Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

AkylAI Pioneers AI in Kyrgyz Language with Support from EBRD’s Star Venture Program

(IN BRIEF) AkylAI, the first artificial intelligence system fully compatible with the Kyrgyz language, is breaking new ground in the digital world by preserving and promoting the native tongue. With the help of the EBRD’s Star Venture program, the Kyrgyz … Read the full press release

EBRD Assists Croatia in Developing Strategic Framework for Capital Markets Expansion

(IN BRIEF) The EBRD is collaborating with Croatia’s Ministry of Finance to design a Strategic Framework for Capital Markets Development, aiming to strengthen the country’s financial sector. The framework, which includes five strategic directions, will guide Croatia’s capital market development … Read the full press release

Euronext Lisbon Awards Recognize Key Contributions to Portugal’s Capital Markets

(IN BRIEF) Euronext has announced the winners of the 14th edition of the Euronext Lisbon Awards, celebrating the outstanding achievements of issuers, financial intermediaries, institutions, and individuals in Portugal’s capital markets. The ceremony, held in Lisbon, showcased the country’s financial … Read the full press release

NIB Marks Historic Return to Icelandic Market with Successful 8.5 Billion ISK Green Bond Issuance

(IN BRIEF) The Nordic Investment Bank (NIB) has successfully launched a seven-year, 8.5 billion Icelandic krona inflation-linked Environmental Bond, marking its return to the Icelandic bond market after over 16 years. This milestone reinforces NIB’s commitment to diversifying its funding … Read the full press release

Prudential Joins Forces with MDRT in Strategic Three-Year Sponsorship to Empower Agents and Drive Agency Growth

(IN BRIEF) Prudential has announced a three-year premier sponsorship with the Million Dollar Round Table (MDRT) to support the professional growth of its agents. This collaboration will provide access to exclusive resources, bespoke development opportunities, and the launch of the … Read the full press release

EIB Group Boosts Sweden’s Green Transition with €1.9 Billion Financing in 2024

(IN BRIEF) In 2024, Sweden received approximately €1.9 billion in financing from the European Investment Bank (EIB) Group, with over 65% directed toward climate and sustainability initiatives. This funding supported key projects in renewable energy, infrastructure, and digitalization, including wind … Read the full press release

KfW Research: Germany Faces Challenges in Heat Pump Adoption Despite Growing Market Demand

(IN BRIEF) The adoption of heat pumps in Germany remains slower compared to other European countries, largely due to the significant electricity-to-gas price ratio. However, recent findings from KfW Research suggest that adjusting these prices could significantly boost the number … Read the full press release

EIB Group Contributes €2.2 Billion in Financing to Greece in 2024, Focusing on Energy, Business Growth, and Disaster Management

(IN BRIEF) In 2024, the European Investment Bank (EIB) Group provided €2.2 billion in financing to Greece, focusing on boosting energy resilience, supporting business growth, and enhancing disaster preparedness. Key projects included solar parks, grid upgrades, and disaster management infrastructure, … Read the full press release

Garanti BBVA Sets Ambitious Goals for 2025 While Navigating Economic Uncertainty

(IN BRIEF) Garanti BBVA’s CEO, Mahmut Akten, shared the bank’s strategic priorities and 2025 goals during a meeting with Turkish media, discussing the global and local economic landscape. Despite global uncertainties, Akten expressed confidence in Türkiye’s economic program and the … Read the full press release

NLB Group Expands Leasing Business with Acquisition of DoberaVto.si Online Platform

(IN BRIEF) NLB Car&Go, a subsidiary of NLB Lease&Go, has successfully acquired the online vehicle sales platform doberavto.si from AMZS d.o.o., marking a significant step in expanding NLB Group’s leasing operations. This acquisition, following necessary regulatory approvals, enhances NLB’s position … Read the full press release

Venture Capital Trends Shift as Climate Tech Faces Increased Competition and Cybersecurity, AI Gain Momentum

(IN BRIEF) The venture capital landscape is evolving as priorities shift, with climate technology losing some of its earlier momentum while sectors like cybersecurity, artificial intelligence, and defense see increased investment interest. Young businesses focused on these areas are expected … Read the full press release

Deutsche Bank Celebrates Record Success with Key Awards in APAC Debt Financing and Sustainable Finance

(IN BRIEF) Deutsche Bank has received significant recognition in the Asia Pacific region, including being named Asia’s High-Yield Bond House of the Year by IFR. The bank’s commitment to innovation and sustainable finance solutions was further demonstrated through 14 wins … Read the full press release

FTSE Russell Expands ESG Indices Globally with Launch of FTSE Blossom World Index Series

(IN BRIEF) FTSE Russell has unveiled the FTSE Blossom World Index Series, an extension of its successful FTSE Blossom Japan Index. Designed to meet growing investor demand, the new indices offer a global platform to assess companies based on their … Read the full press release

KfW IPEX-Bank Extends EUR 50 Million Loan to Kölner Verkehrs-Betriebe for Sustainable Public Transport Investments

(IN BRIEF) KfW IPEX-Bank has granted Kölner Verkehrs-Betriebe (KVB), a subsidiary of Stadtwerke Köln, a EUR 50 million loan to fund the transition towards more sustainable public transportation. The investment will support the acquisition of electric buses and the development … Read the full press release

BBVA Exceeds Gender Diversity Target with 35.4% Female Representation in Management

(IN BRIEF) BBVA has exceeded its 2024 goal of 35% female representation in managerial roles, achieving 35.4%. This accomplishment is the result of targeted initiatives like the ‘Yo soy talento femenino’ program, which has supported the promotion of 266 women … Read the full press release

Hong Kong’s Digital Asset Ecosystem Set to Grow with New Joint Venture for Stablecoin Issuance

(IN BRIEF) Standard Chartered Bank (Hong Kong), Animoca Brands, and HKT have launched a joint venture to apply for a license from the Hong Kong Monetary Authority to issue a Hong Kong dollar-backed stablecoin. This collaboration leverages SCBHK’s banking infrastructure, … Read the full press release

Barclays Appoints Vijay Shankar U.S. and Amaar Khan to Strengthen Corporate Bank in APAC & ME

(IN BRIEF) Barclays has appointed Vijay Shankar U.S. as Managing Director, Head of Global Transaction Banking, and Amaar Khan as Managing Director, CIO & Head of Corporate Banking Technology for its APAC and ME operations. Both will be based in … Read the full press release

EIF Launches €200M Green Private Credit Fund to Drive Sustainability and Support Women Entrepreneurs in Europe

(IN BRIEF) The European Investment Fund (EIF) has launched the Green Private Credit fund, aimed at advancing Europe’s green transition and decarbonizing small and medium-sized enterprises (SMEs). The fund, with a target size of EUR 200 million, will generate up … Read the full press release

EIB, EIF, and Santander Bank Polska Partner to Drive €5 Billion in Funding for Polish SMEs with Focus on Gender Equality

(IN BRIEF) The European Investment Bank (EIB), the European Investment Fund (EIF), and Santander Bank Polska have joined forces to launch a new synthetic securitisation agreement aimed at bolstering support for small and medium-sized enterprises (SMEs) in Poland, particularly those … Read the full press release