Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

Ericsson and SoftBank Extend AI-RAN Integration Collaboration to Revolutionize Telecommunications and Mobile Networks

(IN BRIEF) Ericsson and SoftBank have made significant progress in their joint AI-RAN integration research, showcasing advancements such as a prototype of Ericsson’s Cloud RAN software running on NVIDIA’s GH200 Grace Hopper Superchip. The companies have developed an architecture that … Read the full press release

De Nieuwe Schatkamer Offers Insightful Experience into the World of Economics and Art at De Nederlandsche Bank

(IN BRIEF) De Nieuwe Schatkamer at De Nederlandsche Bank in Amsterdam offers an engaging and educational experience about economics, gold, and the role of DNB in a modern society. Visitors can explore a range of interactive exhibits, such as simulating … Read the full press release

EIB Invests €350 Million with INWIT to Boost Digital Connectivity and Mobile Coverage Across Italy

(IN BRIEF) The European Investment Bank (EIB) has granted €350 million to INWIT to support the expansion of digital telecommunications infrastructure across Italy, improving mobile coverage, especially in rural areas. The investment will fund the development of both macro-grid infrastructure … Read the full press release

EIB Group Invests €121 Million to Boost Green Mortgages and Energy Efficiency in Spain’s Real Estate Sector

(IN BRIEF) The EIB Group has committed €121 million to a synthetic securitisation operation with Santander, aiming to mobilize €163 million to promote green loans in Spain’s residential real estate market. This collaboration will support energy efficiency and sustainability projects, … Read the full press release

ECOWAS Bank and European Investment Bank Launch €100 Million Partnership to Drive Climate Action in West Africa

(IN BRIEF) The ECOWAS Bank for Investment and Development (EBID) and the European Investment Bank (EIB), with support from the European Union (EU), have launched a €100 million partnership aimed at addressing climate action and environmental sustainability challenges in the … Read the full press release

NIB Validates Ambitious Emission Reduction Targets with SBTi, Paving the Way for a Greener Future

(IN BRIEF) The Nordic Investment Bank (NIB) has received official validation for its emission reduction targets from the Science Based Targets initiative (SBTi), confirming its alignment with a 1.5°C pathway. These targets, announced at COP28 in 2023, are part of … Read the full press release

KfW IPEX-Bank Finances Two New Low-Emission Cargo Vessels for Carisbrooke Shipping

(IN BRIEF) KfW IPEX-Bank has provided EUR 26 million in financing to Carisbrooke Shipping to support the construction of two modern, environmentally-friendly general cargo vessels. The project, backed by Dutch export credit insurance, contributes to the British company’s fleet renewal … Read the full press release

KPMG and KfW Release Analysis on Digitalisation of Germany’s Capital Markets Using Blockchain Technology

(IN BRIEF) KPMG and KfW have unveiled an analysis evaluating the maturity of DLT-based capital markets in Germany and Europe, with a focus on KfW’s blockchain-based bond issues. The study highlights the importance of developing scalable digital markets to ensure … Read the full press release

EIF Invests €25 Million in IPR.VC Fund III to Strengthen Europe’s Film and TV Production Sector

(IN BRIEF) The European Investment Fund (EIF) has committed €25 million to IPR.VC Fund III, a Finnish-based initiative focused on financing high-quality European films and TV series. This investment will help attract further financial backers to the fund, which aims … Read the full press release

EIF Commits SEK 225 Million to Behold Ventures to Fuel Nordic Gaming Industry Growth

(IN BRIEF) The European Investment Fund (EIF) has pledged SEK 225 million (approximately €20 million) to Behold Ventures, a Swedish venture capital fund, to support early-stage game developers in Denmark, Finland, Iceland, Norway, and Sweden. This commitment, which marks the … Read the full press release

EIB and Sparkasse Bank Launch Partnership to Drive Green Finance and Sustainability in North Macedonia

(IN BRIEF) The European Investment Bank (EIB) and Sparkasse Bank AD Skopje have launched their collaboration under the Greening Financial Systems (GFS) technical assistance programme in Skopje. This initiative aims to foster green transformation by supporting financial institutions in North … Read the full press release

EIB Supports Universal DX with €20 Million Loan to Advance Early Cancer Detection via Liquid Biopsy

(IN BRIEF) The European Investment Bank (EIB) has signed a €20 million loan agreement with Universal DX, a Spanish startup pioneering blood-based liquid biopsy solutions for early cancer detection. The investment will accelerate the development and commercialization of their colorectal, … Read the full press release

Helios Fund V Secures $75 Million Investment from EIB Global to Fuel Africa’s Digital and Tech Growth

(IN BRIEF) The European Investment Bank (EIB Global) has committed $75 million to Helios Fund V, a private equity fund managed by Helios Investment Partners. Focusing on sectors like digital infrastructure, financial services, and tech-enabled services, the fund aligns with … Read the full press release

Major Road Expansion in Kenya Set to Boost Trade and Sustainability with Support from Team Europe

(IN BRIEF) The upgrade of the Kwa-Jomvu to Mariakani road in Kenya, backed by Team Europe, will transform a two-lane highway into a four and six-lane dual carriageway, improving road safety, reducing emissions, and enhancing regional trade. The €140 million … Read the full press release

EIB Partners with Africa Finance Corporation to Launch $750 Million Infrastructure Climate Resilient Fund for Africa’s Green Future

(IN BRIEF) The European Investment Bank (EIB) is joining forces with Africa Finance Corporation (AFC) to finance the $750 million Infrastructure Climate Resilient Fund (ICRF), a major step towards advancing climate adaptation and sustainable infrastructure across Africa. EIB’s contribution of … Read the full press release

EBRD Partners with Raiffeisen Bank to Support Digital Transformation of SMEs in Bosnia and Herzegovina

(IN BRIEF) The EBRD is lending €10 million to Raiffeisen Bank Bosnia and Herzegovina under the Go Digital in Western Balkans Programme, aimed at boosting SMEs’ competitiveness through digitalisation, sustainability, and green economy technologies. The programme is supported by EU … Read the full press release

BGFA’s Training Programme in Uganda Advances Skills, Gender Inclusion, and Off-Grid Energy Access

(IN BRIEF) The Beyond the Grid Fund for Africa (BGFA) has successfully completed its Job Creation and Skills Development sub-programme in Uganda, providing over 300 participants with training to enhance technical and business skills within the off-grid energy sector. This … Read the full press release

Societe Generale Appoints Lubomira Rochet as Executive Vice President of Retail Banking, Private Banking, and Chief Operating Office

(IN BRIEF) Lubomira Rochet has been appointed Executive Vice President of Societe Generale, overseeing Retail Banking, Private Banking, Insurance, and the Chief Operating Office. She will bring her extensive expertise in digital transformation and business leadership to drive growth and … Read the full press release

The AA and NatWest Boxed Partner to Launch Instant Savings and Personal Loan Products for UK Consumers

(IN BRIEF) The AA and NatWest Boxed have partnered to offer UK consumers instant savings accounts and personal loans. The collaboration will provide The AA’s members with easy access to financial services while allowing The AA to expand its offerings, … Read the full press release

Barclays UK Appoints Jatin Patel to Lead Mortgages, Savings, and Insurance Business

(IN BRIEF) Barclays UK has appointed Jatin Patel to lead its mortgages, savings, and insurance division. Jatin brings over 20 years of experience in retail financial services, having held leadership positions at organizations like TSB Bank and Lloyds. He succeeds … Read the full press release