(IN BRIEF) The European Investment Bank (EIB) has granted €150 million to Acqua Novara.VCO to help fund a €300 million investment plan for the modernization of water and wastewater services in the Italian provinces of Novara and Verbano-Cusio-Ossola. The project, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, Marketing, News, Technology
Tagged Acqua Novara.VCO, climate change, EIB, green loan, InvestEU, Italy, Novara, partnership, public health, SACE, sustainability, Verbano-Cusio-Ossola, wastewater treatment, water infrastructure, water network upgrades, water resilience, Water Sector
(IN BRIEF) Visa has teamed up with Klarna to launch the Klarna Card, a flexible debit product that allows consumers to pay immediately or later at over 150 million Visa-accepting merchants worldwide. The card features Visa’s Flexible Credential, offering users … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Internet & Online, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged debit product, digital-first consumers, Europe, everyday banking, FDIC-insured wallet, flexible payment options, Klarna, Klarna Card, Klarna payments network, Neobank, partnership, Pay in 4, pay later, smart payments, U.S., VISA, Visa Flexible Credential, WebBank
(IN BRIEF) The European Investment Bank (EIB) has signed a €20 million financing deal with Leyden Laboratories to support the development of its innovative pan-influenza nasal spray, which aims to protect against seasonal and pandemic viral infections. The funding, guaranteed … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Healthcare, Industrial, Investment, Luxembourg, Management, Marketing, Netherlands, News, Pharma & Biotech, Science, Technology
Tagged antiviral protection, avian flu, biodefense, EU4Health, European Commission, European health defense, European Investment Bank, Hadja Lahbib, HERA Invest, influenza, InvestEU, Koenraad Wiedhaup, Leyden Labs, nasal spray, non-vaccine approach, Pandemic Preparedness, partnership, respiratory viruses, Robert de Groot, sustainability
(IN BRIEF) The European Commission and the European Investment Bank have renewed the Project Development Assistance (PDA) agreement under the Innovation Fund, providing expanded technical and financial support for innovative decarbonisation projects. The renewed agreement increases the PDA’s budget from … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Marketing, News, Technology
Tagged Christoph Kuhn, Clean Industrial Deal, clean technologies, climate neutrality, Commissioner Hoekstra, decarbonisation, EU ETS, EU projects, European Investment Bank, Innovation Fund, Innovation Fund grants, low-carbon mobility, net-zero technologies, partnership, Project Development Assistance, sustainability
(IN BRIEF) Germany’s entrepreneurial landscape in 2024 saw a notable shift toward younger business founders, with the average age of new entrepreneurs dropping to 34.4 years. A 3 percent rise in new business registrations marked a slight recovery, largely driven … Read the full press release
Posted in Banks, Business, Economy, Education, Financial, Germany, Industrial, Investment, Management, Marketing, News, Technology
Tagged business founders, capital investment, digitalization, entrepreneurial education, Entrepreneurship Monitor, female entrepreneurs, full-time entrepreneurs, Germany, job creation, KfW, part-time businesses, self-employment, silver entrepreneurs, start-up activity, young entrepreneurs
(IN BRIEF) Citadele Bank, with EIF support, has launched a €138 million loan programme aimed at SMEs and microbusinesses in Estonia, Latvia, and Lithuania. The initiative, backed by the European Commission’s InvestEU programme, will offer loans with low interest rates, … Read the full press release
Posted in Banks, Business, Economy, Estonia, Financial, Government, Industrial, Investment, Latvia, Lithuania, Luxembourg, Management, Marketing, News, Small Business, Technology
Tagged advisory services, Baltic businesses, Citadele bank, economic growth, EIF, Estonia, European collaboration, European Investment Fund, InvestEU, job creation, Latvia, Lithuania, microbusiness financing, partnership, Small Business Support, SME loans
(IN BRIEF) Standard Chartered has appointed Yusuf Demiral as the Global Head of Wealth & Retail Banking (WRB) Data, Analytics & AI, a newly created position aimed at enhancing the client journey through data and AI. With over 25 years … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Industrial, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged Analytics & AI, appointment, banking experience, client experience, client journey, CRM, data, Digital-First, Hong Kong, HSBC, INNOVATION, leadership, Samir Subberwal, Standard Chartered, Wealth & Retail Banking, Yusuf Demiral
(IN BRIEF) Germany’s small and medium-sized enterprises (SMEs) have significantly reduced their international business activities, with the number of businesses operating abroad falling from 880,000 in 2022 to around 763,000 in 2023. Despite this, businesses that continued to operate internationally … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Industrial, International Trade, Investment, Management, Marketing, News, Small Business, Technology
Tagged Brexit, economic challenges, EU exports, export decline, foreign markets, foreign turnover, geopolitical tensions, German economy, international trade, Internationalisation Report, KfW, Russia market, small businesses, SMEs, US protectionism, US tariffs
(IN BRIEF) Kentaro Koyama, Chief Economist for Japan at Deutsche Securities, has been awarded the 2024 Forecast Accuracy Award for Japan by Consensus Economics. His predictions for Japan’s real GDP growth and inflation were recognized for their exceptional accuracy over … Read the full press release
Posted in Awards, Banks, Economy, Financial, Germany, Investment, Management
Tagged award recognition, Bank of Japan, Consensus Economics, Deutsche Bank Group Japan, Deutsche Securities, economic predictions, economic research, Forecast Accuracy Award, global economists, inflation forecasting, Japan economy, Kentaro Koyama, macroeconomic insights, real GDP growth
(IN BRIEF) Metriks AI has successfully listed on Euronext Growth Milan, marking the 11th listing on the exchange for 2025. The AI-focused company raised €4.2 million in its placement phase and aims to expand its integrated digital solutions for SMEs … Read the full press release
Posted in Artificial Intelligence (AI), Business, Economy, Financial, Industrial, Investment, Italy, Management, Marketing, News, Technology
Tagged AI, Data Intelligence, digital solutions, ESG consulting, Euronext, Euronext Growth Milan, financial consulting, GROWTH, INNOVATION, Italian SMEs, listing, Metriks AI, placement phase, SMEs, Tiziano Cetarini, €4.2 million
(IN BRIEF) Garanti BBVA’s latest mobile app update introduces GarantiPay and NFC contactless payment features, allowing customers to make card-free payments in stores and online. This update enhances the bank’s commitment to innovation and convenience by enabling Android users to … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Internet & Online, Investment, Management, Marketing, News, Technology, Turkey
Tagged Android, Ceren Acer Kezik, credit cards, customer experience, debit cards, digital payments, digital solutions, financial innovation, Garanti BBVA, GarantiPay, mobile app, mobile app update, NFC contactless payment, seamless payments, TR QR code, virtual cards
(IN BRIEF) The European Investment Bank (EIB) has provided a €30 million loan to Teknia, a Spanish automotive component manufacturer, to support its research and development efforts in sustainable manufacturing technologies across Europe. The loan will help Teknia reduce CO2 … Read the full press release
Posted in Automotive, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Marketing, News, Spain, Technology
Tagged Antonio Lorenzo, automotive components, Automotive Sector, CO2 emissions, Cohesion Regions, digitalization, EIB Corporate Lending Division, electrification, European Investment Bank, INNOVATION, InvestEU, partnership, R&D, regional development, Strategic Priorities, sustainability, sustainable manufacturing, Teknia, Teknia CEO Javier Quesada de Luis, €30 million loan
(IN BRIEF) The Royal Bank of Canada (RBC) has joined LCH CDSClear as its first Canadian clearing member, gaining access to the platform’s broad range of credit derivative products. This move enhances RBC’s risk management capabilities while enabling the bank … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged CDS clearing, CDX™, client clearing services, credit default swaps, credit derivatives, emerging markets, iTraxx®, LCH CDSClear, liquidity, margin efficiency, market maker, partnership, product expansion, RBC, risk management, Royal Bank of Canada
(IN BRIEF) The European Investment Bank has provided a €90 million loan to Bordeaux Métropole Énergies to support its 2024-2028 strategic plan, focusing on renewable energy projects and energy-efficient building renovations. This funding will aid in the development of solar … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged biogas, Bordeaux Métropole Énergies, carbon neutrality, district heating, EIB loan, energy efficiency, energy transition, EU climate action, European Investment Bank, Gironde, low carbon solutions, partnership, photovoltaic solutions, renewable energy, REPowerEU, sustainability
(IN BRIEF) Thomas Wellauer, Chairman of the Board of Directors at SIX Group, has announced that he will not stand for re-election at the AGM in 2026. Under his leadership since 2020, SIX has seen significant strategic and operational advancements, … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Switzerland
Tagged AGM 2026, appointment, Board of Directors, capital markets, Chairman, Financial Market Infrastructure, INNOVATION, leadership, leadership transition, management team, SIX Group, strategic growth, Thomas Wellauer
(IN BRIEF) TreeFrog Therapeutics has secured €30 million in financing from the European Investment Bank to advance its cell therapy program for Parkinson’s disease and support the development of its internal pipeline targeting diseases with high unmet needs. The funding, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Government, Healthcare, Industrial, Investment, Luxembourg, Management, News, Science, Technology
Tagged 3D microtissues, bioreactors, C-Stem, cell therapy, dilutive financing, EIB, European Investment Bank, Healthcare Innovation, InvestEU, iPSCs, Microfluidics, Parkinson's disease, partnership, Regenerative medicine, stem cell biology, sustainability, TreeFrog Therapeutics, venture debt, €30 million financing
(IN BRIEF) The European Investment Bank (EIB Global) and the National Bank of the Republic of North Macedonia (NBRNM) have completed a climate risk capacity-building initiative under the Greening Financial Systems Advisory Programme. The project has enhanced NBRNM’s ability to … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged climate adaptation, Climate Risk, climate vulnerability, climate-related financial reporting, EIB Advisory team, energy efficiency, European Investment Bank, financial regulation, green investments, Greening Financial Systems, International Climate Initiative, Macedonia, National Bank of the Republic of North Macedonia, NBRNM, NDC Partnership, Paris Agreement, partnership, sustainability, sustainable transition
(IN BRIEF) KfW IPEX-Bank has played a leading role in financing the Baltyk 2 and Baltyk 3 offshore wind farms in Poland, each with a 740 MW capacity. With a EUR 3 billion financing for each project, KfW IPEX-Bank, as … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, Marketing, News, Poland, Technology
Tagged Baltyk 2, Baltyk 3, Coal Phase-Out, energy transition, Equinor, Euler Hermes, European export industry, export credit agencies, financing, greenhouse gas emissions, KfW IPEX-Bank, Offshore wind, offshore wind market, partnership, Poland, Polenergia, renewable energy, Siemens SG 14-236 DD, sustainability, Velibor Marjanovic
(IN BRIEF) As part of its 2030 strategic plan, Crédit Coopératif is in exclusive discussions with Orange Bank to acquire Anytime, a fintech specializing in supporting associations. The acquisition will strengthen Crédit Coopératif’s digital offerings and expand its services for … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Investment, Management, News, Technology, Telecom
Tagged 2030 strategic plan, acquisition, Anytime, associations, Crédit Coopératif, digital services, expense management, fintech, Frédéric Niel, hybrid distribution model, impact investment, market share, Orange Bank, partnership, Pascal Pouyet, remote banking, social and solidarity economy
(IN BRIEF) The European Investment Fund (EIF) has made its first investment in a dedicated European defence fund, committing €40 million to Keen’s European Defence and Security Tech Fund. The fund will focus on early-stage companies pioneering technologies in areas … Read the full press release
Posted in Banks, Belgium, Business, Defence, Economy, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, Netherlands, News, Security & Safety, Technology
Tagged Alexander Ribbink, artificial intelligence, Cybersecurity, Defence Tech Fund, Defence Technology, EIF investment, European defence, European Investment Fund, European security, Giuseppe Lacerenza, InvestEU, Keen Venture Partners, Marjut Falkstedt, partnership, robotics, security innovation, space technologies, Stéphane Séjourné, strategic autonomy, venture capital
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