Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

EIB Group Launches Global Green Checker to Simplify Access to Climate Finance Beyond Europe

(IN BRIEF) The European Investment Bank Group has expanded its Green Checker tool globally, enabling countries beyond the EU to identify and assess green investment opportunities. Launched at COP30 in Brazil, the platform simplifies climate eligibility assessments for projects and … Read the full press release

EU and EIB boost Central America’s clean energy transition with €1 billion funding under Global Gateway plan

(IN BRIEF) EIB Global has unveiled a €1 billion financing package to advance renewable energy generation and integrate national electricity grids across six Central American nations—Costa Rica, Panama, Honduras, Guatemala, El Salvador, and Belize—under the EU Global Gateway Investment Agenda. … Read the full press release

EIB Global strengthens its Albania partnership with appointment of Alessandro de Concini as new country representative

(IN BRIEF) EIB Global has appointed Alessandro de Concini as its new representative to Albania, succeeding Petia Manolova, to strengthen the country’s green, digital, and EU accession efforts. With 17 years of experience in the EIB Group and a strong … Read the full press release

EIB Expands Climate Roadmap with New Funding for Clean Energy, Reforestation, and Women Entrepreneurs at COP30

(IN BRIEF) The European Investment Bank (EIB) Group will unveil a series of climate-focused initiatives at COP30 in Belém, Brazil, strengthening global action on clean energy, biodiversity, and sustainable development. Backed by its Climate Bank Roadmap Phase Two, the EIB … Read the full press release

EIB finances €270 million green energy transformation for Karlsruhe’s grid and district heating systems

(IN BRIEF) The European Investment Bank has provided Stadtwerke Karlsruhe with €270 million in long-term financing to modernize Karlsruhe’s electricity grid and expand CO₂-neutral district heating systems. The 24-year loan supports the conversion of overhead lines to underground cables, the … Read the full press release

EIB backs Lithuania with €300 million to strengthen defence and reinforce EU security

(IN BRIEF) The European Investment Bank (EIB) has approved a €300 million loan to strengthen Lithuania’s defence infrastructure, marking over €1 billion in total EIB support to the country’s defence in 2025. The financing will fund key investments in logistics, … Read the full press release

EIB and EU partners expand financial aid to sustain Ukrainian businesses and secure winter energy supply

(IN BRIEF) The European Investment Bank (EIB) has released €100 million to support Ukraine’s wartime resilience, focusing on economic stability and municipal heating infrastructure. Of this, €70 million will go to Ukrgasbank to provide long-term loans for businesses and promote … Read the full press release

IFC and Crédit Agricole CIB partner on $2 billion risk transfer deal to boost trade finance in emerging markets

(IN BRIEF) The International Finance Corporation (IFC) and Crédit Agricole CIB have finalized a $2 billion Significant Risk Transfer (SRT) deal, backed by a $95 million financial guarantee from IFC, to unlock new trade finance commitments for emerging markets. The … Read the full press release

Garanti BBVA Celebrated at iF and A Design Awards for its Mobile and Pulse Apps and ‘My Home, My Car, My Travel’ Project

(IN BRIEF) Garanti BBVA has earned three major international honors — two from the iF Design Awards and one from the A Design Awards — for its leadership in digital design and innovation. The updated Garanti BBVA mobile app and … Read the full press release

EIB Global and Erste Bank Serbia Join Forces to Boost Inclusive Growth and Employment Opportunities

(IN BRIEF) EIB Global has signed a €10 million loan and a €1.3 million grant with Erste Bank Serbia to support small businesses and promote inclusive employment opportunities across the country. The initiative uses an innovative impact-based financing model, rewarding … Read the full press release

Overture Life Secures EIB Support to Boost Automation and Accessibility in Reproductive Healthcare

(IN BRIEF) The European Investment Bank (EIB) has provided a €20 million loan to Overture Life to develop automated and AI-driven technologies for in vitro fertilization (IVF) and egg freezing. The funding supports the company’s R&D, production expansion, and clinical … Read the full press release

EIB Group Strengthens Sustainability Leadership with €51 Billion in Climate Financing and New Reporting Framework

(IN BRIEF) The European Investment Bank (EIB) Group has launched its first fully integrated Sustainability Report for 2024, combining multiple prior disclosures into one comprehensive publication aligned with EU sustainability standards. The report highlights record climate financing of €51 billion, … Read the full press release

Lloyds study finds majority of UK adults use AI to budget, save, and plan finances—but trust concerns persist

(IN BRIEF) Lloyds Banking Group’s latest Consumer Digital Index reveals that personal finance is now the leading use of artificial intelligence in the UK, with 28.8 million adults using AI tools to manage money, save, and learn about financial planning. … Read the full press release

BBVA Switzerland combines behavioral economics and technology to transform how people view investing

(IN BRIEF) BBVA Switzerland has launched Investing in the Mirror, a digital initiative developed with its Behavioral Economics team to help people understand how emotions and biases influence their investment decisions. The interactive platform combines videos, podcasts, and expert commentary … Read the full press release

EIB grants €100 million loan to Holmen to expand wind power and strengthen Sweden’s clean-energy transition

(IN BRIEF) The European Investment Bank is lending €100 million to Swedish forest-industry group Holmen to finance the expansion of its onshore wind projects in northern Sweden. The investment will increase renewable energy production to meet rising demand from energy-intensive … Read the full press release

EIB Group and Santander Partner in €569.5 Million Securitisation to Boost Green Construction and SME Competitiveness in Spain

(IN BRIEF) The EIB Group, comprising the European Investment Bank and the European Investment Fund, has signed a €569.5 million securitisation deal with Santander to support Spanish SMEs and mid-caps. The transaction will unlock approximately €1.08 billion in financing, including … Read the full press release

EIB Provides €90 Million Loan to TVO for Safety and Modernization Upgrades at Finland’s Olkiluoto Nuclear Plant

(IN BRIEF) The European Investment Bank has approved a €90 million loan to Finland’s Teollisuuden Voima Oyj (TVO) to upgrade two reactor units at the Olkiluoto nuclear power plant. The financing will fund safety-critical updates, including control system modernization and … Read the full press release

Barcelona and the EIB Strengthen Partnership to Expand Sustainable Public Housing and Support Vulnerable Residents

(IN BRIEF) The European Investment Bank and the Barcelona City Council have signed a €113 million agreement to develop nine social housing projects that will deliver 640 new homes for around 2,040 people between 2026 and 2030. The initiative—part of … Read the full press release

AI Virtual Summit by Wolters Kluwer Explores Agentic Intelligence, Leadership, and the Future of Business Transformation

(IN BRIEF) Wolters Kluwer’s AI Virtual Summit, taking place online from November 11–12, will bring together leaders from Amazon, Microsoft, Dell Technologies Capital, and Wolters Kluwer’s AI Center of Excellence to examine the future of artificial intelligence in business and … Read the full press release

Ukraine’s First EIB-Financed Preschool in Vysoke Combines Education, Safety and Hope for Local Families

(IN BRIEF) The European Investment Bank (EIB), through the Ukraine Recovery Programme, has financed the construction of the first preschool in Vysoke village, Zhytomyr Oblast, at a cost of €812,000. Completed in less than a year, the facility can host … Read the full press release