(IN BRIEF) The European Investment Bank (EIB) has approved €15.6 billion in financing to support key projects across security, energy, climate resilience, and infrastructure. Highlights include €1 billion to support SMEs in security and defence supply chains, €6.8 billion for … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has provided an €80 million loan to the Port Authority of Bilbao to support the port’s expansion and integration of renewable energy infrastructure. The project will enhance capacity and efficiency at a key … Read the full press release
(IN BRIEF) The Lithuanian government and the European Investment Bank (EIB) have partnered in a €100 million initiative to renovate 700 multi-apartment buildings, mobilizing up to €625 million to improve energy efficiency. The project will reduce household energy bills, … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Latvia, Luxembourg, Management, News, Technology
Tagged apartment buildings, EIB, energy efficiency, Gintarė Skaistė, Lithuania, partnership, Simonas Gentvilas, sustainability, Thomas Östros
(IN BRIEF) Prologis, a global leader in logistics real estate, has secured a €225 million framework loan from the European Investment Bank (EIB) to install rooftop solar panels and battery storage systems at its facilities across Western and Central Europe. … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Real Estate
Tagged Christian Nickels-Teske, EIB, partnership, Prologis, renewable energy, Robert de Groot, Solar, storage systems, sustainability, USA
(IN BRIEF) The European Investment Bank (EIB) has granted a €50 million loan to the Zumtobel Group to advance its research and development of innovative lighting solutions, focusing on energy-efficient and connected technologies for smart buildings and cities. With a … Read the full press release
Posted in Austria, Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Austria, digitalization, EIB, Lighting Innovation, partnership, sustainability, Thomas Erath, Thomas Östros, Zumtobel
(IN BRIEF) The CESEE Bank Lending Survey by the European Investment Bank (EIB) reveals a recovery in credit demand and supply across Central Eastern and South-Eastern Europe, driven by increased consumer confidence and improved lending conditions, particularly for SMEs. Retail … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Luxembourg, Management, News, Retail, Small Business
Tagged banks, CESEE, Debora Revoltella, economy, EIB, Kyriacos Kakouris, retail, SMEs, ‘Credit conditions
(IN BRIEF) UniCredit Bank Austria is restructuring its cultural sponsorship strategy due to economic challenges, resulting in the closure of the Kunstforum. Losing Signa as a key sponsor and landlord, combined with the need for significant future investments, has made … Read the full press release
Posted in Austria, Banks, Financial, Management, Society
Tagged Albertina, André Heller, Austria, Bank Austria Social Award, cultural funding, cultural initiatives, cultural sponsorship, economic challenges, education programs, financial literacy, Kunstforum, MoneyMatters, SIGNA, social impact, social projects, Teach for Austria, UniCredit Bank Austria, UniCredit Bank Austria Park, Vienna, Vienna Philharmonic Orchestra Academy
(IN BRIEF) The European Investment Bank (EIB) has committed over €60 million in EU-backed funding to support critical infrastructure projects in Ukraine as part of its Ukraine Solidarity Urgent Response package. This includes €43.48 million to reconstruct the war-damaged M01 … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Transportation & Logistics, Ukraine
Tagged EIB, European Union, infrastructure, partership, Rebuild, sustainability, Teresa Czerwinska, UKRAINE, Valdis Dombrovskis
(IN BRIEF) The European Investment Bank (EIB) has appointed Damien Sorrell as the new Head of its Regional Hub for the Western Balkans, succeeding Alessandro Bragonzi. Based in Belgrade, the hub supports Albania, Bosnia and Herzegovina, Kosovo*, North Macedonia, Montenegro, … Read the full press release
(IN BRIEF) At the 2024 Africa Investment Forum in Rabat, Morocco, the European Investment Bank (EIB) announced major commitments to support sustainable development in Africa. Key initiatives include a $80 million investment in the Pembani Remgro Infrastructure Fund II, the … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Media, News, Society, Technology
Tagged Africa, Africa Investment Forum, Ambroise Fayolle, European Investment Bank, Inclusion, infrastructure, INNOVATION, partership, sustainability
(IN BRIEF) BBVA has been recognized as the best bank in Spain by The Banker for the second time, highlighting its achievements in innovation, digitization, and sustainability. The bank also earned global recognition for financial inclusion through the BBVA Microfinance … Read the full press release
Posted in Awards, Banks, Business, Financial, Spain
Tagged $20 billion in loans, 2050, AI advancements, BBVA, BBVA Microfinance Foundation, best bank in Spain, customer-focused innovations, Cybersecurity, digitization, financial inclusion, greener future, Inclusive Growth, inclusive services, INNOVATION, low-income entrepreneurs, net-zero emissions, renewable energy projects, streamlined processes, sustainability, The Banker
(IN BRIEF) Global insured losses from natural catastrophes in 2024 are projected to exceed USD 135 billion, marking the fifth consecutive year such losses have surpassed USD 100 billion, according to Swiss Re Institute. Hurricanes Helene and Milton caused nearly … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged Balz Grollimund, Financial, investment, Jerome Jean Haegeli, natural catastrophes, sustainability, Swiss Re
(IN BRIEF) The Austrian financial community has named “AI bubble” as the stock market taboo phrase of 2024, reflecting concerns over the rapid rise in valuations of companies linked to artificial intelligence (AI). While some warn that the high costs … Read the full press release
Posted in Artificial Intelligence (AI), Austria, Banks, Business, Economy, Financial, Industrial, International Trade, Investment, Management, News, Technology
Tagged "AI Bubble", Christoph Boschan, Financial, investment, Manuel Schleifer, Stock Market Taboo Phrase of 2024, Wiener Börse AG, Wolfgang Matejka
(IN BRIEF) Barclays’ Property Insights Report reveals an 8.2% year-on-year rise in rent and mortgage costs in November, driven by homeowners transitioning to higher interest rates. Energy efficiency improvements, such as insulation and solar panels, are a priority for a … Read the full press release
(IN BRIEF) Sampo plc has donated €50,000 to the Finnish Red Cross Disaster Relief Fund to support global humanitarian aid for those affected by natural disasters and conflicts. The fund provides essentials like food, water, shelter, and field hospitals, while … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Insurance, Investment, Management, News
Tagged donation, Finnish Red Cross Disaster Relief Fund, health, Johanna Tynkkynen, partnership, Red Cross, safety, Sampo, Sirpa Solehmainen, sustainability, well-being
(IN BRIEF) Saxo Bank has released its annual Outrageous Predictions for 2025, presenting a series of speculative scenarios that, while unlikely, could have dramatic effects on global markets if realized. Highlights include a hypothetical second Trump administration disrupting the US … Read the full press release
Posted in Banks, Business, Denmark, Economy, Financial, Industrial, International Trade, Investment, News, Technology
Tagged economy, Financial, investment, Outrageous Predictions for 2025, Saxo Bank
(IN BRIEF) The EBRD has appointed Miljan Zdrale as Regional Director for Central Europe and Head of Croatia, effective January 2025. With over 20 years of experience at the EBRD, including his current role as Regional Head of Agribusiness for … Read the full press release
Posted in Banks, Business, Croatia, Economy, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged appointment, central Europe, Charlotte Ruhe, EBRD, Head of Croatia, leadership, Mark Davis, Miljan Zdrale, Regional Director
(IN BRIEF) The EBRD has partnered with Zagrebačka banka (ZABA) to launch its first green uncapped portfolio guarantee under the EU’s InvestEU Programme. This €80 million guarantee aims to unlock €100 million in financing for green projects in Croatia, focusing … Read the full press release
Posted in Banks, Business, Croatia, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Charlotte Ruhe, CROATIA, Dalibor Ćubela, EBRD, Green Energy Projects, partnership, sustainability, Zagrebačka banka (ZABA)
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Swedbank Lithuania have partnered to provide €48.4 million in funding for the development of SIRIN PARK GARIŪNAI, a modern logistics park near Vilnius, Lithuania. The project, led by SIRIN … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, News, Real Estate, Transportation & Logistics, United Kingdom
Tagged EBRD, investment, Laurynas Kuzavas, Lithuania, logistics hub, Martynas Trimonis, partnership, SIRIN PARK GARIŪNAI, sustainability, Swedbank, Tomas Kairys
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has appointed Harry Boyd-Carpenter as Managing Director of its Sustainable Infrastructure Group (SIG), effective January 2025. Boyd-Carpenter, a seasoned EBRD leader, has been instrumental in advancing the Bank’s green agenda … Read the full press release
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