Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

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

New three-level road jointly financed by EBRD and Asian Infrastructure Investment Bank opened in Dushanbe, Tajikistan

Modern road interchange opened in Dushanbe Tajik President attends ceremony New road part of wider regional investment project LONDON, 14-Sep-2018 — /EuropaWire/ — The population of the Tajik capital Dushanbe will benefit from short travel times and state-of-the-art transport solutions following … Read the full press release

DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH to invest 14 million USD in Grupo Vitalmex

COLOGNE, 12-Sep-2018 — /EuropaWire/ — DEG is co-Investor in a financing tranche led by Australis providing growth capital for Grupo Vitalmex. The demand for medical procedures is rising in Mexico, due to high rates of chronic diseases including cardiovascular disease and … Read the full press release

KfW-ifo SME Barometer: German SMEs optimistic about the future despite recent truce in the trade conflict between US and EU

Business sentiment of small and medium-sized enterprises continues to improve Large enterprises are also more optimistic Robust upswing, but many risks remain Frankfurt am Main, 11-Sep-2018 — /EuropaWire/ — With the recent truce in the trade conflict between the US and … Read the full press release

Deutsche Bank marks its 40th anniversary in South Korea and Thailand

FRANKFURT, 06-Sep-2018 — /EuropaWire/ — At the beginning of September 1978, Deutsche Bank’s representation in East Asia was expanded considerably with the opening of branches in the South Korean capital Seoul and Thailand’s capital Bangkok. However, the branches operated under the … Read the full press release

Silvana Tenreyro named winner of Carl Menger Award 2018

ZURICH, 05-Sep-2018 — /EuropaWire/ — Every two years, the Verein für Socialpolitik confers the Carl Menger Award for innovative international research in the areas of monetary macroeconomics and monetary policy. The award, named after the Austrian economist and co-founder of the … Read the full press release

KfW SME Panel: number of trainees and apprentices across Germany grew in 2017 for the first time in six years

High demand for labour has led to first increase in traineeships and apprenticeships since 2011 Around 90% of trainees and apprentices undergo training in small and medium-sized enterprises Women choose other training occupations than men – and are paid less … Read the full press release

Roland Berger’s European Retail Banking Survey: Digitalization and new business models have created a growing gap between product creation and product sales in the banking sector

MUNICH, 30-Aug-2018 — /EuropaWire/ — Digitalization and new business models have created a growing gap between product creation and product sales in the banking sector. Digital platforms are already giving incumbent banks’ competitors access to the majority of their customer base … Read the full press release

Lloyds Bank Quarterly Savings Report: regular savers feeling happier and less anxious than their non-saving counterparts

Almost three quarters (74%) of regular savers feel happy as opposed to just over a third (36%) of non-savers. Over half (53%) of savers agree that having a savings plan has had a positive impact on their mental health. Six … Read the full press release

Credit Suisse Group (Guernsey) II Limited calls its CHF 2.5 billion 9.0%, USD 1.72 billion 9.5% and USD 1.725 billion 9.5% high-trigger tier 1 capital instruments for redemption

ZURICH, 29-Aug-2018 — /EuropaWire/ — Credit Suisse Group (Guernsey) II Limited has called its CHF 2.5 billion 9.0%, USD 1.72 billion 9.5% and USD 1.725 billion 9.5% high-trigger tier 1 capital instruments for redemption on the first optional redemption date of … Read the full press release

Barclays is one of only four banks on the Fortune Magazine’s 2018 Change the World List

LONDON, 27-Aug-2018 — /EuropaWire/ — Barclays has been named on Fortune Magazine’s 2018 Change the World List.  The list recognizes companies that have had a positive social impact through activities that are part of their core business strategy. Barclays is one of only four … Read the full press release

Francois Monnet and Benjamin Cavalli to lead Private Banking Asia Pacific at Credit Suisse

Credit Suisse today announced the appointments of Francois Monnet and Benjamin Cavalli to lead Private Banking Asia Pacific. Mr. Monnet and Mr. Cavalli will continue to be based in Hong Kong and Singapore respectively, and will report to Helman Sitohang, … 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

Claudio de Sanctis appointed Head of Europe at Deutsche Bank Wealth Management

Frankfurt am Main, 17-Aug-2018 — /EuropaWire/ — Deutsche Bank announced today that it has hired Claudio de Sanctis as Head of Europe. In this newly formed role, de Sanctis will help boost growth in the region by building on its leading … Read the full press release

KfW loans EUR 300 million for new barrage across the Nile in Asyut

EUR 300 million provided to safeguard irrigation farming Project secures source of income for 5 million Egyptians Hydropower plant enables climate-friendly power generation Frankfurt am Main, 16-Aug-2018 — /EuropaWire/ — Today (2018-08-13), Egyptian President Abdel Fattah al-Sisi inaugurated a barrage across … Read the full press release

KfW signs EUR 200 million loan agreement with Rural Electrification Corporate Limited for developing the power supply in rural India

Credit line for EUR 200 million Increased energy generation capacity based on solar and wind power Additional power supply for over 270,000 Indian homes Improved environmental and social standards Frankfurt am Main, 16-Aug-2018 — /EuropaWire/ — On behalf of the German … Read the full press release

EBRD invests EUR 100 million in a new seven-year €550 million bond issue by the Bulgarian Energy Holding (BEH)

EBRD invests €100 million in new bond issue of Bulgarian Energy Holding (BEH) BEH to refinance its 2013 issue and continue supporting liberalisation of electricity sector Largest corporate bond with longest tenor will deepen capital market LONDON, 15-Aug-2018 — /EuropaWire/ … Read the full press release

Jean-Philippe Adam appointed Senior Country Manager of Natixis’s Corporate & Investment Banking (CIB), Spain and Portugal

Jean-Philippe Adam has been appointed Senior Country Manager, Corporate & Investment Banking (CIB), Spain and Portugal. PARIS, 13-Aug-2018 — /EuropaWire/ — Jean-Philippe took up his new duties on July 24, 2018 while retaining his current duties as Head of Natixis’ CIB … Read the full press release

Prudential plc and Standard Chartered Bank to jointly serve the fast-growing demand for life insurance products and services in Ghana

LONDON, 08-Aug-2018 — /EuropaWire/ — Prudential plc and Standard Chartered Bank have extended their exclusive long-term bancassurance partnership to Ghana to jointly serve the fast-growing demand for life insurance products and services. The exclusive strategic bancassurance partnership between the two organisations … Read the full press release

Lower-carbon future: Lloyds Banking Group will no longer finance new coal-fired power stations or thermal coal mines

Lloyds Banking Group will not fund new coal-fired power stations or thermal coal mines The Bank will not bank new clients where most of their revenue is  derived from coal-fired power stations or thermal coal mines LONDON, 07-Aug-2018 — /EuropaWire/ … Read the full press release

Barclays takes significant minority stake in fintech company MarketInvoice

LONDON, 06-Aug-2018 — /EuropaWire/ — Barclays has today announced that it is partnering with leading fintech business MarketInvoice, Europe’s largest online invoice financing platform, in a deal that is set to transform the way small and medium enterprises (SMEs) in the … Read the full press release

Societe Generale to sell its majority stake in Societe Generale Expressbank (Bulgaria) and Societe Generale Albania to OTP Bank

Societe Generale has entered into an agreement to sell its majority stake in Societe Generale Expressbank (Bulgaria) to OTP Bank. The closing of the transaction is expected to take place in the coming months, subject to receipt of clearances from … Read the full press release

Deutsche Bank, Pearl Jam, the Bill & Melinda Gates Foundation and the Raikes Foundation partner with DonorsChoose.org to combat student homelessness

Frankfurt am Main, 06-Aug-2018 — /EuropaWire/ —  Deutsche Bank, in conjunction with the rock band Pearl Jam, the Bill & Melinda Gates Foundation and the Raikes Foundation, is partnering with DonorsChoose.org to combat student homelessness. According to a Civic Enterprises and … Read the full press release

EBRD provides US$ 15 million loan to a major manufacturer and supplier of retails stores equipment Modern-Expo Group

LONDON, 06-Aug-2018 — /EuropaWire/ — The EBRD is supporting operations of one of the largest manufacturers and suppliers of fixtures and equipment for retail stores and warehouses in central and eastern Europe by providing it with a seven-year loan of US$15 … Read the full press release

7.7 kilometre-long bypass road around the city of Ungheni, Moldova opens to improve connection to EU border

Seven kilometres of new road to improve connection to EU border and divert heavy traffic from city of Ungheni LONDON, 06-Aug-2018 — /EuropaWire/ — Ambassador Peter Michalko, Head of the European Union Delegation in Moldova and Moldova’s Prime Minister, Pavel Filip, have launched a bypass … Read the full press release

Filarmonica della Scala 2018 tour: seven concerts in seven different cities across Slovenia, Germany, Switzerland, Austria and Italy

Seven concerts in seven  cities across Slovenia, Germany, Switzerland, Austria and Italy Independent orchestra dedicated to symphonic repertoire MILAN, 02-Aug-2018 — /EuropaWire/ — The last leg of the Filarmonica della Scala international tour in 2018 will start on 30 August … Read the full press release

Poste Italiane and UniCredit to establish partnerships in the consumer credit market

The agreement forms part of Poste Italiane’s strategy to establish partnerships with leading banking groups for the distribution of financial products ROME, 02-Aug-2018 — /EuropaWire/ — Poste Italiane and UniCredit have signed today a letter of intent, with the aim … Read the full press release

ING helped secure €2.27 billion of financing for the the world’s longest suspension bridge over the Dardanelles Strait in Turkey

AMSTERDAM, 30-Jul-2018 — /EuropaWire/ — A two-kilometre suspension bridge, the world’s longest, is being built over the Dardanelles Strait in north-western Turkey linking Europe and Asia. ING helped secure €2.27 billion of financing for the project that involves an international consortium … Read the full press release

ING to invest €21 million in international payments platform TransferMate

AMSTERDAM, 30-Jul-2018 — /EuropaWire/ — ING announced yesterday (29 July) that it will invest in international payments platform TransferMate to provide SME customers and corporate clients with faster, cheaper and easier payments solutions. “ING is dedicated to offering seamless payment solutions and freedom … Read the full press release