Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

EBRD to announce new €400m financing package for small-scale renewable energy and resource efficiency projects in Turkey

LONDON, 06-Dec-2016 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) will announce a new €400 million financing package for small-scale renewable energy and resource efficiency projects in Turkey in a Sustainable Energy Excellence Awards Ceremony on 7 … Read the full press release

EBRD loans €15m to Romania’s second-largest city for 50 new buses with low carbon emissions

€15 million to improve commute and reduce pollution in Romania’s second-largest city LONDON, 05-Dec-2016 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is providing a €15 million loan to the city of Iasi for the acquisition of 50 … Read the full press release

South-East Europe countries two-day anti-money laundering meeting in Budva, Montenegro

Budva, Montenegro, 05-Dec-2016 — /EuropaWire/ — The OSCE Mission to Montenegro facilitated a two-day meeting of the heads of Financial Intelligence Units (FIU) of the six South-East Europe countries, hosted by the Montenegrin FIU on 1 and 2 December 2016 … Read the full press release

European Commission to strengthen the regulation of commodities markets and curb price speculation

BRUSSELS, 02-Dec-2016 — /EuropaWire/ — The European Commission has taken important steps today to strengthen the regulation of commodities markets and curb price speculation. It also ensures that firms active on these markets are regulated appropriately. The package completes the rulebook … Read the full press release

Airbus Group on WTO Panel DS487 report: Boeing must give up these massive tax subsidies

Extends the WTO’s earlier condemnation of massive illegal subsidies to Boeing to 26 billion USD in the form of wholly non-refundable corporate welfare. This is the single largest state-level instance of corporate welfare in US history. The subsidy package condemned … Read the full press release

Banco de Portugal’s Professor Jacinto Nunes Prize 2016 winners for the academic year 2015/2016

LISBON, 29-Nov-2016 — /EuropaWire/ — Every year, Banco de Portugal awards a prize to the best undergraduate students in Economics, recognising merit in a fundamental area of study for the mission of a central bank. This prize has been renamed … Read the full press release

Banco de Portugal’s Lúcia Leitão appointed Vice-Chair of the International Financial Consumer Protection Organisation (FinCoNet)

LISBON, 29-Nov-2016 — /EuropaWire/ — Lúcia Leitão, the head of the Banking Conduct Supervision Department of Banco de Portugal, has been appointed Vice-Chair of the International Financial Consumer Protection Organisation (FinCoNet), an organisation recognised by the Financial Stability Board (FSB) and … Read the full press release

DNB: Despite recent housing market crisis large Dutch banks have relatively limited losses on their mortgage loan portfolios

AMSTERDAM, 24-Nov-2016 — /EuropaWire/ — Despite the recent crisis in the housing market, the large Dutch banks experienced relatively limited losses on their mortgage loan portfolios. This has emerged from DNB research at the four largest banks in the Netherlands. The … Read the full press release

Vienna Insurance Group 9M 2016: good premium growth in many markets

Premiums rise to around EUR 7.0 billion Profit (before taxes) increases to EUR 301.3 million Combined ratio stable at 97.9 percent VIENNA, 23-Nov-2016 — /EuropaWire/ — Vienna Insurance Group business development is on course in the first three quarters of 2016. … Read the full press release

Bank Austria’s new Online-WunschKredit loan with 3 per cent p.a. on the Austrian market

Bank Austria’s new Online-WunschKredit loan offers top terms and conditions on the Austrian market with an effective interest rate starting at 3 per cent p.a. Applications for the loan can be submitted via the Online-Shop at shop.bankaustria.at 24 hours a … Read the full press release

Bankia launches Spain’s first fintech incubator and accelerator at Fujitsu Forum in Munich

Corporate Director of Technology Innovation and Strategy at Bankia, Ignacio Cea, at an event in Munich, presented Spain’s first fintech incubator and accelerator that Bankia has launched in Valencia Speaking at the Fujitsu Forum, Cea said that “working closely with … Read the full press release

NORD/LB and KfW IPEX-Bank close 10-year financing of two A321-200 aircraft with Ping An for LATAM Airlines

FRANKFURT AM MAIN, 22-Nov-2016 — /EuropaWire/ — NORD/LB Singapore Branch and KfW IPEX-Bank have closed a 10-year financing of two A321-200 aircraft with Ping An International Financial Leasing Co., Ltd. NORD/LB Singapore Branch acted as Arranger and Lender and KfW IPEX-Bank … Read the full press release

ABLV Group renames few of its companies

RIGA, 21-Nov-2016 — /EuropaWire/ — For the purpose of administrative optimization of ABLV Group, several changes were performed in November 2016. Keeping structural reorganization of ABLV Group companies, few of them were renamed. Subsidiaries of Pillar Investment Group, AS were renamed … Read the full press release

ABLV introduces several innovations and implementations across its products and services

RIGA, 21-Nov-2016 — /EuropaWire/ — We would like to present several innovations in our products and services implemented for our clients’ convenience. Those include first bond issues arranged for ABLV clients, new trading platform for performing futures transactions at stock … Read the full press release

AF Gruppen delivers solid margins in all its business areas during 3rd quarter

OSLO, 18-Nov-2016 — /EuropaWire/ — AF Gruppen performed well and delivered solid margins in all its business areas. The company has a strong financial position. The Board of Directors has approved a dividend of NOK 3.00 per share for the second … Read the full press release

Accenture to invest in two Partech funds and join its Advisory Committee

Accenture Ventures invests in Partech funds, gaining access to leading European and U.S. startups and the ability to co-invest PARIS, 16-Nov-2016 — /EuropaWire/ — Accenture (NYSE: ACN) has entered into a strategic relationship with Partech Ventures, a leading venture capitalist firm … Read the full press release

Nokia Board of Directors to commence a share repurchase program

ESPOO, 15-Nov-2016 — /EuropaWire/ — In line with the EUR 7 billion capital structure optimization program announced earlier, the Nokia Board of Directors has resolved to commence a share repurchase program (the “Program”) under the authorization granted by the Nokia Annual … Read the full press release

BKW sells its Swissgrid convertible loan to Credit Suisse for CHF 97 million

Sale of Swissgrid convertible bond BERN, 15-Nov-2016 — /EuropaWire/ — BKW sells its Swissgrid convertible loan to Credit Suisse at a nominal value of around CHF 97 million. The two companies have signed a contract to mark the deal. The … Read the full press release

Gemalto to deliver​ innovative Visa Quick Read debit cards for Banco Neon in Brazil

User-friendly card design uses Visa’s Quick Read features, providing a complete online shopping experience AMSTERDAM, 11-Nov-2016 — /EuropaWire/ — Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, was selected byBanco Neon, a millennial-targeting smartphone-based Brazilian bank to deliver innovative … Read the full press release

Gemalto’s Allynis PIN by e-Channel​ solution to enable PIN delivery via SMS for Intesa Sanpaolo

Italy’s largest retail bank is first in the world to offer payment card PIN delivery by SMS, web and mobile banking app AMSTERDAM, 11-Nov-2016 — /EuropaWire/ — Gemalto (Euronext NL0000400653 GTO),the world leader in digital security, is continuing its support for … Read the full press release