Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

KfW Reports Modest Growth in Corporate Lending in Q3 2024, but Recovery Faces Challenges

(IN BRIEF) Corporate loans in Germany grew by 1.6% in the third quarter of 2024, marking the first increase in two years, driven primarily by falling interest rates. However, the recovery is expected to slow down due to the challenging … Read the full press release

EIB Vice-President Visits Trifyl’s Facility to Celebrate Success in Circular Economy and Green Transition

(IN BRIEF) EIB Vice-President Ambroise Fayolle visited Trifyl’s headquarters in southern France to tour its advanced waste sorting facility. The EIB’s €40 million loan helped Trifyl complete its Horizon 2030 project, enabling the recycling of 80% of household waste, reducing … Read the full press release

ESM and EIB Sign Memorandum of Understanding to Strengthen Partnership and Economic Resilience

(IN BRIEF) The European Stability Mechanism (ESM) and the European Investment Bank (EIB) have signed a Memorandum of Understanding to deepen their collaboration. The MoU outlines areas for future cooperation, including strategic dialogue, joint events, and staff exchanges. This agreement … Read the full press release

EIB Strengthens Partnership with Albania to Support Green Transition and EU Integration

(IN BRIEF) The European Investment Bank (EIB) has signed agreements with Albania to advance the country’s green transition and EU integration. This includes implementing the Greening Financial Systems programme, which will help Albania incorporate climate risks into its financial framework … Read the full press release

EIB Advises Greek Regions on Green Transition and Lignite Phase-Out with €2.75 Million Fund

(IN BRIEF) The European Investment Bank (EIB) will provide advisory support to five Greek regions to facilitate their transition from lignite-based energy production to sustainable, renewable energy sources. Through a €2.75 million technical assistance fund, the EIB aims to promote … Read the full press release

Las acusaciones de fraude contra Ricardo Salinas no son nuevas: una perspectiva histórica sobre los problemas legales del multimillonario

ASTOR ASSET MANAGEMENT 3 LTD DESTACA LAS PREOCUPACIONES CONTINUAS EN TORNO AL PRESIDENTE DE GRUPO ELEKTRA (NOTICIA EN BREVE) Astor Asset Management 3 Ltd desea llamar la atención sobre los desafíos legales persistentes y las acusaciones recurrentes de actividades poco … Read the full press release

CNP Assurances Receives Prestigious MSCI ESG AAA Rating for Sustainability Efforts

(IN BRIEF) CNP Assurances has been upgraded to an MSCI ESG AAA rating, securing a 9.7/10 score and ranking 5th globally in the “Life and Health Insurance” category. The company’s commitment to sustainability is central to its operations, with a … Read the full press release

Banco Santander and Coursera Offer 10,000 Scholarships for Global Professional Development

(IN BRIEF) Banco Santander has partnered with Coursera to offer 10,000 scholarships for access to Coursera’s platform, providing one-year free access to over 13,000 courses and professional certifications across 13 countries. The scholarships cover a wide range of fields, including … Read the full press release

Naked Receives USD 4 Million Investment from DEG to Expand South Africa’s Digital Insurance Landscape

(IN BRIEF) Naked, South Africa’s fully digital insurance platform, has secured a USD 4 million equity investment from DEG to further its growth by enhancing automation, expanding its product offerings, and attracting more customers through targeted advertising. This is part … Read the full press release

Emerging Markets Climate Action Fund Secures €450 Million, Paving the Way for Major Climate Investments in Developing Countries

(IN BRIEF) The Emerging Markets Climate Action Fund (EMCAF), a partnership between the European Investment Bank (EIB) and Allianz Global Investors, has reached a closing total of €450 million with the final €20 million contribution from Germany’s Kreditanstalt für Wiederaufbau … Read the full press release

Survey Reveals Psychological Barriers Preventing Young Women in the Netherlands from Continuing Sports

(IN BRIEF) A recent survey by ABN AMRO and Ajax reveals that nearly half of young women in the Netherlands have considered quitting sports, with psychological factors like insecurity and lack of enjoyment being key reasons. The survey emphasizes the … Read the full press release

EIB and Banco Desio Launch €400 Million Financing Initiative to Support Innovation in Italian Businesses

(IN BRIEF) In Milan, the European Investment Bank (EIB) and Banco Desio signed the first €60 million tranche of a €200 million credit line designed to boost €400 million in investment for Italian SMEs and mid-cap businesses. The initiative aims … Read the full press release

TIMETOACT GROUP Expands Cloud Transformation Expertise with Acquisition of beBOLD Consulting

(IN BRIEF) TIMETOACT GROUP has acquired beBOLD, a consulting firm specializing in cloud transformation and digital innovation, marking another step in its strategy to expand its capabilities in cloud consulting. The acquisition strengthens TIMETOACT GROUP’s position in providing end-to-end cloud … Read the full press release

MAPFRE Strengthens Presence in Asset Management Sector with Appointment of Alberto Matellán as General Manager of La Financière Responsable

(IN BRIEF) MAPFRE has appointed Alberto Matellán as the general manager of La Financière Responsable (LFR), a move that aligns with its strategy to enhance its asset management footprint. The appointment will help implement LFR’s new Strategic Plan, which focuses … Read the full press release

EIF Backs Vesper Infrastructure’s Latest Fund Close, Boosting Sustainable Infrastructure Investments Across Europe

(IN BRIEF) The European Investment Fund (EIF) has committed €75 million to Vesper Next Generation Infrastructure Fund I, bringing total assets to over €570 million. The Fund focuses on promoting clean energy, decarbonised mobility, and sustainable living solutions across Europe. … Read the full press release

EIF and MicroBank Secure €450 Million Guarantee Agreement to Support Spain’s Entrepreneurs and Social Enterprises

(IN BRIEF) The European Investment Fund (EIF) and MicroBank have signed a €450 million guarantee agreement to mobilise €750 million in financing for entrepreneurs, micro-enterprises, and social enterprises across Spain. This initiative, backed by InvestEU, aims to address the financing … Read the full press release

EIB Grants SEK €225 million Loan to Malmö for Sustainable Housing Project

(IN BRIEF) The European Investment Bank (EIB) has granted a SEK 2.6 billion loan to the City of Malmö to finance the construction of over 1,500 energy-efficient apartments. This loan furthers the city’s commitment to sustainability and meets EU climate … Read the full press release

DFCC Bank Achieves Historic Dual Listing of Green Bond on Luxembourg Stock Exchange

(IN BRIEF) DFCC Bank has achieved a historic milestone with the dual listing of its Green Bond on the Luxembourg Stock Exchange (LuxSE) and its display on the Luxembourg Green Exchange (LGX). This follows the bond’s initial listing on the … Read the full press release

Schroders Solutions Secures £170 Million Fiduciary Management Mandate with RNIB Retirement Benefits Scheme

(IN BRIEF) Schroders Solutions has been awarded a £170 million Fiduciary Management mandate by the Royal National Institute of Blind People’s (RNIB) Retirement Benefits Scheme after a competitive tender. The bespoke solution integrates ESG factors, including the exclusion of tobacco … Read the full press release

KfW Analysis: Term ‘Start-Up’ Becoming Broadly Applied in Germany, Extending Beyond Traditional Definitions

(IN BRIEF) In Germany, a significant portion of business founders, including freelancers and sole traders, describe their ventures as start-ups, a term that has become increasingly broad in its usage. While traditional definitions of a start-up, such as those outlined … Read the full press release