(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
Posted in Banks, Business, Construction, Education, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged EIB, ENERGY, Finland, Kalle Ikkelä, partnership, School Complexes, sustainability, Thomas Östros, Tuusula Municipality
(IN BRIEF) The European Investment Bank (EIB) is lending €200 million to Romanian energy distributor Delgaz Grid to modernize the electricity network in Moldova’s northeastern region. This funding, part of a €630 million investment program, will enhance energy efficiency, support … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Romania, Technology
Tagged Delgaz Grid, EIB, Electricity Network Upgrades, Ioannis Tsakiris, partnership, Romania, sustainability, Volker Raffel
(IN BRIEF) The European Investment Bank (EIB) is partnering with five Croatian cities—Zagreb, Rijeka, Split, Osijek, and Varaždin—to address rising demand for social and affordable housing. Through an advisory agreement funded by the InvestEU Advisory Hub, the EIB will provide … Read the full press release
Posted in Banks, Business, Construction, Croatia, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Real Estate
Tagged affordable housing, Croatian Cities, EIB, Osijek, partnership, Rijeka, Split, sustainability, Teresa Czerwinska, Varaždin, Zagreb
(IN BRIEF) The leaders of 10 multilateral development banks (MDBs) welcomed the G20’s endorsement of a roadmap aimed at reforming MDBs to address global challenges, support the Sustainable Development Goals, and enhance climate action. Key achievements in 2023 include increasing … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged G20-Endorsed Roadmap EIB, Global Development Banks, Ilan Goldfajn, partnership, sustainability
(IN BRIEF) EIB Group President Nadia Calviño visited Bulgaria to discuss increased financing opportunities aimed at boosting economic growth, job creation, and the country’s green transition. In partnership with Bulgarian Deputy Prime Minister Lyudmila Petkova, the EIB Group plans to … Read the full press release
Posted in Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged Bulgaria, EIB Group, Lyudmila Petkova, Nadia Calviño, partnership, SMEs, sustainability
(IN BRIEF) The European Investment Fund (EIF) and Quotanda have partnered to improve access to student financing in Spain, Portugal, and Germany, mobilizing over €51 million through a €10.2 million capped guarantee backed by the InvestEU Skills and Education Portfolio … Read the full press release
Posted in Banks, Business, Economy, Education, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Portugal, Spain, Technology
Tagged EIF, Europe, Germany, Lino Pujol-Soliano, Marco Marrone, partnership, PORTUGAL, Quotanda, Spain, Student Financing, sustainability
(IN BRIEF) BBVA has proposed comprehensive measures to the Spanish competition authority (CNMC) to secure approval for its merger with Banco Sabadell. These commitments include maintaining branch access in underserved areas, ensuring continued SME lending and credit lines for 18 … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Small Business, Spain
Tagged Banco Sabadell, BBVA, Comprehensive Measures, financial inclusion, MERGER, Onur Genç, partnership, SME Support
(IN BRIEF) Openbank, Grupo Santander’s digital banking platform, has launched in Mexico, offering a fully digital experience with no fees or minimum balance requirements. Its flagship product is a savings account providing up to 12.5% annual returns. Customers can also … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Spain, Technology
Tagged Digital Banking Solutions, Matías Núñez, Mexico, Openbank, partnership, Petri Nikkila, Santander Bank, Savings Account, sustainability
(IN BRIEF) Aviva has launched a Shariah-compliant lifestyle investment strategy for workplace pension members, offering automated de-risking and a target drawdown glidepath to enhance retirement planning options. Developed in partnership with HSBC Asset Management, the strategy includes three funds—Global Equity … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Aviva, HSBC Asset Management, Lifestyle Investment, Olga de Tapia, partnership, Pension Options, Shariah, Umar Yaqoob
(IN BRIEF) The MFB Hungarian Development Bank has pledged €20 million to the 3SI Innovation Fund, which is led by the European Investment Fund (EIF). The fund, targeting growth-stage businesses in Central and Eastern Europe, aims to raise €180 million … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Hungary, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged EIF, Hungary, Innovation Fund, Marjut Falkstedt, MFB Hungarian Development Bank (MFB), partnership, sustainability
(IN BRIEF) In response to Ukraine’s ongoing recovery efforts, the European Investment Bank (EIB) has allocated €14.5 million in EU-backed funds to support the rehabilitation of municipal infrastructure in Dnipro and Mykolaiv. This funding will aid in the restoration of … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Ukraine
Tagged Borys Filatov, Dnipro, EIB, Municipal Infrastructure, Mykolaiv, Oleksandr Sienkevych, partnership, sustainability, Teresa Czerwinska, UKRAINE, Valdis Dombrovskis
(IN BRIEF) Prudential has launched the Prudential AI Lab in Singapore to accelerate the integration of AI technologies across its operations, aiming to enhance customer experience, streamline services, and promote innovation. The Lab will collaborate with government agencies, academic institutions, … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged AI Adoption, AI Lab, INNOVATION, Mr. Anil Wadhwani, Mrs. Josephine Teo, Ms. Gillian Tan, partnership, Prudential, Singapore
(IN BRIEF) The European Investment Bank (EIB) has provided an initial €100 million loan for the construction of the €1 billion Laakso Joint Hospital in Helsinki, which will integrate psychiatric, neurological, geriatric, and palliative care services for 1.7 million Uusimaa … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Finland, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Real Estate, Technology
Tagged EIB, Helsinki, Laakso Joint Hospital Project, Marko Virtanen, partnership, sustainability, Thomas Östros
(IN BRIEF) EIB Global and the European Commission have launched a €70 million financing package to support Armenian MSMEs. The package includes €58.5 million in loans to three financial institutions—Inecobank, ArmSwissBank, and Farm Credit Armenia—and an €11 million grant to … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Armen Gabrielyan, Armenia, Armswissbank, EIB Global, EU, Farm Credit Armenia, Gevorg Machanyan, Hayk Voskanyan, Inecobank, MSMEs, partnership, sustainability, Vassilis Maragos
(IN BRIEF) An EUR 84 million investment will fund the development of two photovoltaic solar plants with integrated battery energy storage systems (BESS) in Senegal’s Kolda region, providing clean energy to 235,000 people. Spearheaded by the Emerging Africa & Asia … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News
Tagged Africa, Battery Project, Benjamin Memmi, clean energy, Deutsche Investitions- und Entwicklungsgesellschaft (DEG), Emerging Africa & Asia Infrastructure Fund (EAAIF), FMO, Germany, Huib-Jan de Ruijter, Landmark Solar, Monika Beck, partnership, Senegal, sustainability, Tidiane Doucoure
(IN BRIEF) Amundi has acquired German fintech company aixigo for €149 million, integrating its modular, API-driven technology platform into Amundi Technology. This acquisition expands Amundi’s digital services for banks and wealth managers, aiming to enhance operational efficiency and personalized financial … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged acquisition, aixigo, Amundi, Benjamin Lucas, Christian Friedrich, Credit Agricole, digital, digital solutions, Germany, partnership, Valérie Baudson, wealth management
(IN BRIEF) EIB Global and Azerbaijan have signed a Memorandum of Understanding (MoU) to support the modernization and expansion of Baku’s metro system, aiming to improve urban mobility and reduce emissions. With technical assistance from EIB Global, Azerbaijan’s Ministry of … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged Azerbaijan, Baku, EIB, Gert Jan Koopman, Metro Rail, modernization, partnership, Rashad Nabiyev, sustainability, Teresa Czerwinska, urban transport
(IN BRIEF) The European Investment Bank Group (EIBG), European Commission, and Solar Impulse Foundation have partnered to launch an initiative supporting small and medium-sized enterprises (SMEs) in Europe with energy efficiency investments. By facilitating access to clean technologies through innovative … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged Ambroise Fayolle, Bertrand Piccard, Ditte Juul Jørgensen, EIBG, energy efficiency, European Commission, partnership, SMEs, Solar Impulse, sustainability
(IN BRIEF) The European Investment Bank (EIB) Group has invested €100 million in Europe’s first public solar asset-backed securitisation (ABS) led by German green tech company Enpal. This groundbreaking transaction, valued at €240 million, enables Enpal to refinance residential solar … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged clean energy, EIB Group, Enpal, Europe, Germany, investment, Nicola Beer, partnership, Solar ABS, sustainability, Viktor Wingert
(IN BRIEF) Flemish water utility De Watergroep has secured a €350 million loan from the European Investment Bank (EIB) to modernize Flanders’ drinking water infrastructure. The funding supports a comprehensive 2023-2038 plan aimed at reducing water leakage, expanding the network … Read the full press release
Posted in Banks, Belgium, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Belgium, De Watergroep, EIB, Flanders’ Drinking Water Network, Hans Goossens, modernization, partnership, Robert de Groot, sustainability
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