Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Visa Europe will offer its cardholders in France and Switzerland access to Visa with Apple Pay

“The Apple Pay expansion will catapult mobile payments into the mainstream in both France and Switzerland, offering Visa cardholders an easy, secure and private way to pay.” – Sandra Alzetta, Visa Europe LONDON, 20-Jun-2016 — /EuropaWire/ — Visa today confirmed that … Read the full press release

François Camilleri est nommé directeur général délégué de Natixis Lease

PARIS, 17-Jun-2016 — /EuropaWire/ — François Camilleri est nommé directeur général délégué de Natixis Lease. Il est rattaché à Didier Trupin, membre du Comité exécutif de Natixis et directeur général de Natixis Lease. Francois Camilleri rejoint Natixis Lease en 2002 pour … Read the full press release

NLB: Telekom Slovenije d.d. successfully issued EUR 100-million 5-year bonds

Ljubljana, Slovenia, 15-Jun-2016 — /EuropaWire/ — On 10 June 2016, following a successful first sale of bonds, Telekom Slovenije d.d. issued 5-year bonds with the designation TLS1 in the amount of EUR 100 million and with an unchanged interest rate … Read the full press release

NLB upgrades its NLB Klik; already more than 900,000 payments per month

Ljubljana, Slovenia, 15-Jun-2016 — /EuropaWire/ — We have made several changes to NLB Klik, although with minimum disruption to the service. These include a new look, a redesigned main menu, new functionalities, and more. The main driver behind this total … Read the full press release

NLB: successful new issue of 12-month commercial paper of Poslovni sistem Mercator d.d. with a total nominal value of EUR 200 million under designation MEL10

Ljubljana, Slovenia, 15-Jun-2016 — /EuropaWire/ — Following receipt of all payments from investors and the registration of commercial paper with central securities clearance corporation KDD on 6 June 2016, NLB successfully concluded the new issue of 12-month commercial paper of … Read the full press release

The Inditex Group: 12% increase in net sales in 1Q2016; adds 11,936 new jobs

The Group generated over 11,936 new jobs, 2,385 of which were in Spain. Pablo Isla highlighted that “thanks to the Group’s strong growth we are able to generate jobs in all our business markets, most notably, in Spain”. In April, the company distributed … Read the full press release

Volkswagen Financial Services fully placed its RMB bond with Chinese investors

Bonds follow Auto ABS as a refinancing instrument in China Contract portfolio in China at a record level Braunschweig/Peking, 14-Jun-2016 — /EuropaWire/ — Volkswagen Financial Services have issued a bond in renminbi (RMB) for the first time and fully placed it … Read the full press release

Höegh LNG discloses issuance of shares to its Directors as part remuneration

OSLO, 13-Jun-2016 — /EuropaWire/ — Reference is made to the stock exchange notice dated 26 May 2016 and the Annual General Meeting of Höegh LNG Holdings Ltd. (the “Company) held 26 May 2016 and a subsequent Board Meeting approving the issuance … Read the full press release

Swiss Re Capital Markets: Security First Insurance’s USD 75 million debut catastrophe bond successfully placed

ZURICH, 13-Jun-2016 — /EuropaWire/ — Swiss Re Capital Markets has successfully structured and placed the issuance of USD 75 million of insurance-linked securities by First Coast Re Ltd. on behalf of Swiss Reinsurance Americas Corporation (“SRAC”), which acted as transforming entity … Read the full press release

Fourteen trade associations and business groups form a Transatlantic Financial Regulatory Coherence (TFRC) Coalition with focus on TTIP

BRUSSELS, 10-Jun-2016 — /EuropaWire/ — An international group of fourteen trade associations and business groups today announced the formation of a Transatlantic Financial Regulatory Coherence (TFRC) Coalition. The Coalition, which represents a large part of the transatlantic financial services community, has … Read the full press release

International oilfield services company Expro FY 2016: revenue of $909.1m and adjusted operating profit of $223.5m

Revenue was $909.1m, down 30% on the prior fiscal year (2015: $1,307.1m) Adjusted EBITDA(2) down 32% to $223.5m (2015: $326.7m) Adjusted EBITDA margin remained stable year on year, at 24.6% (2015: 25%) Expro outperformed most major peers in terms of … Read the full press release

Fund managers discussed the current market at Schroders investment conference

LONDON, 08-Jun-2016 — /EuropaWire/ — At a recent Schroders investment conference fund managers discussed where they are seeing pockets of positivity in the market and what their hopes and concerns are following a volatile start to the year.  Marcus Brookes, Head … Read the full press release

FMO funds Greenfield project with bus operator Transambiental in Colombia

The Hague, The Netherlands, 08-Jun-2016 — /EuropaWire/ —  On Tuesday 31 May, FMO signed a US$15 million senior secured loan, funded by IDF, for an innovative Greenfield project finance transaction. IFC was lead arranger with FMO and the Cordiant/Infrastructure Crisis Fund … Read the full press release

STMicroelectronics to pay cash dividend of US$0.24 per outstanding share of the Company’s common stock

AMSTERDAM, 26-May-2016 — /EuropaWire/ — STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced today that all of the proposed resolutions were adopted at the Company’s Annual General Meeting of Shareholders (AGM), which was … Read the full press release

Lloyds Bank Commercial Banking survey: financial market volatility and new regulation seen as biggest risks to UK growth

Lloyds Bank Commercial Banking, Financial Institutions Sentiment Survey 2016, shows: Financial market volatility and new regulation are seen as biggest risks to UK growth prospects for next  12  months, according to top financial services firms UK growth still expected to … Read the full press release

SACE and CREVAL to provide €100 million to support international growth plans of IVS ITALIA S.p.A.

ROME, 23-May-2016 — /EuropaWire/ — SACE (CDP Group) and Credito Valtellinese have finalized a € 10 million line of credit, issued by CREVAL and guaranteed by SACE, earmarked for funding the international growth plans of IVS ITALIA S.p.A. IVS is the … Read the full press release

Hilti reports +7.4 percent increase in sales in Q12016 YoY

As expected, continued investments in sales, products and new services had a positive effect on the business performance of the Hilti Group. In the first four months of 2016, sales were up +7.4 percent in local currencies and +7.2 percent … Read the full press release

University of Twente Professor Peter-Paul Verbeek appointed member of UNESCO’s COMEST on the Ethics of Scientific Knowledge and Technology

ENSCHEDE, THE NETHERLANDS, 23-May-2016 — /EuropaWire/ — Peter-Paul Verbeek has been appointed as a member of UNESCO’s COMEST, the World Commission on the Ethics of Scientific Knowledge and Technology. Irina Bokova, Director-General appointed the Professor of Philosophy of Technology at the University … Read the full press release

University of Twente scientists receive ‘Vidi’ grant from the Netherlands Organisation for Scientific Research

Four UT scientists receive a ‘Vidi’ grant from the Netherlands Organisation for Scientific Research (NWO): Wiebe de Vis, Sarthak Misra, Richard Stevens and Ivo Vellekoop. The 800,000 euro grant will enable them to start an innovative line of research and … Read the full press release

De Nederlandsche Bank: Low interest rates constitute an important challenge to the entire financial sector in the Netherlands

AMSTERDAM, 20-May-2016 — /EuropaWire/ — The low interest rates constitute an important challenge to the entire financial sector in the Netherlands. They have a far-reaching impact on business models of banks and insurers alike, both now and in the longer … Read the full press release