(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
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Technology
Tagged EIB, Gelsomina Vigliotti, Giovanni Legnini, Ischia, Italy, partnership, Public and Private Infrastructure 1, Rebuilding, sustainability
(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
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News, Society
Tagged Asian Development Bank, Asian Infrastructure Investment Bank, Caribbean Development Bank, Council of Europe Development Bank, EIB, Empower Women Worldwide, European Bank for Reconstruction and Development, European Investment Bank, gender-based violence, Global Development Banks, Inter-American Development Bank, International Day for the Elimination of Violence Against Women, Islamic Development Bank, New Development Bank, partnership, society, World Bank Group
(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
Posted in Banks, Business, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Technology
Tagged EIB, EIF, European Commission, green transition, Inbank, InvestEU, Katarzyna Smyk, Marjut Falkstedt, partnership, Poland, Priit Põldoja, sustainability, Teresa Czerwinska
(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
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Aviva, investment, National Grid Electricity, partnership, Pensioner Buy-In, Sean Rooney, Stephen Yandle, sustainability, Tom Scott, Zurich UK
(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
Posted in Automotive, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Romania, United Kingdom
Tagged Autonom, Car Leasing Firm, Dan Ștefan, EBRD, investment, partnership, Romania, sustainability, Victoria Zinchuk
(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
Posted in Banks, Business, Financial, Industrial, Internet & Online, Investment, Management, News, Spain, Technology
Tagged Ana Botín, appointment, Getnet, Global CEO, INNOVATION, Juan Franco, Kush Saxena, leadership, Santander
(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
Posted in Banks, Business, Cyprus, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Antonis Papageorgiou, Cyprus, EIB Group, Kyriacos Kakouris, Makis Keravnos, Nadia Calviño, office, partnership, sustainability
(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
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Small Business, United Kingdom
Tagged EBRD, investments, partnership, ProCredit Bank Kosovo, Sergiy Maslichenko, SME, sustainability, Visar Paçarada
(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
Posted in Banks, Bulgaria, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Bulgaria, EBRD, Grzegorz Zieliński, Kalina Pelovska, partnership, Raiffeisen Bank International, solar project, sustainability, Tenevo Solar Technologies
(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
Posted in Agriculture, Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Anita Kovacic, EBRD, EU, investments, MSMEs, partnership, Raiffeisen Bank Kosovo, Sergiy Maslichenko, sustainability
(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
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Management, News
Tagged Financial, partnerships, Slawomir Krupa, SOCIÉTÉ GÉNÉRALE, sustainability
(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
Posted in Banks, Business, Denmark, Economy, Financial, Government, Industrial, International Trade, Investment, Management, News, Portugal, Technology
Tagged Digital Investment, Elisabete Pinto Pereira, Henrik Alsøe, novobanco, partnership, PORTUGAL, Saxo Bank
(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
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged Bearings, EIB, Green Technologies, INNOVATION, partnership, Rickard Gustafson, Seals, SKF, sustainability, Sweden, Thomas Östros
(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
Posted in Banks, Berlin, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Insurance, Investment, Luxembourg, Management, Netherlands, News, Technology
Tagged decarbonization, EIF, EU, Lex Roukens, Marjut Falkstedt, Move Energy, Netherland, partnership, sustainability
(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
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