental investment bank EBRD has announced it is financing the day-to-day operations of the Turkish pulses producer Yayla with €25 million loan in the form of working capital. Yayla is facing … Read the full press release

Minsait and Bankia to develop AI-based tools to improve customer experience and security in the financial institutions

(PRESS RELEASE) ALCOBENDAS, Spain, 19-May-2020 — /EuropaWire/ — Minsait, an Indra company, and Bankia have signed an agreement to develop tools that can prevent, detect and contain trends or patterns of fraud and cybersecurity anomalies through artificial intelligence. Both with … Read the full press release

Deutsche Investitions- und Entwicklungsgesellschaft – DEG will provide $12 million long-term loan to Asia Royal for a hospital in Myanmar

(PRESS RELEASE) COLOGNE, 18-May-2020 — /EuropaWire/ — KfW Group subsidiary Deutsche Investitions- und Entwicklungsgesellschaft – DEG announced it will help Myanmar improve its healthcare system by providing a $12 million long-term loan to Asia Royal Company Ltd. (Asia Royal). The … Read the full press release

Standard Chartered’s sustainable deposit product that helps finance UN’s SDGs activities reached $2bn

(PRESS RELEASE) LONDON, 13-May-2020 — /EuropaWire/ — Leading international banking group Standard Chartered announced that its sustainable deposit product, helping finance UN’s SDGs activities, has just reached the $2 billion milestone with a significant deposit made by the French integrated … Read the full press release

Hygiene products manufacturer Vinda Household Paper (China) Limited the first company in Asia to make a drawdown under Standard Chartered’s US$1 billion financing commitment to fight Covid-19

(PRESS RELEASE) HONG KONG, 12-May-2020 — /EuropaWire/ — Leading international banking group Standard Chartered has announced that Vinda International Holdings Ltd (3331.HK)’s subsidiary Vinda Household Paper (China) Limited is Asia’s first company to take an advantage of the bank’s US$1 … Read the full press release

BBVA and the IMDEA Software Institute to explore application of advanced cryptographic techniques in the financial sector

(PRESS RELEASE) BILBAO, 4-May-2020 — /EuropaWire/ — BBVA and the IMDEA Software Institute team up on the development of advanced cryptographic techniques. A joint framework to research the use of this technology in the development of digital solutions was created … Read the full press release

Alfa Laval amends and extends maturity of EUR 400m / USD 543m Revolving Credit Facility

Alfa Laval amends and extends maturity of EUR 400m / USD 543m Revolving Credit Facility

(PRESS RELEASE) LUND, Sweden, 21-Apr-2020 — /EuropaWire/ — Heat transfer, centrifugal separation and fluid handling leader Alfa Laval has announced it amended and extended the maturity of its Revolving Credit Facility. The company’s Revolving Credit Facility is now a facility … Read the full press release

Les clients Société Générale pour profiter paiement sans contact augmenter de 30€ à 50€

(PRESS RELEASE) PARIS, 17-Apr-2020 — /EuropaWire/ — 5 millions de cartes bancaires Société Générale, toutes gammes confondues sont concernées par l’augmentation de plafond à 50 euros. A partir du 27 avril 2020 les cartes bancaires* détenues par les clients de … 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

COVID-19: Dutch banking and financial group Rabobank postpones dividend payments until at least Oct 2020

COVID-19: Dutch banking and financial group Rabobank postpones dividend payments until at least Oct 2020

(PRESS RELEASE) UTRECHT, 30-Mar-2020 — /EuropaWire/ — Dutch multinational banking and financial group Rabobank has announced it will not make distributions on its Rabobank Certificates in March, June and September 2020. Decision follows recent ECB and DNB announcements. Herewith Rabobank … Read the full press release

Barclays strengthens senior client coverage in Asia Pacific region with new appointments

(PRESS RELEASE) LONDON, 23-Mar-2020 — /EuropaWire/ — Barclays announces the appointment of Carrie Chen as Vice Chairman of Greater China Banking; and Sung-Min Chung as Head of Technology in Banking for Asia Pacific. The appointments will strengthen senior client coverage … Read the full press release

ING announces proposed appointments for 2020 AGM; Eric Boyer de la Giroday and Hermann-Josef Lamberti to step down from the Supervisory Board

(PRESS RELEASE) AMSTERDAM, 16-Mar-2020 — /EuropaWire/ — ING to propose the appointment of Juan Colombás, Herman Hulst and Harold Naus to the Supervisory Board. The proposed nominations are part of the proxy materials for ING’s 2020 AGM on 28 April … 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

Best small cap fund award in Morningstar Fund awards goes for SEB Sverigefond Småbolag C/R

SEB-Kristofer Antonsson, Daniel Klint and Per Trygg receive the award from Jonas Lindmark, Morningstar

(PRESS RELEASE) STOCKHOLM, 10-Mar-2019  — /EuropaWire/ — Swedish financial group Skandinaviska Enskilda Banken AB has announced that its SEB Sverigefond Småbolag C/R has emerged as best small cap fund winner in the Morningstar Fund Awards on 9 March, 2020. According … Read the full press release

Offshore wind energy: EIB to loan EUR 250 million to TSO TenneT Holding B.V. for the Zuidwest 380 kV project

(PRESS RELEASE) ARNHEM, Netherlands, 9-Mar-2020 — /EuropaWire/ — TenneT Holding B.V. and The European Investment Bank (EIB) sign EUR 250 million loan agreement to finance the western section of TenneT’s “Zuidwest 380 kV” project. The EIB financing will support the … Read the full press release

European Customer Data Platform Industry Grows Quickly Despite Limited Funding: CDP Institute

CDP Institute Logo New

(PRESS RELEASE) SWARTHMORE, PA, U.S.A., 9-Mar-2020 — /EuropaWire/ — Europe’s base of home-grown Customer Data Platform vendors grew rapidly in 2019, according to the CDP Industry in Europe 2020 report from the Customer Data Platform Institute. The number of vendors … Read the full press release