Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Blackstone to acquire 12 logistics assets in CEE with 5-year EUR 91 million facility from Erste Group

VIENNA, 23-Feb-2016 — /EuropaWire/ — The 265 000 sqm portfolio covers 12 standing logistics investments located in Hungary (5), Romania (4), Poland (2) and Slovakia (1), as well as land reserves. Two of these assets – Bucharest and Ploiesti (RO) – … Read the full press release

Die Deutsche Kreditbank AG (DKB) senkt den effektiven Jahreszins für das DKB-Privatdarlehen

Künftig 3,69 Prozent effektiver Jahreszins für DKB-Kunden BERLIN, 17-Feb-2016 — /EuropaWire/ — Die Deutsche Kreditbank AG (DKB) senkt den effektiven Jahreszins für das DKB-Privatdarlehen mit sofortiger Wirkung deutlich um 0,3 Prozent. Sie bietet damit im Vergleich der großen Privatkundenbanken in Deutschland … Read the full press release

University of Copenhagen awarded eight large grants from the European Research Council

COPENHAGEN, 17-Feb-2016 — /EuropaWire/ — Top researchers from the University of Copenhagen have been awarded eight large grants from the European Research Council out of a total of ten grants given to Danish projects. This is the highest number ever for … Read the full press release

NIB funds the upgrade of sewage treatment plant in Lidingö, northern Stockholm

NIB has signed a 25-year loan agreement of SEK 151 million (EUR 16 million) with Swedish wastewater service provider Käppalaförbundet for the upgrade of its sewage treatment plant in Lidingö, northern Stockholm. HELSINKI, 10-Feb-2016 — /EuropaWire/ — The loan will finance the construction of a new … Read the full press release

Tanguy Pincemin est nommé Chief Digital Officer de Natixis et membre du Comité Executif

PARIS, 10-Feb-2016 — /EuropaWire/ — Tanguy Pincemin est nommé Chief Digital Officer de Natixis et membre du Comité Executif. Il est rattaché à Laurent Mignon, directeur général de Natixis. Tanguy Pincemin était Directeur retail en charge du secteur de la grande … Read the full press release

Loughborough University extends deadline for its Special Projects Fund until Friday 19 February

Leicestershire, UK, 09-Feb-2016 — /EuropaWire/ — The University has extended the deadline for its Special Projects Fund and will now be accepting bids until Friday 19 February. The Special Projects Fund is one of four rounds offered by the University as … Read the full press release

NTT Communications Corporation adds new ultra-low-latency connectivity service between Japan Exchange Group and Singapore Exchange

Unprecedented 63.5 millisecond latency will improve investors’ agility in high-frequency trading TOKYO, JAPAN, 09-Feb-2016 — /EuropaWire/ —  NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT Group (NYSE: NTT), announced today that it has … Read the full press release

Switzerland signs joint declaration on the introduction of AEOI in tax matters with Canada

BERN, 08-Feb-2016 — /EuropaWire/ — Bern, 05.02.2016 – Switzerland has signed a joint declaration on the introduction of the automatic exchange of information (AEOI) in tax matters on a reciprocal basis with Canada. The two countries intend to start collecting data in accordance with … Read the full press release

Anne Richards to succeed Michael McLintock as M&G Chief Executive Prudential

LONDON, 05-Feb-2016 — /EuropaWire/ — Prudential plc (“Prudential”) announces that Michael McLintock has decided to retire as Chief Executive of M&G Investments and as an executive director of Prudential. He will be succeeded later this year, subject to regulatory approval, by … Read the full press release

KfW Group reports very strong demand for its financing products in FY 2015

Commitments up by 6.0% to EUR 50.5 billion Increase in international financing to EUR 27.9 billion (+9.7%) High demand for climate and environmental financing amounting to EUR 29.5 billion (+11.0%) Refugee accommodation promoted with EUR 1.5 billion Commitment in the … Read the full press release

Barclays Bank PLC signs agreement with JP Morgan to govern the transfer of a sub-set of its legacy Non-Core derivatives portfolio

LONDON, 04-Feb-2016 — /EuropaWire/ — Barclays Bank PLC (“Barclays”), acting through Barclays Non-Core, has signed a framework agreement with JP Morgan to govern the transfer of a sub-set of its legacy Non-Core derivatives portfolio. The execution of this deal is targeted … Read the full press release

Haas Gestion selected CACEIS as the global Asset Servicing partner for its first Luxembourg UCITS SICAV

PARIS, 03-Feb-2016 — /EuropaWire/ — The management company, Haas Gestion, has selected CACEIS as the global Asset Servicing partner for its first Luxembourg UCITS SICAV with multiple sub-funds, named “HAAS UCITS”, through which the ABSOLUTE ALL ROADS sub-fund was launched on … Read the full press release

Deutsche Bank Chief Risk Officer Stuart Lewis: We are committed to playing our part in helping the banking industry to rebuild trust in the UK and further afield

14-member group announces recommendations following six month consultation FRANKFURT AM MAIN, 02-Feb-2016 — /EuropaWire/ — Industry leadership is critical to rebuild trust in the UK banking sector, a group of senior bankers and stakeholders including Stuart Lewis, Chief Risk Officer, said … Read the full press release

EBRD funds new, cleaner and more energy-efficient electricity generating plant in Atyrau, Kazakhstan

Loan to Sagat Energy will finance launch of 11MW gas-fired power plant LONDON, 01-Feb-2016 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is continuing to support the Green Economy drive in Kazakhstan by financing a new, cleaner and … Read the full press release

EBRD invests EUR31 million in Turkey’s first corporate bond with TRLIBOR as its benchmark rate

Bank supports Turkey’s first corporate bond with TRLIBOR as its benchmark rate. LONDON, 01-Feb-2016 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is moving to deepen Turkey’s local capital markets as Rönesans Holding, one of the country’s largest … Read the full press release

Mongolian ice-cream maker Teso expands with support from EBRD

The EBRD supported the expansion of Mongolian ice-cream maker Teso with local currency lending and business advice. LONDON, 01-Feb-2016 — /EuropaWire/ — Making ice-cream in Mongolia, where winters are very long and extremely cold, might not appear to be the … Read the full press release

STRABAG SE to refinance two loans totalling € 2.4 billion before their original maturity

Favourable financing environment and credit enhancement € 2.0 billion syndicated surety loan – new maturity in 2021 or later € 0.4 billion syndicated cash credit line – new maturity in 2021 or later VIENNA, 29-Jan-2016 — /EuropaWire/ — The publicly … Read the full press release

KBC, LBC-NVK and BBTK reach new collective labour agreement on employment until the end of 2017

BRUSSELS, 25-Jan-2016 — /EuropaWire/ — On 15 January 2016, KBC and the social partners LBC-NVK and BBTK reached a new collective labour agreement (CLA) on employment until the end of 2017. This CLA guarantees job security again in 2016 and 2017 … Read the full press release

European Central Bank (ECB): 445,000 counterfeit euro banknotes withdrawn from circulation in the second half of 2015

445,000 counterfeit euro banknotes were withdrawn from circulation in the second half of 2015. 83% of the counterfeits were €20 and €50 banknotes. All euro banknotes can be verified using the “feel, look and tilt” method. Euro banknotes continue to … Read the full press release

NORDEN writes down USD 180 million from the value of its dry cargo fleet

HELLERUP, Danmark, 22-Jan-2016 — /EuropaWire/ — NORDEN writes down the carrying amount of owned dry cargo vessels by USD 180 million and at the same time makes a provision of USD 160 million for losses on long-term chartered dry cargo vessels. … Read the full press release