(IN BRIEF) Nadia Calviño, President of the European Investment Bank Group (EIB Group), embarked on a diplomatic mission in Portugal, engaging in crucial discussions aimed at bolstering strategic investments and partnerships in the country. Meeting with key figures including Minister … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Portugal, Small Business
Tagged Carlos Moedas, EIB, Joaquim Miranda Sarmento, Nadia Calviño, partnership, Pedro Reis, PORTUGAL, Rui Moreira, SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) has inked a €25 million loan agreement with the regional government of Castilla y León through the Institute for Business Competitiveness of Castilla y León (ICECyL), aiming to support small and medium-sized enterprises … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Spain
Tagged Castilla y León Government, EIB, partnership, SMEs, Spain, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has appointed Hüseyin Özhan as the acting Managing Director for Central Asia, succeeding Zsuzsanna Hargitai. Özhan, a Turkish national, will commence his role on June 1, 2024, continuing to be … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged appointment, Central Asia, EBRD, Hüseyin Özhan, leadership, Managing Director, Zsuzsanna Hargitai
(IN BRIEF) Unreasonable Impact, in collaboration with Barclays, has unveiled the latest cohort of ventures joining its Asia Pacific program, aimed at fostering sustainable solutions to pressing societal and environmental challenges. The 12 ventures selected span diverse sectors, from healthcare … Read the full press release
Posted in Banks, Business, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged 12 Ventures, Asia Pacific, Barclays, Craif, Daniel Epstein, Enpower Greentech, Fermenstation, GRST, Lars Aagaard, Magorium, NEPRA, partnership, Provectus Algae, Retykle, Roceso Technologies, Sandeep Patel, Sheru, sustainability, Umitron, Unreasonable Impact, WASSHA
(IN BRIEF) Salt Bank, Romania’s newest digital banking entrant, has swiftly launched less than a year since its inception, marking a significant milestone in the country’s financial landscape. Leveraging Engine by Starling’s core banking system, Salt Bank becomes the first … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Romania, Technology, United Kingdom
Tagged Carlton Hopper, Engine by Starling, Gabriela Nistor, GFT, Neobank, partnership, Romania, Salt Bank, Sam Everington, sustainability
(IN BRIEF) Academo Srl, formed by Lendlease and Equiter Infrastructure II fund, has secured €215 million in financing from the European Investment Bank (EIB) and Cassa Depositi e Prestiti (CDP), partially backed by InvestEU, for the construction of a groundbreaking … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Science, Technology
Tagged Academo, Alessandro Izzo, Carlo Lamari, Cassa Depositi e Prestiti (CDP), Elio Franzini, Francesco Mandruzzato, Milan EIB, Milano Innovation District (MIND), partnership, sustainability, University Campus
(IN BRIEF) At the 77th Cannes Film Festival, the European Investment Fund (EIF) and the European Commission announced agreements aimed at bolstering SMEs and small mid-caps in Europe’s cultural and creative sectors. These agreements, supported by the InvestEU programme, involve … Read the full press release
Posted in Art & Culture, Banks, Business, Economy, Environment, Financial, Finland, France, Germany, Government, Industrial, Investment, Luxembourg, Management, News
Tagged Alessandro Tappi, Creative Sectors, cultural, European Investment Fund, Finland, France, Germany, InvestEU Agreements, partnership, SMEs, sustainability, Thierry Breton
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Fund for Southeast Europe (EFSE) have joined forces to provide a financing package of up to US$ 10 million (€ 9.24 million) to AccessBank in Azerbaijan. This … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged AccessBank, Azerbaijan, Davit Tsiklauri, EBRD, EFSE, Financial, George Orlov, MSME, Oxana Binzaru, partnership, sustainability
(IN BRIEF) The European Investment Bank (EIB) has pledged €300 million to support Poland’s venture into space technology with the development and launch of two Earth observation satellites. These satellites, financed through a loan to Bank Gospodarstwa Krajowego (BGK), will … Read the full press release
Posted in Aviation & Aerospace, Banks, Business, Defence, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Security & Safety, Technology
Tagged Andrzej Domański, Bank Gospodarstwa Krajowego (BGK), Civil and Security, EIB, Marta Postuła, Nadia Calviño, partnership, Poland, Prime Minister Donald Tusk, Radosław Sikorski, satellite Program, sustainability, Teresa Czerwinska
(IN BRIEF) The President of the European Investment Bank (EIB) Group, Nadia Calviño, held discussions with Poland’s political leaders to strategize future financing and announce the initiation of Poland’s first satellite program. The €300 million project, supported by the EIB, … Read the full press release
Posted in Aviation & Aerospace, Banks, Business, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Technology
Tagged Andrzej Domański, Donald Tusk, EIB, investment, Nadia Calviño, partnership, Poland, Radosław Sikorski, Satellite Programme, sustainability
(IN BRIEF) Despite facing widespread cost pressures, the UK economy showcased resilience in April, with eight out of 14 sectors experiencing output growth and seven reporting increased demand, according to the latest Lloyds Bank UK Sector Tracker. While one sector … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Financial, investment, Lloyds Bank, Nikesh Sawjani, Scott Barton, sustainability, UK Sectors
(IN BRIEF) LBBW celebrates the 25th anniversary of its Mumbai representative office, which has been instrumental in supporting German companies entering the Indian market and facilitating local business activities. Mumbai’s strategic location and vibrant business environment have contributed to the … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Government, Industrial, Investment, Management, News
Tagged 25 Years, Germany, INDIA, Jens Rübbert, LBBW, LBBW Mumbai, partnership, Sandeep Babbar
(IN BRIEF) In a joint effort, the International Finance Corporation (IFC) and the Italian Climate Fund have announced a substantial investment of $210 million into Eni S.p.A.’s Kenya subsidiary to bolster the production and processing of advanced biofuels. This investment, … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Italy, Management, News
Tagged biofuel, Claudio Descalzi, Eni, expansion, Gilberto Pichetto, International Finance Corporation (IFC), Italian Climate Fund, Kenya, Makhtar Diop, partnership, sustainability
(IN BRIEF) AXA has disclosed its AXA Group Solvency and Financial Condition Report (Group SFCR) for the fiscal period ending December 31, 2023, adhering to the directives of Directive 2009/138/EC and Delegated Regulation (EU) 2015/35, collectively known as Solvency II … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Industrial, Insurance, Investment, Management, News
Tagged AXA, Financial, investment
(IN BRIEF) Saxo celebrates a significant achievement, surpassing DKK 800 billion in client assets, marking a remarkable milestone in its 25-year journey. While rooted in Danish currency, this achievement is a testament to Saxo’s global expansion and the trust it … Read the full press release
Posted in Banks, Business, Denmark, Economy, Financial, Industrial, Investment, Management, News
Tagged Financial, investment, Kim Fournais, Saxo Bank
(IN BRIEF) ABN AMRO’s French private bank branch, Neuflize OBC, has initiated exclusive negotiations with BNP Paribas Cardif to forge a strategic partnership in life insurance in France. This collaboration involves the sale of Neuflize Vie, a joint venture between … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Insurance, Investment, Management, Netherlands, News, United Kingdom
Tagged ABN Amro, BNP Paribas Cardif, Financial, France, insurance, investment, Neuflize OBC, partnership
(IN BRIEF) In a collaborative effort to promote climate-friendly housing initiatives in Germany, the European Investment Bank (EIB) and Deutsche Bank have forged an agreement. Valued at over €600 million, the program will provide discounted mortgages to individuals seeking to … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Achim Kuhn, Climate-Friendly Housing, Deutsche Bank, DSL Bank, EIB, EIF, Germany, Marjut Falkstedt, Nicola Beer, partnership, sustainability
(IN BRIEF) On the occasion of the International Day Against Homophobia, Transphobia, and Biphobia (IDAHOT), the European Investment Bank (EIB) Group underscores its dedication to fostering equality and justice for all individuals, particularly those from the LGBTIQ community. Embracing the … Read the full press release
(IN BRIEF) Telefónica’s investment arm, Íope Ventures, joins a funding round for Wenalyze, an open data analytics platform targeting the banking and insurance sectors. Led by Athos Capital, the investment round has already secured over €1 million, with participation from … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, Spain, Technology, Telecom
Tagged Augusto Pérez Arbizu, Carlos Albo, Financial, fintech, Insurtech Solutions, investment, Íope Ventures, partnership, Telefonica, Wenalyze
(IN BRIEF) The Nordic Investment Bank (NIB) has entered into an uncommitted credit facility of EUR 100 million with the Wellbeing Services County (WSC) of North Savo, Finland, marking their second loan agreement. This 20-year loan is designated for the … Read the full press release
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