Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

Economic climate takes toll: almost a third in Europe do not have any savings, ING survey shows

30% of Europeans do not have any savings and 47% could not pay three months of expenses if they lost their job Only 34% in the survey of 14,000 in Europe added to their savings pot in the last year … Read the full press release

ECB extends an EU-funded assistance programme with the National Bank of Serbia

31-1-2013 — /europawire.eu/ — Today, the European Central Bank (ECB), together with national central banks of the European System of Central Banks (ESCB) and the European Commission, decided to extend the two-year central bank cooperation programme with the National Bank of … Read the full press release

RBS: A puzzle inside a riddle – Economics weekly

31-1-2013 — /europawire.eu/ — The UK’s “productivity puzzle” isn’t getting any easier to solve. GDP fell in the final three months of 2012 but employment continued to rise, which will have led to another decline in output per worker. Given that … Read the full press release

Autoclenz shines with £4m MBO support from RBS

31-1-2013 — /europawire.eu/ — Swadlincote-based outsourced car valeting provider Autoclenz Holdings Plc has undergone a successful £4m Management Buy-Out (MBO) with funding support from the Royal Bank of Scotland (RBS). Through the MBO, Autoclenz Ltd, and its subsidiary Autoclenz Services … Read the full press release

Barclays supports PACT with £5m facility to help set up new secondary school

30-1-2013 — /europawire.eu/ — Barclays has provided PACT Educational Trust, the charity behind Clapham-based Oliver House Preparatory School and Oakwood School in Surrey, with a £1.6m loan to support the acquisition of a new site for its long-awaited boys’ secondary school … Read the full press release

Results of the January 2013 euro area bank lending survey

30-1-2013 — /europawire.eu/ — The European Central Bank (ECB) is publishing today its report on the results of the January 2013 euro area bank lending survey. The bank lending survey, which is conducted four times a year, usually at the beginning … Read the full press release

Women’s rugby club scores help from RBS

30-1-2013 — /europawire.eu/ — East London’s newest women’s rugby club has received financial sponsorship from The Royal Bank of Scotland as it looks to capitalise on increased interest in the sport from the local community. The club, East London Women’s Rugby … Read the full press release

Banque Populaire lance une nouvelle formule de « Synthèses », son magazine référence sur la Gestion privée

30-1-2013 — /europawire.eu/ — Aujourd’hui Banque Populaire dévoile une formule revisitée de « Synthèses », son magazine trimestriel d’information sur l’actualité patrimoniale, financière et économique. La nouvelle version de « Synthèses », à travers une nouvelle ligne graphique et un traitement éditorial complet confirme … Read the full press release

BPCE: le speed meeting au service de la mixité professionnelle

Paris, 30-1-2013 — /europawire.eu/ — Dans le cadre de sa politique Mixité, le Groupe BPCE a lancé le 17 janvier sa première session de speed meeting. Des collaboratrices issues des différentes entreprises du groupe ont rencontré les dirigeants des Caisses d’Epargne, des Banques … Read the full press release

Dexia Crédit Local – Execution of the definitive funding guarantee agreement by the Belgian, French and Luxembourg States

29-1-2013 — /europawire.eu/ — The French, Belgian and Luxembourg States have entered into a several but not joint definitive funding guarantee agreement in favour of Dexia Crédit Local (main issuer and main operating entity of the group). As was the case … Read the full press release

Establishing the Single Supervisory Mechanism

Speech by Vítor Constâncio, Vice-President of the ECB, at the BAFT-IFSA 2013 Europe Bank-to-Bank Forum 29 January 2013 29-1-2013 — /europawire.eu/ — Ladies and gentlemen, It is a great pleasure to be here today at this event organised by the BAFT-IFSA (Bankers’ Association for … Read the full press release

EDHEC-Risk Institute Puts Forward a Series of Proposals to Limit Non-Financial Risks in the European Fund Management Industry

Paris, 29-1-2013 — /europawire.eu/ — In a summary document that concludes three years of research on better management of non-financial risks within the European fund management industry – conducted with the support of CACEIS – EDHEC-Risk Institute is putting forward a series … Read the full press release

Valuation of SAS Rue la Boétie shares in the consolidated financial statements of the Crédit Agricole Regional Banks

Montrouge, 29-1-2013 — /europawire.eu/ — Crédit Agricole S.A. announces that the Crédit Agricole Regional Banks have just changed the method they use to value their shares in SAS Rue La Boétie (SAS RLB) – the majority shareholder in Crédit Agricole S.A. – … Read the full press release

LLOYDS BANKING GROUP INCREASES FINANCIAL SUPPORT FOR SCOTTISH CHARITIES

28-1-2013 — /europawire.eu/ — Lloyds Banking Group is to commit a further £1 million to the Bank of Scotland Foundation, doubling the money available to help support charities across Scotland. The charitable foundation, which was set up two years ago, already … Read the full press release

Crédit Agricole S.A. launches the sale of 5.2% of Bankinter’s share capital

Paris, 28-1-2013 — /europawire.eu/ — Crédit Agricole S.A., which currently holds 85,146,775 shares amounting to approximately 15.1% of Bankinter’s share capital, has launched the process to sell a portion of this stake. The sale offer relates to 29,300,000 shares, representing approximately 5.2% of … Read the full press release

EIB and Bankinter sign SME and midcap financing agreement

28-1-2013 — /europawire.eu/ — The European Investment Bank (EIB) has signed a EUR 200 million agreement with Bankinter to finance the investment projects – especially innovation projects – of SME and midcap companies (with up to 3 000 employees) in the industrial … Read the full press release

Liquidity Bubble a Risk as Economy Improves

Central banks will need to remove liquidity from the system as economic conditions improve 2013 will be a transition year in which spending will increase Productivity will replace liquidity as the primary focus for growth The theme of the 43rd … Read the full press release

EIB continues to support smaller projects in Croatia with EUR 250 million

The European Investment Bank (EIB) is lending EUR 250 million to the Croatian Bank for Reconstruction and Development (HBOR – Hrvatska banka za obnovu i razvitak) to finance smaller projects promoted by small and medium-sized enterprises (SMEs), mid-cap companies and … Read the full press release

EIB teams up with Europa Nostra to save Europe’s Cultural Heritage

25-1-2013 — /europawire.eu/ — Europe’s leading heritage organisation Europa Nostra has launched today its new flagship programme ‘The 7 Most Endangered’ with the European Investment Bank Group, represented by the EIB Institute, as its founding partner. This programme will identify endangered monuments and sites in Europe … Read the full press release

XAnge et l’IRD entrent au capital de Intent Technologies

Paris, 25-1-2013 — /europawire.eu/ — XAnge Private Equity et IRD annoncent leur entrée au capital de la société Intent Technologies, fournisseur d’une infrastructure de services numériques pour objets connectés dans l’habitat et le bâtiment intelligent pour un montant total de 1 … Read the full press release