Category Archives: Economy

Economy Press Releases & News distributed via EuropaWire

IFC and Crédit Agricole CIB partner on $2 billion risk transfer deal to boost trade finance in emerging markets

(IN BRIEF) The International Finance Corporation (IFC) and Crédit Agricole CIB have finalized a $2 billion Significant Risk Transfer (SRT) deal, backed by a $95 million financial guarantee from IFC, to unlock new trade finance commitments for emerging markets. The … Read the full press release

Crédit Agricole Leasing & Factoring Strengthens Leadership with Appointment of Chantal Debost as Chairwoman

(IN BRIEF) Crédit Agricole Leasing & Factoring has appointed Chantal Debost as its new Chairwoman, succeeding Jean-Jacques Calcat, who served in the role since 2018. The appointment, effective immediately following the Board meeting on 28 October 2025, reflects CAL&F’s commitment … Read the full press release

Kemira Secures NIB Financing to Accelerate Industrial-Scale Biomaterials Production with IFF Partnership

(IN BRIEF) The Nordic Investment Bank (NIB) has approved a EUR 50 million, 10-year loan to Kemira for constructing a new biomaterials production facility in Finland. The project, jointly developed with International Flavors & Fragrances (IFF), will produce bio-based alpha-glucans … Read the full press release

SIX Extends Strategic Partnership with Barclays to Deliver Smarter Data Solutions Across Global Operations

(IN BRIEF) SIX and Barclays have entered into a seven-year global partnership to accelerate the bank’s international growth and enhance cost efficiency. The collaboration will give Barclays access to SIX’s suite of financial data products and allow the bank to … Read the full press release

Tony Hable Named Head of Infrastructure and Project Finance at Lloyds to Drive Innovation Across UK, US, and European Markets

(IN BRIEF) Lloyds Banking Group has appointed Tony Hable as Head of Infrastructure & Project Finance, reflecting its strategic focus on growth and innovation across the UK, USA, and Europe. Reporting to Managing Director James Ranger, Hable will lead the … Read the full press release

LSEG and Microsoft Expand Strategic Partnership to Power Agentic AI and Transform Financial Data Access Through Model Context Protocol

(IN BRIEF) LSEG and Microsoft have deepened their strategic partnership to revolutionize how financial institutions access and utilize LSEG’s licensed financial data within Microsoft’s AI ecosystems. Through a managed Model Context Protocol (MCP) server, customers can securely integrate LSEG’s extensive … Read the full press release

Crédit Agricole CIB and Quandela Advance Quantum-Enhanced Credit Risk Modeling with Photonic Processors

(IN BRIEF) Crédit Agricole CIB and Quandela have revealed the results of their collaboration on developing a hybrid classical-quantum algorithm that improves credit default risk prediction models. Validated for the first time using photonic quantum processors, the solution demonstrates enhanced … Read the full press release

SIX Swiss Exchange Welcomes Schroders as New ETF Issuer, Strengthening Its Active Investment Portfolio

(IN BRIEF) SIX Swiss Exchange has welcomed Schroders as its newest ETF issuer, marking the firm’s expansion into the European active ETF market with the launch of the Schroder ETFs ICAV Global Equity Active UCITS ETF USD ACC. This milestone … Read the full press release

Investor confidence drives €10.4 billion close of CVC Credit’s latest European Direct Lending fund

(IN BRIEF) CVC Credit, part of global private equity firm CVC, has completed the final close of its fourth European Direct Lending fund (EUDL IV), raising €10.4 billion. This represents a major increase compared to its previous funds, which raised … Read the full press release

Financial institutions gain faster onboarding and reduced false positives with LSEG’s new World-Check On Demand platform

(IN BRIEF) LSEG Risk Intelligence has launched World-Check On Demand, a platform delivering real-time sanctions, PEPs, adverse media, and enforcement actions data through flexible APIs. The service aims to cut false positives, speed up onboarding, and reduce operational costs while … Read the full press release

Hydro’s Corridor program expands with new partners to advance inclusive growth and biodiversity protection in the Brazilian Amazon

(IN BRIEF) Hydro’s Corridor program, launched in 2024, has welcomed three new partners – Belterra Agroflorestas, Mitsui & Co., and Mitsui Foundation – during New York Climate Week 2025. The initiative, co-led by Hydro, Mercedes-Benz, and NGOs such as IPAM … Read the full press release

Outokumpu study shows global industries shifting stainless steel strategies amid tariffs and political tensions

(IN BRIEF) Outokumpu has released a whitepaper, The Evolution of Materials, showing how trade measures and geopolitical shifts are forcing companies worldwide to rethink stainless steel procurement. The research, based on a global survey of major industrial buyers with combined … Read the full press release

Euronext Launches Mini-Sized Futures on European Government Bonds to Broaden Fixed Income Market Access

(IN BRIEF) Euronext has introduced its first set of mini-sized, cash-settled futures on major European government bonds, including the 10-year OAT, Bund, Bono, and BTP, as well as the first 30-year BTP. Listed on Euronext Derivatives Milan with a notional … Read the full press release

Waystone joins SIX ETF marketplace, enabling Bellevue Asset Management’s healthcare-focused active ETF

IN BRIEF) Waystone ETF ICAV has joined SIX Swiss Exchange as a new issuer with the launch of the Bellevue Healthcare UCITS ETF, an actively managed ETF combining Bellevue Asset Management’s healthcare expertise with the advantages of on-exchange trading. With … Read the full press release

EIB and Portugal sign first tranche of €1.34 billion framework loan to expand affordable and sustainable housing

(IN BRIEF) Portugal and the European Investment Bank have signed a €450 million tranche of a €1.34 billion loan to finance the construction and renovation of around 12,000 affordable rental homes across the country. The programme, part of Portugal’s National … Read the full press release

New Galgahévíz oil well boosts Hungary’s domestic production and supports MOL’s SHAPE TOMORROW strategy

(IN BRIEF) MOL and O&GD have discovered a new oil deposit near Galgahévíz, Hungary, with the Galgahévíz-4 well producing around 1,000 barrels of oil per day. The project, drilled by Rotary Zrt., strengthens Hungary’s energy independence and reflects MOL’s commitment … Read the full press release

Maya Hennerkes appointed Managing Director of Environment and Sustainability at the EBRD, succeeding Henrik Linders

(IN BRIEF) The European Bank for Reconstruction and Development has appointed Maya Hennerkes as Managing Director of its Environment and Sustainability Department, effective 15 September 2025. Hennerkes, who succeeds Henrik Linders, has been instrumental in shaping the EBRD’s sustainable finance … Read the full press release

EBRD and Egypt launch €10 million facility to advance sustainable PPP infrastructure projects

(IN BRIEF) The EBRD, in collaboration with Egypt’s Ministry of Finance and supported by the Ministry of Planning, Economic Development and International Cooperation, has launched the €10 million Egypt Project Preparation Facility to accelerate the development of bankable public-private partnership … Read the full press release

New EBRD-EU Green Economy Financing Facility to strengthen sustainable private-sector growth and household energy solutions in the West Bank

(IN BRIEF) The EBRD and EU have launched the Green Economy Financing Facility (GEFF) in the West Bank, providing up to €25.9 million in loans to local financial institutions to support on-lending for small-scale renewable energy and efficiency projects. Backed … Read the full press release

BUUT partners with footballer Denzel Dumfries to make financial education fun and accessible for Dutch youth

(IN BRIEF) BUUT, the new neobank from the creators of Tikkie and part of ABN AMRO, has partnered with Dutch international footballer Denzel Dumfries to teach teenagers money management skills in an engaging and relatable way. The collaboration will see … Read the full press release