Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

EIB and Cunext Collaborate to Enhance Circular Economy with €30 Million Investment in Copper Recycling Plant

(IN BRIEF) The European Investment Bank (EIB) and Andalusian company Cunext have partnered on a €30 million loan to build a copper recycling plant in Córdoba, Spain, using advanced electrolysis technology. The facility will produce high-purity copper cathodes from recycled … Read the full press release

EIF Commits €15 Million to Merito Partners’ Fund to Boost SME Growth in the Baltic Region

(IN BRIEF) The European Investment Fund (EIF) has committed €15 million from the Baltic Innovation Fund II to Merito Partners’ ‘Merito Baltic Opportunities I AIF,’ marking its first institutional investment in the fund. Aiming to raise €100 million, the fund … Read the full press release

EIB and ČEZ Partner on €400 Million Loan to Enhance Czech Energy Infrastructure and Green Transition

(IN BRIEF) The European Investment Bank (EIB) is lending €400 million to Czech energy provider ČEZ to modernize and expand the country’s electricity distribution grid, enabling the integration of up to 5.5 gigawatts of renewable energy. The project, aligned with … Read the full press release

Intesa Sanpaolo Unveils 2030 Decarbonization Targets for Key High-Emission Sectors

(IN BRIEF) Intesa Sanpaolo has announced its 2030 decarbonization targets for four high-emission sectors: Residential Real Estate, Agribusiness-Primary Farming, Cement, and Aluminium, completing its commitment to the Net Zero Banking Alliance (NZBA). The new targets, which build on previous objectives … Read the full press release

Societe Generale Announces Senior Appointments in Finance Division, Appointing Robillard and Champarnaud to Key Roles

(IN BRIEF) Societe Generale has announced key appointments within its finance division, effective from 2 January 2025. Vincent Robillard will become Co-Head of Group Treasury and ALM, also assuming the role of Group Treasurer, succeeding Agathe Zinzindohoue, who is stepping … Read the full press release

EIB and Naturgy Partner to Advance Renewable Energy with €1 Billion Loan Agreement

(IN BRIEF) The European Investment Bank (EIB) and Naturgy have signed the first €400 million tranche of a €1 billion loan to expand renewable energy capacity in Spain. The funding will support the creation of new solar and onshore wind … Read the full press release

EIB Grants €400 Million to Boost SMEs, Sustainability, and Economic Growth in Czech Republic and Slovakia

(IN BRIEF) The European Investment Bank (EIB) has provided €400 million in loans to Komerční banka and SG Equipment Finance Czech Republic (SGEF) to support small and medium-sized enterprises (SMEs) and Mid-Cap companies in the Czech Republic and Slovakia. The … Read the full press release

EIB Supports University of Latvia with €25 Million Loan for Green Campus Development

(IN BRIEF) The European Investment Bank (EIB) has provided a €25 million loan to the University of Latvia to support the third phase of its campus development in Riga. This phase includes constructing the “House of Health,” featuring research and … Read the full press release

EIB Partners with Caixa Geral de Depósitos to Boost Strategic Investments in Portugal

(IN BRIEF) The European Investment Bank (EIB) has provided a €150 million guarantee to Caixa Geral de Depósitos (CGD) to enhance financing for mid-cap companies and public entities in Portugal, aiming to generate up to €420 million in new investments. … Read the full press release

EIB and InvestEU Back Nortegas with €80 Million to Boost Biomethane and Green Energy in Spain

(IN BRIEF) The European Investment Bank (EIB), with support from the InvestEU programme, has provided €80 million in financing to Nortegas Group for the development of biomethane plants and a digital operations centre in Spain. These projects aim to produce … Read the full press release

EU and EIB Launch €160 Million Green Investment Initiative to Boost Serbian SMEs and Jobs

(IN BRIEF) The European Union, in partnership with EIB Global, Banca Intesa, and Intesa Leasing, has unveiled a €160 million financial package to support Serbian small and medium-sized enterprises (SMEs) and mid-sized companies. This initiative will fund green projects, renewable … Read the full press release

Zeewolde Wind Farm Partners with Rabobank and Eneco to Deliver Community-Owned Battery Park

(IN BRIEF) Zeewolde wind farm has partnered with Rabobank and Eneco to advance the construction of a large-scale battery park with a 65 MWh capacity, set to be among the largest in the Netherlands. Rabobank will fund the project through … Read the full press release

European Investment Fund Backs Sistafund with €30 Million Investment to Champion Gender Diversity in Venture Capital

(IN BRIEF) The European Investment Fund (EIF) has committed €30 million to Sistafund, a venture capital initiative championing gender diversity in European startups. Targeting a total of €100 million, Sistafund invests in early-stage companies where women hold at least 30% … Read the full press release

Garanti BBVA and TÜRKONFED Empower SMEs with Twin Transformation Initiative

  (IN BRIEF) Garanti BBVA, in partnership with TÜRKONFED, has launched the New Horizons in Twin Transformation project to help SMEs in Türkiye adopt green and digital practices, enhancing their competitiveness and sustainability. The initiative includes workshops and panels across … Read the full press release

EIF and Banca Etica Unlock €200 Million for Ethical Investments in Italy and Spain

(IN BRIEF) The European Investment Fund (EIF) and Banca Etica have signed a €164 million guarantee agreement, supported by InvestEU, to unlock over €200 million in investments across Italy and Spain. This initiative will provide more than 1,000 social enterprises, … Read the full press release

EIB Group Opens Malta Office to Strengthen Local Partnerships and Drive Sustainable Investments

(IN BRIEF) The European Investment Bank (EIB) Group has deepened its ties with Malta by opening a new office in Valletta, enhancing collaboration with local businesses, government, and stakeholders. Announced by EIB Group President Nadia Calviño alongside Finance Minister Clyde … Read the full press release

EIB Group and Santander Partner on €183 Million Green Financing Boost for Energy Efficiency in Portugal

(IN BRIEF) The European Investment Bank Group (EIB Group), in partnership with Santander, has launched a €183 million initiative to boost energy efficiency investments in Portugal. The agreement includes €91.6 million in EIB Group support for Santander’s upper-mezzanine tranche, enabling … Read the full press release

EIB and Enel Partner on €500 Million Sustainability Loan to Strengthen Italy’s Energy Transition

(IN BRIEF) The European Investment Bank (EIB) and E-Distribuzione, part of the Enel Group, have signed the first €250 million installment of a €500 million sustainability-linked loan aimed at modernizing and strengthening Italy’s power grid. The agreement ties financing terms … Read the full press release

EIF Commits €40 Million to Norway’s HAVN Capital II to Accelerate Europe’s Low-Carbon Transition

(IN BRIEF) The European Investment Fund (EIF) has committed €40 million to HAVN Capital II, a Norway-based private equity fund targeting €250 million to invest in companies advancing renewable energy, electrification, and energy efficiency in Northern and Western Europe. The … Read the full press release

Barclays Expands in Asia with New Private Bank Booking Centre in Singapore

(IN BRIEF) Barclays is establishing a Private Bank booking centre in Singapore, reinforcing its commitment to Asia as a key wealth hub. The centre, set to launch by 2026, will allow ultra-high-net-worth (UHNW) clients and global family offices (GFOs) to … Read the full press release