Category Archives: Banks

Banking Press Releases & News distributed via EuropaWire

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

German Businesses Amplify Climate Investments, but SMEs Face Challenges, Reports KfW Research

(IN BRIEF) German businesses increased climate-related investments to €85 billion in 2023, a 12.1% rise from 2022, driven primarily by large enterprises. While large firms invested €50 billion (a 19% inflation-adjusted growth), SME investments fell to €35 billion, down 10% … Read the full press release

ArcelorMittal Faces Regulatory Challenges in Advancing European Decarbonization Efforts

(IN BRIEF) ArcelorMittal has announced a delay in its investment decisions regarding hydrogen-ready steel production technologies, citing uncertainties in the regulatory and energy markets. While progress on green hydrogen remains slow, the company continues to pursue other avenues for reducing … Read the full press release

EIB approves €1 billion loan for Rebuilding Ischia’s Public and Private Infrastructure 1

(IN BRIEF) The European Investment Bank (EIB) has signed the first €150 million tranche of a €1 billion financing package to support the reconstruction of Ischia, which was heavily impacted by a 2017 earthquake and 2022 landslide. The funding will … Read the full press release

Global Development Banks Unite to Tackle Gender-Based Violence and Empower Women Worldwide

(IN BRIEF) On the International Day for the Elimination of Violence Against Women, ten major development banks, including the World Bank Group and the European Investment Bank, issued a joint statement reaffirming their commitment to combat gender-based violence (GBV). They … Read the full press release

EIB and EIF Collaborate with Inbank and European Commission’s InvestEU to Support Green Transition in Poland

(IN BRIEF) The European Investment Bank Group (EIBG), in collaboration with Inbank and the European Commission’s InvestEU, has launched its first fully green synthetic securitization in Poland. The agreement enables Inbank to provide PLN 701 million (over €160 million) in … Read the full press release

Aviva Secures £1.7 Billion Pensioner Buy-In for National Grid Electricity Group

(IN BRIEF) Aviva has completed a £1.7 billion pensioner buy-in with the National Grid Electricity Group, part of the Electricity Supply Pension Scheme, ensuring benefits for 5,800 pensioner members. Finalized in October 2024, the transaction included transitioning an existing longevity … Read the full press release

EBRD Supports Romanian Car Leasing Firm Autonom with €9 Million Sustainability-Linked Bond Investment

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested €9 million in a €30 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental firm. This marks a continuation of Autonom’s sustainability efforts, following its … Read the full press release

Santander’s Getnet Welcomes Juan Franco as New Global CEO to Drive Growth and Innovation

(IN BRIEF) Getnet, a leading merchant payments provider under Santander’s PagoNxt, has named Juan Franco as its new global CEO, succeeding Kush Saxena, who will transition to an advisory role on Getnet’s board. Franco, formerly Senior Vice President at Nuvei … Read the full press release

EIB Group Opens New Office in Cyprus, Strengthening Partnership for Sustainable Growth

(IN BRIEF) The European Investment Bank (EIB) Group has opened a new office in Nicosia, Cyprus, signaling its strengthened commitment to supporting the country’s sustainable development goals. During the inauguration, EIB President Nadia Calviño and Cypriot leaders discussed investment priorities, … Read the full press release

EBRD and ProCredit Bank Kosovo Join Forces to Advance Green Investments and SME Growth

(IN BRIEF) The EBRD is providing €13 million to ProCredit Bank Kosovo through two initiatives: €8 million under the SME Reboot Programme to help small and medium-sized enterprises (SMEs) invest in green technologies and €5 million through the Green Economy … Read the full press release

EBRD and Partners Commit €103 Million to Major Solar Project in Bulgaria

(IN BRIEF) The EBRD, in partnership with Raiffeisen Bank International, is providing €103 million to fund a 237 MWp solar photovoltaic plant in southeastern Bulgaria, developed by Tenevo Solar Technologies. The project will generate over 300 GWh of electricity annually, … Read the full press release

EBRD and EU Partner with Raiffeisen Bank Kosovo to Boost Green Investments for MSMEs

(IN BRIEF) The EBRD, in partnership with the EU and Raiffeisen Bank Kosovo (RBKO), has launched a €5 million SME Go Green programme to support sustainable investments by micro, small, and medium-sized enterprises (MSMEs) in Kosovo. The initiative focuses on … Read the full press release

Societe Generale Advances Sustainable Finance Goals with €500 Billion Commitment by 2030

(IN BRIEF) Societe Generale has set a new €500 billion sustainable finance target for 2024-2030, focusing 80% on environmental initiatives like renewable energy and 20% on social projects. Having achieved its earlier €300 billion target ahead of schedule, the bank … Read the full press release

Saxo Partners with novobanco to Enhance Digital Investment Opportunities in Portugal

(IN BRIEF) Saxo has partnered with novobanco to offer Portuguese investors access to its advanced digital trading platform, enhancing the investment experience with a broad range of tools and opportunities. This collaboration aligns with the growing demand in Portugal for … Read the full press release

SKF Secures €430 Million EIB Loan to Advance Green Technologies in Bearings and Seals

(IN BRIEF) SKF has secured a €430 million loan from the European Investment Bank (EIB) to advance research, development, and innovation in bearings, seals, and lubrication systems across six European countries. The funding supports green technologies in sectors like renewable … Read the full press release

EIF Backs Move Energy’s €150 Million Fund to Drive Decarbonization Across Key Sectors in Europe

(IN BRIEF) The European Investment Fund (EIF) has committed €35 million to Move Energy’s venture capital “Fund I,” which supports early-stage European ventures focused on decarbonizing power, transport, and buildings—sectors responsible for 55% of global CO₂ emissions. Backed by the … Read the full press release

EIB Provides €105 Million Loan to Tuusula Municipality for Energy-Efficient School Complexes

(IN BRIEF) The European Investment Bank (EIB) has provided a €105 million loan to the Municipality of Tuusula in Finland to construct energy-efficient school complexes for 3,500 students. The project, spanning three neighborhoods, aims to create modern educational spaces aligned … Read the full press release