(IN BRIEF) Adyen, a global financial technology platform, has announced its partnership with PayMe by HSBC in Hong Kong, enabling Adyen’s merchants to accept PayMe as a payment method for online purchases. PayMe, with over three million users and acceptance … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Internet & Online, Investment, Management, Netherlands, News, Technology
Tagged Adyen, Brad Jones, Financial, Hong Kong, HSBC, investment, Kai Tang, partnership, PayMe, Payment Options
(IN BRIEF) UBS Group AG has successfully completed its 2022 share repurchase program, repurchasing 298,537,950 shares via a separate trading line on the SIX Swiss Exchange, totaling CHF 5,009,665,264 (USD 5,244,697,247). A portion of the repurchased shares, approved by the … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Switzerland
Tagged 2022 Share Repurchase Program, Financial, investment, UBS Group AG
(IN BRIEF) Nordic Investment Bank (NIB) and Aalto University Foundation sign a EUR 45 million loan agreement for the construction and renovation of Aalto University campus buildings in Espoo, Finland. The funding supports projects aimed at enhancing higher education, research, … Read the full press release
Posted in Banks, Construction, Education, Financial, Finland, Industrial, Infrastructure & Utilities
Tagged Aalto University, Aalto University Foundation, Aalto-korkeakoulusäätiö sr, construction, Espoo, financing, Finland, K3, Kide, Kide buildings, loan, Marsio, NIB, Otaparkki, renovation
(IN BRIEF) Adyen collaborates with Riverty, a part of the Bertelsmann Group, to offer merchants in the DACH region a new 14-day invoice Buy Now, Pay Later (BNPL) payment method seamlessly integrated into Adyen’s fintech platform. This partnership aims to … Read the full press release
Posted in Banks, Business, Financial, Germany, Government, Industrial, Internet & Online, Investment, Management, Netherlands, News, Retail, Technology
Tagged 14-Day Invoice, Adyen, Bertelsmann Group, buy now, Hella Fuhrmann, Netherland, partnership, Pay Later Solution, Riverty, Walter Drieenhuizen
(IN BRIEF) BBVA Group reports significant achievements in its environmental sustainability efforts, with 96 percent of its power consumption sourced from renewable energy in 2023, surpassing its 70 percent target for 2025. The bank also managed to reduce its carbon … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain
Tagged BBVA, carbon footprint, partnership, renewable energy, sustainability
(IN BRIEF) Deutsche Bank has successfully raised 400 million Singapore Dollars (SGD) in senior non-preferred notes, marking its second venture into the SGD market. The funds will be used for general corporate purposes. Jonathan Blake, Deutsche Bank’s Head of Issuance … Read the full press release
Posted in Banks, Business, Financial, Germany, Investment
Tagged Asia Pacific, Deutsche Bank, Fiona Ip, Jonathan Blake, Oxley Holdings, Singapore, Singaporean Government
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) initiates a new risk-sharing framework with Privredna banka Zagreb d.d. (PBZ), offering up to €75 million in guarantees to share partner banks’ exposure to local enterprises in Croatia. PBZ, part … Read the full press release
Posted in Banks, Business, Croatia, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged businesses, CROATIA, Dinko Lucić, EBRD, Mark Davis, partnership, Privredna banka Zagreb d.d. (PBZ), SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) has agreed to extend a €600 million loan to the Republic of Poland, aiming to bolster the country’s economy through investments in digital and social development. EIB Vice-President Teresa Czerwińska highlighted the strategic … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland
Tagged Andrzej Domański, economy, European Investment Bank, partnership, Poland, sustainability, Teresa Czerwinska
(IN BRIEF) The Council of Europe Development Bank (CEB) has approved 11 new loans totaling €1.3 billion across various countries and sectors. These loans aim to address critical social issues such as microfinance, healthcare, education, and post-disaster reconstruction. Among the … Read the full press release
Posted in Banks, Bosnia and Herzegovina, Business, European Union, Financial, Finland, France, Germany, Iceland, Industrial, Investment, Management, News, Poland, Serbia, Slovakia, Small Business, Society, Spain, Türkiye, Ukraine
Tagged Bosnia and Herzegovina, Carlo Monticelli, CEB, Europe, Finland, France, Germany, Iceland, investments, partnership, Poland, SERBIA, Slovakia, Social Sector, Spain, Turkey, UKRAINE
(IN BRIEF) ABN AMRO has partnered with DGTL festival for its 2024 edition in Amsterdam, featuring the DGTL Dome interactive art installation. Initiated in collaboration with the Amsterdam Stedelijk Museum and DGTL, the DGTL Dome serves as a platform for … Read the full press release
Posted in Art & Culture, Banks, Business, Entertainment, Financial, Industrial, Investment, Management, Media, Netherlands, News
Tagged ABN Amro, Cultural Equality, DGTL Festival, Interactive Art Installation, partnership, sponsorship
(IN BRIEF) Nordea announces the update of its internal allocation framework at the onset of 2024, aimed at bolstering transparency, accountability, and decision-making efficacy in capital deployment and resource allocation. The revised framework aligns business area profitability metrics with the … Read the full press release
Posted in Banks, Business, Economy, Financial, Finland, Industrial, Investment, Management, News
Tagged decision-making, Financial, Internal Allocation Framework, investment, Nordea
(IN BRIEF) The Nordic Investment Bank (NIB) has inked a 10-year loan agreement with Svenska Cellulosa Aktiebolaget SCA (Publ) to co-finance the Fasikan Wind Farm in Jämtland county, northern Sweden. Valued at SEK 1 billion, this loan will bolster the … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Fasikan Wind Farm, Kim Krokfors, NIB, Northern Sweden, partnership, sustainability, Svenska Cellulosa Aktiebolaget SCA
(IN BRIEF) DPI, BII, and the EBRD have reached a binding agreement to fully exit their investment in KELIX bio, a pan-African biopharmaceutical platform, through its acquisition by Mubadala Investment Company. Founded in 2020, KELIX bio has rapidly grown to … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology, United Kingdom
Tagged acquisition, Africa, Alhadi Alwazir, British International Investment (BII), Development Partners International (DPI), EBRD, Essam Farouk, Frederic Lucenet, Hocine Sidi Said, KELIX bio, Mubadala, partnership, pharmaceuticals, Samir Abhyankar, Sofiane Lahmar, sustainability
(IN BRIEF) UniCredit, a prominent banking institution, is set to participate in the “WWF Earth Hour” initiative on March 23, 20.30 local time, for the 18th consecutive year. The bank will switch off lights in 33 of its buildings across … Read the full press release
Posted in Austria, Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, Media, News
Tagged Fiona Melrose, Robert Zadrazil, sustainability, UNICREDIT, WWF Earth Hour
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is supporting energy efficiency initiatives in Vilnius by investing €25 million in Šiaulių Bank’s energy efficiency fund. Managed by Šiaulių Bank, the fund aims to finance energy efficiency renovations in … Read the full press release
Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, News, Real Estate, United Kingdom
Tagged EBRD, ENERGY, Lithuania, partnership, residential, Šiaulių Bank, Sue Barrett, sustainability, Vilnius, Vytautas Sinius
(IN BRIEF) Nomagic, a leading developer of intelligent robotics for e-commerce and retail warehouses, has secured an €8 million loan from the European Investment Bank (EIB) to enhance its research and development (R&D) efforts. The loan, supported by the European … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Electronics & Machinery, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Retail, Technology
Tagged EIB, Marek Cygan, Nomagic, Nomagic React.AI, partnership, Poland, robotic automation solutions, Teresa Czerwinska
(IN BRIEF) The BBVA Foundation and Salt, in partnership with Garanti BBVA, are launching the Salt Artistic Research and Production Grant Program, aimed at Turkish artists exploring contemporary social issues through interdisciplinary approaches. This two-year initiative offers selected artists a … Read the full press release
Posted in Art & Culture, Banks, Business, Financial, Government, Industrial, Investment, Management, News, Spain, Türkiye
Tagged Ala Younis, BBVA Foundation, Elvira Dyangani Ose, Fatma Çolakoğlu, Juan Pujol, Manuel Segade, Miguel Zugaza, partnership, salt, Turkey, Turkish Artists, Vasıf Kortun
(IN BRIEF) UniCredit unveils its collaboration with Arena di Verona and Studiopepe at Milan Design Week 2024 with “Uni Sonos,” a groundbreaking installation celebrating women’s empowerment, diversity, and creativity. Featuring costumes from the 100th Arena di Verona Opera Festival, the … Read the full press release
Posted in Apparel, Fashion & Beauty, Banks, Business, Economy, Environment, Financial, Industrial, Investment, Italy, Management, Media, News, Society
Tagged "Uni Sonos", Andrea Orcel, Arena di Verona, Cecilia Gasdia, creativity, diversity, Milan Design Week 2024, partnership, Stefano Poda, Studiopepe, sustainability, UNICREDIT, women empowerment
(IN BRIEF) UniCredit has announced its partnership with the Fondazione Venezia Capitale Mondiale della Sostenibilità (Venice Sustainability Foundation), becoming a co-founding member. With a commitment to fostering sustainability in Venice and its metropolitan region, UniCredit aims to address the complex … Read the full press release
(IN BRIEF) ProCredit Group, predominantly active in South Eastern and Eastern Europe, unveils a robust financial performance for the year 2023, reporting a net profit of EUR 113.4 million with a return on equity (RoE) of 12.2%. Operating income surged … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged Financial, Hubert Spechtenhauser, investment, ProCredit Group, sustainability, sustainable growth
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