(IN BRIEF) Prudential has entered into a strategic partnership with Bank Syariah Indonesia (BSI), enabling the company to offer Syariah-compliant life insurance through BSI’s extensive network starting in 2025. This collaboration is seen as a key step for Prudential to … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Anil Wadhwani, ASEAN Market, Bank Syariah Indonesia, partnership, Prudential, Solmaz Altin, sustainability, Syariah Insurance
(IN BRIEF) The Nordic Investment Bank (NIB) has invested €10 million in a €250 million, 6-year Green MREL-eligible bond issued by Denmark’s Spar Nord Bank. This bond helps the bank meet EU regulatory requirements for loss absorption and capital recovery … Read the full press release
Posted in Banks, Business, Denmark, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Small Business
Tagged André Küüsvek, Denmark, investment, NIB, partnership, SME, Spar Nord Bank, sustainability
(IN BRIEF) German and Italian authorities, with the support of Eurojust and Europol, have successfully dismantled a large-scale fraud operation that targeted public institutions, cities, and municipalities. The suspects used phishing techniques to manipulate real invoices and divert payments meant … Read the full press release
Posted in Banks, Business, Financial, Germany, Government, Investment, Italy, Law, Management, Netherlands, News, Security & Safety
Tagged Eurojust, EUROPOL, Financial, FRAUD, Germany, Italy, Public Institutions, rship, SECURITY
(IN BRIEF) A new partnership between the European Investment Fund (EIF) and the Export and Investment Fund of Denmark (EIFO), backed by the EU’s InvestEU program, will provide DKK 300 million in loans to Danish businesses within the creative and … Read the full press release
Posted in Art & Culture, Banks, Belgium, Business, Denmark, Economy, Entertainment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News, Technology
Tagged creative, cultural, Denmark, EIF, EU, Export and Investment Fund of Denmark (EIFO), Marjut Falkstedt, partnership, Signe Thustrup Kreiner
(IN BRIEF) Deutsche Bank is enhancing its ocean protection policies as part of its continued commitment to the #BackBlue initiative, which it joined in 2023. The new guidelines, set to take effect in Q4 2024, focus on developing financial solutions … Read the full press release
Posted in Banks, Business, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged #BackBlue Initiative, Deutsche Bank, Markus Müller, Ocean Protection Policies, partnership, sustainability
(IN BRIEF) The EIB has granted €220 million to Nexi Group to support innovation in Europe’s digital payments sector. The funding will help drive the development of modernized payment solutions, job creation, and sustainability initiatives, reflecting Nexi’s commitment to ESG … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Internet & Online, Investment, Luxembourg, Management, News, Technology
Tagged Bernardo Mingrone, digital payment, EIB, Europe, Gelsomina Vigliotti, INNOVATION, Nexi Group, partnership, sustainability
(IN BRIEF) The European Investment Fund (EIF) has partnered with Arion Bank to provide up to €100 million in new lending to around 40 small and medium-sized enterprises (SMEs) and Small Mid-Caps in Iceland. Backed by the European Commission’s InvestEU … Read the full press release
(IN BRIEF) The Métropole Européenne de Lille has secured a €245 million green loan from the European Investment Bank (EIB) to modernize its urban transport system, alongside a €31.5 million grant from the European Commission. This joint financing will support … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged Damien Castelain, EIB, European Commission, France, Métropole Européenne de Lille, Mobility Initiative, partnership, sustainability, TRANSPORT
(IN BRIEF) BNP Paribas has signed an agreement to acquire HSBC’s private banking operations in Germany, aiming to enhance its wealth management services and increase its assets under management to over €40 billion. This strategic acquisition targets growth within the … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Germany, Government, Industrial, Investment, Management, News
Tagged acquisition, BNP Paribas, Germany, HSBC, Lutz Diederichs, partnership, Private Banking Division, Vincent Lecomte, wealth management
(IN BRIEF) At the Africa Venture Finance Programme hosted by Oxford University’s Saïd Business School, top African venture capital fund managers were recognized for their contributions to supporting start-ups across the continent. Awards were given to First Circle Capital, SpeedInvest, … Read the full press release
Posted in Awards, Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Africa, Ambroise Fayolle, Awards, EIB, leadership, Oxford University, partnership, SMEs, Start-up Ecosystem
(IN BRIEF) Lloyds Banking Group has become the first FTSE 100 company to implement Signly on its job search pages, a service providing British Sign Language (BSL) translations to enhance accessibility for d/Deaf users. This initiative reaffirms Lloyds’ commitment to … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Society, United Kingdom
Tagged accessibility, British Sign Language, diversity, equity, Inclusion, Job Search Pages, Lloyds Banking Group, partnership, Signly, Tim Scannell
(IN BRIEF) On September 23, 2024, UN Secretary-General António Guterres met with the heads of major Multilateral Development Banks (MDBs) to strengthen collaboration aimed at accelerating progress toward the 2030 Sustainable Development Goals (SDGs). The discussion centered on MDB reforms … Read the full press release
(IN BRIEF) Garanti BBVA has become the first Turkish bank to offer fully digital vehicle loans for individual customers, expanding a service previously available only to companies and self-employed clients. The entire loan application process, covering nearly 40 automobile brands, … Read the full press release
Posted in Automotive, Banks, Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Spain, Technology, Turkey
Tagged BBVA, Ceren Acer Kezik, Digital Vehicle Loans, Garanti BBVA, Türkiye
(IN BRIEF) The European Investment Bank (EIB) is providing €125 million in loans to the Cyprus University of Technology (CUT) to fund new student housing and upgrade academic, research, and sports facilities in Paphos and Limassol. The project, which will … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Campus Expansion, Cyprus University of Technology, EIB, housing, Kyriacos Kakouris, Panayiotis Zaphiris, partnership, Petros Christodoulou, Phedon Phedonos, sustainability
(IN BRIEF) The European Investment Bank (EIB) has granted a €350 million loan to Deutsche Glasfaser to expand fibre-optic broadband access to around 460,000 rural homes and businesses in Germany. This initiative, supported by the EU’s InvestEU programme, addresses the … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Luxembourg, Management, News, Technology
Tagged Andreas Pfisterer, Deutsche Glasfaser, EIB, Germany, high-speed Internet, Nicola Beer, Paolo Gentiloni, partnership, sustainability
(IN BRIEF) Multilateral development banks (MDBs) have reached a new milestone in climate finance, committing a record $125 billion in 2023. A significant portion, $74.7 billion, was allocated to low- and middle-income countries, primarily for climate mitigation and adaptation. High-income … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News
Tagged Ambroise Fayolle, climate finance, EIB, Multilateral Banks, partnership, sustainability
(IN BRIEF) At the 79th United Nations General Assembly, European Investment Bank (EIB) President Nadia Calviño will announce new initiatives focused on global health and climate finance. The EIB, in collaboration with partners like the Gates Foundation and WHO, will … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Healthcare, Industrial, Investment, Luxembourg, Management, Media, News
Tagged 79th United Nations General Assembly (UNGA), Ambroise Fayolle, Climate Initiatives, Dr. Tedros Ghebreyesus, European Investment Bank, Gabriel Boric, Gates Foundation, global health, Healthcare, Marina Silva, Mia Amor Mottley, Multilateral Development Banks (MDBs), Nadia Calviño, New York, partnership, sustainability, Thomas Östros, UN General Assembly, WHO
(IN BRIEF) Mayr-Melnhof Karton AG and Wienerberger AG will join the ATX Global Players index, replacing BAWAG Group AG after a turnover review. The ATX Global Players index consists of companies generating over 20% of revenue outside Europe, currently featuring … Read the full press release
Posted in Austria, Banks, Business, Economy, Financial, Industrial, Infrastructure & Utilities, International Trade, Investment, Management, News
Tagged ATX, AUSTRIACARD, Mayr-Melnhof, partnership, Wiener Börse, Wienerberger
(IN BRIEF) GT Talent Group, a sports entertainment company specializing in supercar driving experiences and motorsport talent shows, has successfully listed on Euronext Growth Milan. This marks the 16th listing on the Milan market and the 36th on Euronext this … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Infrastructure & Utilities, International Trade, Investment, Italy, Management, News
Tagged Euronext, GT Talent Group, IPO, Milan, Mimmo Saracino
(IN BRIEF) Adyen has been selected as the exclusive payments platform for Cinemark, a major U.S. movie theater chain with over 300 locations. This partnership will streamline payments across various channels, including Cinemark’s website, mobile app, box offices, kiosks, and … Read the full press release
Posted in Banks, Business, Entertainment, Financial, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, Netherlands, News, Technology
Tagged Adyen, Cinemark, Davi Strazza, Melissa Thomas, partnership, Payment, U.S. Theaters
(IN BRIEF) Commerzbank has partnered with Crypto Finance, a subsidiary of Deutsche Börse, to offer secure access to digital assets, specifically bitcoin and ether, for its corporate clients in Germany. Commerzbank will handle crypto asset custody, while Crypto Finance manages … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Switzerland, Technology
Tagged Commerzbank, Crypto Asset Services, Crypto Finance, Germany, Gernot Kleckner, partnership, SECURITY, Stijn Vander Straeten, sustainability, Switzerland
(IN BRIEF) Ukrainian companies are leading green innovation despite the challenges of war, with support from the EBRD, EU, and Greencubator through the Climate Innovation Vouchers programme. Pipes.one has developed a mobile factory that reduces emissions and costs by producing … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Technology, Ukraine, United Kingdom
Tagged EBRD, EU, Nick Oseyko, partnership, sustainability, UKRAINE, Ukrainian Innovators, Victoria Oseyko, war
(IN BRIEF) ING’s 2024 Climate Progress Update outlines the bank’s enhanced efforts to help clients transition to a low-carbon economy. The report highlights ING’s Terra approach, which focuses on guiding carbon-intensive sectors toward climate goals. ING assessed the sustainability disclosures … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Client Engagement, Climate Action, ING, Steven van Rijswijk, sustainability, sustainable financing
(IN BRIEF) Barclays has reduced interest rates on four of its Green Loans for Business to support UK agriculture and SMEs in their efforts to reduce emissions and enhance biodiversity. This move is part of Barclays’ commitment to financing the … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Adam White, agriculture, Barclays, biodiversity, net zero, partnership, SMEs, sustainability, UK farmers
(IN BRIEF) HSBC has successfully piloted quantum-secure technology to protect tokenised physical gold from future cyber threats posed by quantum computing. The bank partnered with Quantinuum to use post-quantum cryptography (PQC) and Quantum Origin technology, safeguarding HSBC’s gold tokens against … Read the full press release
(IN BRIEF) Deutsche Bank has appointed Raffael Gasser as the new Head of Wealth Management & Private Banking in Germany, starting November 1, 2024. Gasser, who brings extensive experience from UBS and Credit Suisse, will oversee services for affluent and … Read the full press release
(IN BRIEF) In response to the severe flooding in Austria, UniCredit Bank Austria has introduced an emergency aid package to support affected individuals and businesses. The package offers fast, unbureaucratic financing with up to €50,000 in overdraft facilities at a … Read the full press release
Posted in Austria, Banks, Business, Economy, Financial, Industrial, Investment, Management, News
Tagged Emergency Flood Aid Package, financial relief, Ivan Vlaho, UniCredit Bank Austria
(IN BRIEF) The European Investment Bank (EIB) is providing €100 million to SG Equipment Leasing Polska (SGEF Poland) to support Polish SMEs, with SGEF Poland expected to generate €200 million in total financing. At least 20% of the funds will … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Small Business
Tagged Climate Action, EIB, Olivier Rambert, partnership, Poland, SG Equipment Leasing Polska (SGEF Poland), SMEs, sustainability, Teresa Czerwinska
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has appointed Mark Davis as the new Managing Director for the Southern and Eastern Mediterranean (SEMED) region, starting October 1, 2024. Davis, who has 28 years of experience in international … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has approved €5.3 billion in new funding to enhance climate resilience, urban development, and business innovation across Europe and beyond. The investments include €3.5 billion for smart city projects and sustainable infrastructure, €1.4 … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged Bratislava, Business Growth, climate resilience, EIB, INDIA, Nadia Calviño, partnership, sustainability, Urban Innovation
(IN BRIEF) The European Investment Bank (EIB) and BNZ have signed a €166 million loan to support the construction of 17 new solar photovoltaic plants in Spain, Italy, and Portugal, as part of a larger €500 million initiative. These plants … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Portugal, Spain
Tagged BNZ, EIB, Francesco Cacciabue, Italy, Luis Selva, partnership, PORTUGAL, solar energy, Southern Europe, Spain, sustainability
(IN BRIEF) Å Energi has partnered with the Nordic Investment Bank (NIB) to secure a NOK 1 billion loan aimed at upgrading and expanding the electricity grid in Southern Norway’s Agder and Buskerud counties. The 10-year loan will finance 22 … Read the full press release
(IN BRIEF) SEB is restructuring its organization to align with its long-term strategic goals, effective January 1, 2025. The changes include consolidating wealth and asset management into a single division, creating a new Chief Operating Officer (COO) role, and renaming … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Sweden, Technology
Tagged appointment, INNOVATION, Johan Torgeby, Jonas Ahlström, leadership, SEB, William Paus
(IN BRIEF) ING has repurchased 3.28 million shares between September 9 and 13, 2024, as part of its €2.5 billion share buyback programme, at an average price of €16.20 per share, totaling €53.17 million. To date, ING has repurchased 134.31 … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Financial, ING, investment, Shares Buyback Program
(IN BRIEF) The European Union has announced two key investments to support Moldova’s development: a €200 million loan from the European Investment Bank (EIB) for forest expansion and a €12 million EU grant to upgrade the country’s railway infrastructure. The … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Moldova, News
Tagged EIB, EU, forestry, investment, Maia Sandu, MOLDOVA, partnership, railway infrastructure, sustainability, Teresa Czerwinska
(IN BRIEF) The European Investment Fund (EIF) has committed €30 million to Wind II, a venture capital fund targeting €130 million. Wind II focuses on early-stage tech startups across Europe developing innovative solutions for essential services and infrastructure industries to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Climate Tech Innovation, EIF, Europe, Marjut Falksteadt, partnership, sustainability, Thierry Vandewalle, Wind II, Xavier Gury
(IN BRIEF) Stark Future, a leading electric motorcycle company in Spain, has obtained a €40 million loan from the European Investment Bank (EIB) to boost its research, development, and production of electric motorbikes. Backed by the EU’s InvestEU program, the … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Spain, Technology, Transportation & Logistics
Tagged EIB, electric motorcycle, INNOVATION, partnership, Spain, Stark Future, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Natixis CIB are providing €97 million in financing to Libeccio S.r.l. for a new wind farm in Mazara del Vallo, Sicily. With a capacity of 44.8 MW, the wind farm will provide … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Alessandro Izzo, EIB, investment, Natixis CIB, partnership, renewable energy, Sicily, sustainability, wind farm
(IN BRIEF) Kaunas, Lithuania’s second-largest city, will modernize its district heating system using a €35 million loan from the European Investment Bank (EIB), supported by the European Commission’s InvestEU program. The project, led by utility company Kauno Energija, will upgrade … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Technology
Tagged EIB, heating system, Kaunas, Kauno Energija, Lithuania, partnership, renewable energy, sustainability, Thomas Östros, Tomas Garasimavičius
(IN BRIEF) Aegon has appointed Michele Bareggi as its new Chief Strategy, Transformation & Growth Officer, effective November 1, 2024. Bareggi, with over 25 years of experience in the financial services industry, previously led significant growth at Athora and held … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Insurance, Investment, Management, Netherlands, News
Tagged Aegon, appointment, Chief Strategy and Growth Officer, Duncan Russell, Lard Friese, leadership, Michele Bareggi
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
