Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Insurance Europe study: €952bn paid out by insurers to individuals and businesses in Europe during 2013

BRUSSELS, 08-1-2015 — /EuropaWire/ — European insurers paid out an average of €2.6bn a day in claims and benefits during 2013, according to figures published today in a study by Insurance Europe, the European insurance and reinsurance federation. The study, European … Read the full press release

Loughborough University reminder: end of January is the deadline for bids to The Special Projects Fund

Loughborough University is reminding community groups across Charnwood that the end of January is the deadline for bids to its new Special Projects Fund. Leicestershire, UK, 07-1-2015 — /EuropaWire/ — The Special Projects Fund is one of five rounds of funding … Read the full press release

German Statistical Office (Destatis): Germany inflation rate measured by consumer price index expected to be 0.9% on an annual average in 2014 vs. 2013

WIESBADEN, 07-1-2015 — /EuropaWire/ — The inflation rate in Germany as measured by the consumer price index is expected to be 0.9% on an annual average in 2014 as compared with 2013. Based on the results available so far, the Federal Statistical … Read the full press release

En partenariat avec CSA, le Crédit Foncier lance un baromètre inédit sur le moral des professionnels de l’immobilier

PARIS, 07-1-2015 — /EuropaWire/ — Réalisé avec l’institut de sondage CSA, ce nouveau baromètre* du Crédit Foncier est dédié au moral des professionnels de l’immobilier. Il mesure leur perception du marché du logement au cours des quatre derniers mois (fin … Read the full press release

Barclays Mortgages research reveals 61 per cent of UK homeowners uncertain when interest rate might rise

Almost half (46 per cent) of homeowners aren’t able to recall what the current Bank of England base rate is Nine in ten (88 per cent) are completely unaware of the Bank of England’s recent interest rate forecast Half of … Read the full press release

KfW improves its “Energy-Efficient Refurbishment” programme

5% increase in repayment bonuses for all KfW Efficiency House standards Binding right to grants for construction supervision FRANKFURT, 06-1-2015 — /EuropaWire/ — KfW improves its “Energy-Efficient Refurbishment” programme: The repayment bonuses for all KfW Efficiency House standards have become … Read the full press release

EBRD continues to develop local currency financing in Mongolia by providing a loan in tugrik to a Toyota car dealer, Tavan Bogd LLC

Local currency loan to Tavan Bogd Group for repair centre LONDON, 06-1-2015 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is continuing to develop local currency financing in Mongolia by providing a loan in tugrik to a … Read the full press release

Lithuania becomes the 19th member state of the euro area

BRUSSELS, 06-1-2015 — /EuropaWire/ — On 1 January 2015 Lithuania became the 19th member state of the euro area, with euro coins and banknotes entering circulation on the same day. The country joined a number of euro area institutions and euro-related … Read the full press release

first direct announced it has reduced all of its fixed rate mortgages at 65% and 75% LTV

first direct kick-starts the New Year by cutting all fixed rate mortgages LEEDS, 05-1-2015 — /EuropaWire/ — The prospect of fixing into a mortgage, with interest rates still at an all-time low, has become even more appealing following first direct ’s announcement … Read the full press release

The international derivatives markets of Eurex Group ended 2014 with turnover of approximately 2.1 billion contracts

FRANKFURT, 05-1-2015 — /EuropaWire/ — Eurex: The international derivatives markets of Eurex Group ended 2014 with a turnover of approximately 2.1 billion contracts (2013: 2.2 billion contracts). The total volume for 2014 splits into 1.5 billion contracts traded at Eurex Exchange … Read the full press release

Deutsche Börse announced it had €1.28 trillion turnover on its cash markets in 2014

FRANKFURT, 05-1-2015 — /EuropaWire/ — Deutsche Börse: In 2014, turnover at the cash markets of Deutsche Börse stood at €1.28 trillion (2013: €1.16 trillion). Order book turnover on Xetra, Börse Frankfurt and Tradegate stood at €108.9 billion in December (December 2013: … Read the full press release

RBS and NatWest blocked over £1.05 million of hidden fees from payday loan brokers on the day the FCA change the rules

RBS and NatWest announce they have blocked over £1.05 million of hidden fees from payday loan brokers on the day the FCA change the rules. EDINBURGH, 05-1-2015 — /EuropaWire/ — From today (2 January 2015), according to new rules set by … Read the full press release

Deutsche Bundesbank: The Federal Government will issue Treasury discount paper with 6 months maturity for sale by auction on 12 January 2015

Frankfurt am Main,  05-1-2015 — /EuropaWire/ — As already announced in the issuance calendar for the first quarter of 2015, the Federal Government will issue Treasury discount paper (“Bubills”) with a maturity of 6 months for sale by auction on 12 January 2015. … Read the full press release

Barclays Head of Manufacturing Mike Rigby comments on the PMI manufacturing figures

LONDON, 05-1-2015 — /EuropaWire/ — Mike Rigby, Head of Manufacturing at Barclays, comments on today’s PMI manufacturing figures. “2014 finished on an encouraging note for the manufacturing sector, with growth still moving in the right direction despite broadly benign UK macroeconomic conditions … Read the full press release

Groupe BPCE: La Banque Palatine se dote d’une nouvelle image grâce à une campagne institutionnelle inédite

PARIS, 05-1-2015 — /EuropaWire/ — La Banque Palatine se dote d’une nouvelle image grâce à une campagne institutionnelle inédite. Le concept, qui se décline en deux visuels, positionne la Banque Palatine comme un partenaire différent, en phase avec les ambitions … Read the full press release

Aviva’s bi-annual Family Finances Report: working parents in UK are being hamstrung by childcare costs with thousands effectively working for nothing

Parents of 0-5s juggle earnings with childcare expenses 1 in 10 families using childcare for 0-5s say lower earner takes home nothing after childcare / work costs are paid Lower earner typically brings home just £243 after childcare / work … Read the full press release

Aviva Family Finance Report: incomes and debts have risen in tandem for UK families over the last 6 months

Typical household income is up by four percent since July 2014 But household debt more than doubles in same period to more than £16,000 More families are saving regularly, but the size of savings pots has shrunk More families protect … Read the full press release

Audi to invest €24 billion between 2015 and 2019, 70 percent of which to go into new models and technologies

Audi CEO Rupert Stadler: “We are strengthening our innovative areas and expanding the global production network” Axel Strotbek, CFO: “70 percent of all investments flow into new models and innovative technologies” Audi Chief Technical Officer Dr. Ulrich Hackenberg: “Focus on … Read the full press release

TomTom signs new facility agreement for a €250 million revolving credit facility

Amsterdam, 23-12-2014 — /EuropaWire/ — TomTom (TOM2) today announced it has signed a new facility agreement for a €250 million revolving credit facility (the “Facility”). The Facility has a maturity date of 31 March 2018 and includes two additional one year … Read the full press release

SEB AG finanziert Kauf von Erdgas-Leitungsnetz in Deutschland

Gemeinsam mit einem Bankenkonsortium finanziert die SEB AG den Kauf der Erdgasversorgungsgesellschaft Thüringen-Sachsen mbH (EVG) mit dem dazugehörigen Erdgas-Leitungsnetz. FRANKFURT, 23-12-2014 — /EuropaWire/ — Das erstreckt sich über eine Länge von 1.168 Kilometern in den Bundesländern Thüringen, Sachsen, Sachsen-Anhalt und … Read the full press release