Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

EIB and ICSC Strengthen Partnership with €150 Million Loan to Modernize Italy’s Sports and Cultural Infrastructure

(IN BRIEF) The European Investment Bank (EIB) has granted a €150 million loan to the Istituto per il Credito Sportivo e Culturale (ICSC) to finance new and upgraded public sports and cultural infrastructure across Italy. The funding will support projects … Read the full press release

Ignitis Group Secures €318 Million Financing Package Led by EBRD to Advance Lithuania’s Green Energy Transition

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is lending €79.5 million to Ignitis Group as part of a €318 million financing consortium that includes the EIB, Swedbank, and NIB to fund the 314 MW Kelmė wind farm … Read the full press release

Lloyds Banking Group strengthens AI leadership in financial services through large-scale Copilot integration and workforce upskilling

(IN BRIEF) Lloyds Banking Group has achieved a major milestone in AI adoption, with 93% of its 30,000 M365 Copilot licence holders actively using the tool to improve productivity and save an average of 46 minutes daily. Supported by its … Read the full press release

EDAP TMS Secures €36 Million Credit Facility from the European Investment Bank to Accelerate Global Growth and Innovation

(IN BRIEF) EDAP TMS SA has secured a €36 million credit facility from the European Investment Bank (EIB), supported by the European Commission’s InvestEU guarantee, to boost the global expansion of its Focal One® Robotic HIFU platform and fund new … Read the full press release

Nest Expands Private Equity Partnership with Schroders Capital to £1.5 Billion to Drive Innovation and Support UK Growth

(IN BRIEF) Nest has strengthened its partnership with Schroders Capital by adding £500 million to its private equity mandate, bringing the total to £1.5 billion. Schroders Capital will use the funding to invest in innovative businesses across key sectors like … Read the full press release

Kemira Secures NIB Financing to Accelerate Industrial-Scale Biomaterials Production with IFF Partnership

(IN BRIEF) The Nordic Investment Bank (NIB) has approved a EUR 50 million, 10-year loan to Kemira for constructing a new biomaterials production facility in Finland. The project, jointly developed with International Flavors & Fragrances (IFF), will produce bio-based alpha-glucans … Read the full press release

EU-Backed EBRD Loans Boost Green and Competitive Growth for Moldova’s maib, Victoriabank, and Eximbank

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union, is extending €22.5 million in new loans to three Moldovan banks — maib, Victoriabank, and Eximbank — under the EU4Business-EBRD Credit Line to boost … Read the full press release

Vilniaus vandenys Secures EIB Loan to Modernize Water and Wastewater Networks Across the Vilnius Region

(IN BRIEF) The European Investment Bank (EIB) is providing a €50 million loan to Vilniaus vandenys, Lithuania’s largest water utility, to upgrade and expand water and wastewater infrastructure in the Vilnius region. The project includes station upgrades, network extensions, and … Read the full press release

Garanti BBVA Strengthens Capital Base with $700 Million Tier 2 Bond Issue Amid Strong Investor Demand

(IN BRIEF) Garanti BBVA, the Turkish subsidiary of BBVA, has completed a $700 million Basel III-compliant Tier 2 bond issuance, raising its total subordinated bond sales to $2.45 billion in two years—the highest among banks. The latest fixed-rate bond, maturing … Read the full press release

SIX Extends Strategic Partnership with Barclays to Deliver Smarter Data Solutions Across Global Operations

(IN BRIEF) SIX and Barclays have entered into a seven-year global partnership to accelerate the bank’s international growth and enhance cost efficiency. The collaboration will give Barclays access to SIX’s suite of financial data products and allow the bank to … Read the full press release

EIB and BRED Banque Populaire Join Forces to Unlock €800 Million in Financing for SMEs and Sustainable Growth in France’s Overseas Territories

(IN BRIEF) The European Investment Bank and BRED Banque Populaire have launched their first joint financing program to support SMEs and mid-cap companies in France’s overseas territories, mobilizing a total of €800 million. Backed by an EIB loan of €400 … Read the full press release

EIB and European Commission Support BioNTech’s First mRNA Vaccine Manufacturing Facility in Africa with up to €95 Million in Financing

(IN BRIEF) The European Investment Bank and European Commission are jointly supporting BioNTech’s mRNA manufacturing facility in Kigali, Rwanda, with up to €95 million in blended financing. The project aims to strengthen Africa’s capacity to produce vaccines locally for diseases … Read the full press release

EU Deepens Collaboration with ASEAN to Accelerate Clean Energy Integration and Regional Power Grid Development

(IN BRIEF) The European Union has announced expanded support for Southeast Asia’s sustainable energy transition through a major partnership with ASEAN and the Asian Development Bank to advance the ASEAN Power Grid. The initiative aims to improve energy access for … Read the full press release

Tony Hable Named Head of Infrastructure and Project Finance at Lloyds to Drive Innovation Across UK, US, and European Markets

(IN BRIEF) Lloyds Banking Group has appointed Tony Hable as Head of Infrastructure & Project Finance, reflecting its strategic focus on growth and innovation across the UK, USA, and Europe. Reporting to Managing Director James Ranger, Hable will lead the … Read the full press release

EBRD Launches €10 Million Initiative to Support Sustainable Growth in Albania’s SME Sector

(IN BRIEF) The EBRD has launched a €10 million financial package for Tirana Bank, including a €5 million SME Reboot loan to help Albanian SMEs invest in green technologies and a €5 million trade finance facility to expand the bank’s … Read the full press release

METLEN and Karatzis Group Launch 330MW / 790MWh Battery Energy Storage System in Thessaly, Strengthening Greece’s Green Transition

(IN BRIEF) METLEN and Karatzis Group have announced a strategic joint venture to develop a large-scale Battery Energy Storage System (BESS) in Thessaly, Greece, with a capacity of 330 MW / 790 MWh. The €170 million project, scheduled for completion … Read the full press release

Patria Bank Secures Second EIB Loan to Expand Credit Access and Promote Sustainable Growth in Romania

(IN BRIEF) The European Investment Bank (EIB) has granted a €25 million loan to Romania’s Patria Bank SA to expand financing for small and medium-sized enterprises (SMEs) and Mid-Cap companies, especially in less-developed regions. A fifth of the funds will … Read the full press release

Latvia and EIB Partner to Develop Military Base and Training Area under Potential Public-Private Partnership

(IN BRIEF) The European Investment Bank (EIB), the Latvian government, and the State Real Estate Agency (VNI) have signed an agreement to develop a new military base and training area in Selonia, along with a storage facility in Kuldīga. The … Read the full press release

EIB Strengthens Partnership with Banca di Asti to Boost Financing for Italian Agricultural SMEs

(IN BRIEF) The European Investment Bank (EIB) and Banca di Asti have signed a €100 million financing agreement to support Italian SMEs in the agriculture and bioeconomy sectors, with 10% of the funds reserved for young farmers. The signing took … Read the full press release

Crédit Agricole CIB and Quandela Advance Quantum-Enhanced Credit Risk Modeling with Photonic Processors

(IN BRIEF) Crédit Agricole CIB and Quandela have revealed the results of their collaboration on developing a hybrid classical-quantum algorithm that improves credit default risk prediction models. Validated for the first time using photonic quantum processors, the solution demonstrates enhanced … Read the full press release