Category Archives: Economy

Economy Press Releases & News distributed via EuropaWire

Garanti BBVA Launches My Banker to Deliver Bespoke Banking and Premium Lifestyle Perks to Affluent Clients

IN BRIEF) Garanti BBVA’s new My Banker program assigns each affluent customer a dedicated relationship manager and support team, delivering tailored financial advice, priority service, and a host of lifestyle benefits under one umbrella. Accessible via both physical branches and … Read the full press release

NLB Lease&Go and Summit Leasing Unite to Create Regional Leasing Powerhouse

(IN BRIEF) NLB Group has merged NLB Lease&Go into Summit Leasing Slovenija, completing regulatory steps and preparing for operational integration this weekend. The unified entity, branded NLB Lease&Go from July 7, will leverage combined expertise to become a leading leasing … Read the full press release

BBVA Rolls Out In-App Bitcoin and Ether Trading for Spanish Retail Customers

(IN BRIEF) BBVA now offers retail customers in Spain the ability to trade and custody bitcoin and ether directly through its mobile app, following clearance from the CNMV and in line with EU MiCA regulations. The fully integrated service, devoid … Read the full press release

BBVA Mobilizes €27 Billion for Sustainable Development in Emerging Markets at FFD4

(IN BRIEF) At FFD4 in Seville, BBVA announced it had allocated €27 billion in 2024 to sustainable infrastructure, climate action, entrepreneurship, and financial inclusion in Mexico, South America, and Turkey—up 60 percent from 2023—while its Microfinance Foundation provided €1.5 billion … Read the full press release

BBVA App Launches AI-Powered Financial Coach to Simplify Investing

(IN BRIEF) BBVA’s latest app update introduces a financial coach feature designed to help novice investors easily enter the market. Accessible via the “Experiences” menu under “Learn to Invest,” users receive short, clear videos on basic investing principles and inflation’s … Read the full press release

EIB’s Anchor Commitment Brings SDG Outcomes Fund to USD 100 Million Final Close

(IN BRIEF) The SDG Outcomes Fund, a USD 100 million blended-finance vehicle created by UBS Optimus Foundation and Bridges Outcomes Partnerships, has achieved final close with an additional USD 18 million anchor commitment from the EIB—backed by the European Commission … Read the full press release

Spain and EIB Launch Global Alliance for Crisis-Triggered Debt Pause Clauses

(IN BRIEF) At the FfD4 conference in Seville, Spain and the EIB co-led the creation of the Debt Pause Clause Alliance, enabling temporary suspension of debt service during crises—natural, health, or food-related—without compromising long-term fiscal and social stability. The Alliance, … Read the full press release

EIB Group and VEHIS Launch PLN 2.6 Billion Auto-Lease Securitisation to Boost Polish SMEs

(IN BRIEF) The EIB Group and VEHIS have structured a cash securitisation to issue PLN 2.6 billion of auto-lease financing for Polish SMEs and mid-caps. The EIB buys PLN 637 million of senior notes, while EIF guarantees an equivalent amount … Read the full press release

EIB Global and GIZ to Advise Kenyatta National Hospital on Solar PV Installation

(IN BRIEF) EIB Global, funded by a €50,000 Cities Climate Finance Gap Fund grant and in collaboration with GIZ, will advise Kenyatta National Hospital on installing a solar PV system. The technical studies and financial assessment will guide the integration … Read the full press release

IDB and EIB Join Forces in Seville to Ramp Up Co-Financing, Private Investment and EU-Backed Projects in Latin America and the Caribbean

(IN BRIEF) At FfD4 in Seville, the IDB and EIB signed a cooperation agreement to intensify financing and reinforce development impact in Latin America and the Caribbean. The framework focuses on expanding joint sovereign-backed loans, mobilizing private capital through blended … Read the full press release

EIB and WFP Launch Climate-Risk Insurance Partnership in Ethiopia and Expand Food Security Initiatives

(IN BRIEF) During the FfD4 conference in Seville, the EIB announced expanded collaborations with the World Food Programme, the FAO, and the Global Alliance Against Hunger and Poverty to tackle food insecurity, promote sustainable agriculture, and build resilience against climate … Read the full press release

Deutsche Bank TSS Dominates APAC Awards with 33 Wins and Custodian Banker of the Year Honor

(IN BRIEF) At The Asset Triple A Sustainable Investing Awards 2025, Deutsche Bank’s Trust and Securities Services reaffirmed its leadership in the Asia Pacific by winning 33 awards. Anand Rengarajan was named “Custodian Banker of the Year” for his strategic … Read the full press release

EIB Invests €21 Million in DanAds to Democratize Premium Ad Inventory for SMEs

(IN BRIEF) The European Investment Bank is extending a €21 million venture debt loan to adtech firm DanAds to scale its self-serve, AI-powered platform that automates ad sales directly within publisher websites. This financing, under InvestEU, will enable DanAds to … Read the full press release

Prudential and Prudence Foundation Launch Free Mental Health Support in Malaysia and Vietnam

(IN BRIEF) Prudential plc and its Prudence Foundation have partnered with Intellect to launch Talk It Out, a free mental health programme for underserved groups in Malaysia and Vietnam. Through the Intellect app—available in six local languages—users access self-help modules, … Read the full press release

Swedbank Acquires Digital Mortgage Specialist Stabelo to Reach Younger, Tech-Savvy Borrowers

(IN BRIEF) Swedbank will acquire Stabelo, a fully digital mortgage credit institution, to expand its mortgage offerings and reach new customer segments. Stabelo’s technology-driven processes and partnership distribution complement Swedbank’s existing capabilities. The initial price tag is SEK 350 million, … Read the full press release

BBVA’s Investor Relations Team Sweeps Industry Awards and Garners Best Buy-Side Management Honor

(IN BRIEF) BBVA’s Investor Relations team and senior management were honored with multiple prestigious awards by the investment community, underscoring their commitment to clear and transparent communication with institutional investors. The bank achieved Top 10 rankings in key areas—Best CEO, … Read the full press release

M&S Invests £300 Million in 37 New, Extended and Refreshed Stores Across the UK

(IN BRIEF) Marks & Spencer is fast-tracking its store refresh and expansion strategy by committing over £300 million to open 16 new outlets, extend nine existing stores and fully renew 12 sites during the current financial year. All locations will … Read the full press release

CACEIS Wins Mandate to Administer Syz Asset Management’s CHF 3 Billion Fund Portfolio

(IN BRIEF) CACEIS has been appointed by Syz Asset Management to handle custody, fund administration, and transfer agency for all of Syz’s funds, which total over CHF 3 billion. The Swiss asset manager—renowned for its bond and money-market expertise with … Read the full press release

UniCredit and Rise Europe Join Forces to Cultivate Europe’s Next Generation of Startup Leaders

(IN BRIEF) UniCredit and Rise Europe have entered into a strategic partnership designed to strengthen Europe’s startup ecosystem and drive regional competitiveness. Leveraging UniCredit’s extensive 13-country footprint and corporate networks, the collaboration aims to support Rise Europe’s expansion, help promising … Read the full press release

EIB and Banque El Amana Launch €20 Million Facility to Advance Sustainable Fisheries and Inclusive SME Growth in Mauritania

(IN BRIEF) At FfD4 in Seville, the EIB and Banque El Amana signed a €20 million loan facility to on-lend to Mauritanian SMEs in the seafood value chain. Forty percent of the funds are reserved expressly for women-led (30 percent) … Read the full press release