Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

PSA Banque’s Distingo continues to grow, now with over €950 million taken in customer deposits

Paris, France, 28-1-2014 — /EuropaWire/ — Since its launch on 5 March 2013, PSA Banque’s Distingo online passbook savings account has enjoyed strong demand. As of 31 December 2013, just 10 months after launch: More than 25,000 Distingo passbook savings accounts had … Read the full press release

World’s leading learning company Pearson released its regular January trading update

London, UK, 27-1-2014 — /EuropaWire/ — Pearson, the world’s leading learning company, is today providing its regular January trading update. Pearson faced tough market conditions throughout 2013 as cyclical, policy-related and structural pressures affected our education publishing and assessment businesses in North … Read the full press release

Eesti Pank: Only one fifth of Estonian domestic payments are made between different banks

Tallinn, Estonia, 27-1-2014 — /EuropaWire/ — A notable feature of the Estonian payment environment is the large share of electronic payments. In the fourth quarter of 2013, 99.6% of all payments between banks were initiated electronically. An average of only 1100 payments per … Read the full press release

Hilti Group increased its sales in local currencies by 4.5 percent in 2013 vs. 2012

Schaan (FL), Liechtenstein, 24-1-2014 — /EuropaWire/ — In 2013, the Hilti Group succeeded in increasing sales in local currencies by 4.5 percent compared to the previous year. Expressed in Swiss Francs, sales grew by 3.2 percent to CHF 4,340 million. At 3.2 … Read the full press release

Banco Sabadell net profit tripled in 2013 compared to 2012

Sabadell, Spain, 24-1-2014 — /EuropaWire/ — The quality of ordinary revenues improved considerably in 2012, as net fees and commissions increased by 20.8% and gross income by 34.4%, well above the market consensus estimates. The core capital ratio reached 12.0% (10.1% … Read the full press release

Cajastur ha presentado hoy su colaboración con la Asociación Down Principado de Asturias (ASDA)

Oviedo, España, 24-1-2014 — /EuropaWire/ — Cajastur ha presentado hoy su colaboración con la Asociación Down Principado de Asturias (ASDA), asociación creada en 1985 y que se dedica a prestar apoyo a las personas con Síndrome de Down y sus familias. Al … Read the full press release

Peru’s premium mobile operator Claro selected Starhome MACH’s Gateway Location Register (GLR) and Optimal Voicemail Deposit (OVMD) solutions

Enables voicemail service in roaming scenarios and optimizes international signaling traffic Zurich, Switzerland, 24-1-2014 — /EuropaWire/ — Starhome MACH, the global leader in providing market-driven network and clearing house services for the mobile industry, announced today that Claro, Peru’s premium mobile operator, … Read the full press release

La Junta General Extraordinaria de Accionistas autoriza al Consejo de INMOBILIARIA COLONIAL a ampliar capital hasta 1.000 millones de euros

Luz verde al plan de recapitalización de Colonial La ampliación cuenta con el compromiso de inversión de Grupo Villar Mir, Grupo Santo Domingo y Amura Capital La operación se enmarca dentro del plan de reestructuración del crédito sindicado de Colonial que incluye … Read the full press release

The Basel Committee on Banking Supervision issued risk management guidelines on anti-money laundering and terrorist financing

Basel, Switzerland, 22-1-2014 — /EuropaWire/ — The Basel Committee on Banking Supervision has today issued a set of guidelines to describe how banks should include the management of risks related to money laundering and financing of terrorism within their overall risk management framework. Prudent … Read the full press release

Rio Tinto completed $3.5 billion of non-core asset sales and sets new production records in 2013

London, UK, 21-1-2014 — /EuropaWire/ — Rio Tinto chief executive Sam Walsh said “These are excellent fourth quarter operational results, demonstrating continued delivery on our commitments. We have set new records for iron ore production and shipments as we ramp up … Read the full press release

EU’s African Peace Facility Early Response Mechanism to provide €1.1M to IGAD’s mediation process in South Sudan

Addis Ababa, Ethiopia, 20-1-2014 — /EuropaWire/ — The European Union (EU) using its African Peace Facility Early Response Mechanism (ERM) has agreed to provide financial support to the mediation process in South Sudan facilitated by IGAD. The € 1.1 Million (US$ 1.44 … Read the full press release

TÜV Rheinland AG announced initial estimate indicates record revenues of over €1.6 billion for the group in 2013

Cologne, Germany, 20-1-2014 — /EuropaWire/ — According to an initial estimate, TÜV Rheinland achieved record revenues of over €1.6 billion in 2013, continuing its growth both on the German domestic market and at international level. Adjusted to currency fluctuation, the global testing … Read the full press release

Telecommunications services operator VimpelCom Ltd announced its 2014 financial calendar

Amsterdam, the Netherlands, 20-1-2014 — /EuropaWire/ — “VimpelCom Ltd.” (“VimpelCom”, “Company” or “Group”) (NASDAQ:VIP), a leading global provider of telecommunications services, announces its financial calendar for the year of 2014. The Company aims to publish its earnings in 2014 at the following dates: … Read the full press release

Euler Hermes adds specialized Single Risk & Political Risk insurance team based in Singapore

Hong Kong / Singapore, 17-1-2014 — /EuropaWire/ — Euler Hermes, the world’s leading provider of trade credit insurance, is expanding its services in Asia Pacific with the addition of a specialized Single Risk & Political Risk insurance team based in Singapore. … Read the full press release

Solunion consolidates former Chile, Colombia and Mexico activities of its joint venture shareholders Euler Hermes and MAPFRE

Madrid, Spain, 17-1-2014 — /EuropaWire/ — Following local regulatory approvals, Solunion will consolidate the former Chile, Colombia and Mexico activities of its joint venture shareholdersEuler Hermes and MAPFRE. Solunion provides credit insurance solutions with the world’s largest risk database and the widest … Read the full press release

wpd europe GmbH buys Finish wind farm project Tohkoja from Fortum

Bremen, Germany, 17-1-2014 — /EuropaWire/ — wpd europe GmbH buys the wind farm project Tohkoja, situated on Finland’s west coast, from Finnish energy provider Fortum. wpd is planning the project with up to 26 wind turbines and an overall capacity of up … Read the full press release

Arvato Financial Solutions to acquire Dutch pay-after-delivery payment services provider AfterPay

Gütersloh, Germany, 17-1-2014 — /EuropaWire/ — Arvato Financial Solutions is taking over the Dutch payment services provider “AfterPay.” The company, which the Arvato subsidiary has cooperated with for the past two years, is a provider of “pay after delivery” payment solutions … Read the full press release

Bertelsmann Asia Investments fund sells two holdings in China worth $71 million

Bertelsmann Asia Investments fund sells two holdings worth $71 million Holdings in 25 companies and funds Growth in media, services and education planned  Beijing, China, 17-1-2014 — /EuropaWire/ — Bertelsmann is advancing its profitable growth in China: The international media company’s Bertelsmann … Read the full press release

MAPFRE abre un nuevo Centro del Automóvil en Valencia

El centro prevé dar servicio a unos 8.000 vehículos al año y tiene capacidad para albergar hasta 27 vehículos al día Madrid, Spain, 16-1-2014 — /EuropaWire/ — MAPFRE abre un nuevo Centro del Automóvil en Valencia (C/ Dels Gremis, 8) para prestar un … Read the full press release