Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

KfW IPEX-Bank to finance the construction of the most efficient power plant in Southeast Asia

Hermes-covered loan of USD 265 million State-of-the-art power plant construction in the Philippines Key German technology from Siemens facilitates lower-CO2 energy production at optimal efficiency Frankfurt, Germany, 11-7-2014 — /EuropaWire/ — KfW IPEX-Bank is financing the construction of a 414 MW combined cycle … Read the full press release

HSH Nordbank AG market survey: Confidence among shipping companies in the industry continues to grow

Shipping companies predict increased turnover and profits in 2014 Strong dynamic growth and increasing rates are expected in the bulk carrier market Shipping companies also see market opportunities for smaller and very large container vessels A wave of new construction … Read the full press release

pbb Deutsche Pfandbriefbank provides SEK 310 million to Fastighets AB for portfolio of eight residential let schemes located in the university city of Uppsala

Munich/Stockholm, 8-7-2014 — /EuropaWire/ — pbb Deutsche Pfandbriefbank has provided a SEK 310 million (approx. € 35 million) financing to Fastighets AB Linrepan, a wholly owned subsidiary of Hyresbostäder i Sverige II AB, managed by Obligo Investment Management AS. The transaction closed … Read the full press release

BBVA becomes the first global banking group to commercially launch mobile NFC payments based on the new cloud-based payment specifications from Visa

Visa’s Cloud Based Payments specification enables international expansion of BBVA Wallet from Spain to Mexico, Chile and the US this year London,  4-7-2014 — /EuropaWire/ — BBVA today becomes the first global banking group to commercially launch mobile NFC payments based … Read the full press release

pbb Deutsche Pfandbriefbank to provide €21m medium-term acquisition facility to CBRE European Shopping Centre Fund for its acquisition of “Galeria Mazovia” in Plock, Poland

Munich/Warsaw/London,  4-7-2014 — /EuropaWire/ — pbb Deutsche Pfandbriefbank has agreed a € 21 million medium-term acquisition facility for the CBRE European Shopping Centre Fund managed and advised by CBRE Global Investors for its acquisition of the shopping centre “Galeria Mazovia” in … Read the full press release

pbb Deutsche Pfandbriefbank and UniCredit Bank Austria AG to provide € 215 million senior facility to refinance Point Park Properties´existing logistics portfolio

Munich/Vienna/Prague/London, 4-7-2014 — /EuropaWire/ — pbb Deutsche Pfandbriefbank and UniCredit Bank Austria AG have jointly underwritten a € 215 million senior facility to refinance Point Park Properties´ (P3’s) existing logistics portfolio in the Czech Republic, Slovakia and Poland. The transaction closed … Read the full press release

Banque Internationale à Luxembourg (BIL) now accepts submissions for the 8th ‘Woman Business Manager of the Year Award’

Luxembourg, 4-7-2014 — /EuropaWire/ — The 2014 ‘Woman Business Manager of the Year Award’ is an opportunity for Banque Internationale à Luxembourg (BIL) to once again highlight examples of female talent. Applications must be submitted by email by Wednesday 15 October 2014. … Read the full press release

Schindler to make further CHF 40 million impairment to the book value of its Hyundai Elevator participation in view of Hyundai Elevator share price weakness

Ebikon, Switzerland, 4-7-2014 — /EuropaWire/ — The price of the shares of Hyundai Elevator Co. Ltd., South Korea (Hyundai Elevator) suffered further declines in June and has reached new lows in the past few days, despite the positive trends the company reported in … Read the full press release

Eurex Group recorded an average daily volume of 8.0 million contracts in June

Eschborn, Germany, 4-7-2014 — /EuropaWire/ — In June, the international derivatives exchanges of Eurex Group recorded an average daily volume of 8.0 million contracts (June 2013: 10.1 million). Of those, 6.0 million were Eurex Exchange contracts (June 2013: 8.1 million), and 2.0 … Read the full press release

Halifax introduced new savings rates across its range of its ISA accounts

SCOTLAND, 4-7-2014 — /EuropaWire/ — In line with the launch of the ‘NISA’ Halifax has today introduced new savings rates across its range of its ISA accounts. The new rates on the Halifax ISA Saver Fixed, ISA Saver Variable and ISA Saver Online … Read the full press release

EY report: Global mining sector to require complete business transformations to reverse decade-long decline in productivity

The decade-long decline in productivity in the global mining sector will require complete business transformations to reverse, according to a new EY report. Sydney, 4-7-2014 — /EuropaWire/ — Commenting on the release today of Productivity in mining: A case for broad transformation, EY … Read the full press release

Wearable banking: CaixaBank launched Visa wristband allowing users to make easy payments at merchants using the contactless system

The bank plans to distribute the gadget to 15,000 customers this summer This is the largest programme in Europe to use wearable devices to make real Visa payments. The wristband supports fast and convenient payments, with users simply having to … Read the full press release

HSBC’s savings map of Britain: average savings increased 15 per cent over the past year

Popularity of alternatives to deposit savings increasing LONDON, 3-7-2014 — /EuropaWire/ — Britain’s savings have increased over the past year, with the average savings pot rising to £20,844, up 15 per cent from £17,664 in 2013, according HSBC’s savings map of … Read the full press release

Deutsche Boerse launches Open Innovation forum to keep the group at the cutting edge of financial market innovation

Frankfurt, 2-7-2014 — /EuropaWire/ — Open Innovation forum is Deutsche Boerse’s latest initiative to keep the group at the cutting edge of financial market innovation. Open Innovation will for the first time establish a group-wide and systematic approach to attract external partners … Read the full press release

first direct launches branded cash machines to be installed at various railway stations

Leeds, England, 2-7-2014 — /EuropaWire/ — For the first time in its 25 year history, leading direct bank first direct is taking its brand onto the high street. Twelve first direct branded cash machines will be installed at various railway stations over the next two weeks. In line with … Read the full press release

RBS launches £25m Tooling Finance funding specifically aimed at suppliers in the automotive industry

Edinburgh, Scotland, 30-6-2014 — /EuropaWire/ — RBS today launches £25m of funding specifically aimed at suppliers in the automotive industry. RBS is the first bank to offer bespoke Tooling Finance and has done so in response to the urgent need for funding … Read the full press release

Deutsche Bank AG announced it completed approximately EUR 8.5 bn capital increase to reinforce its 2015+Strategy

Gross proceeds of approximately EUR 8.5 bn Common Equity Tier 1 (CET1) ratio on a fully-loaded CRD4 basis increases from 9.5% as of the end of the first quarter of 2014 to a pro forma 12.0% Frankfurt am Main, 7-6-2014 — … Read the full press release

Allianz: supertall construction boom pose new challenges for insurers, architects and contractors

2014 sees the 100th “supertall” building of over 300 meters built worldwide. More than half of world’s tallest buildings have been built in last four years, with the total supertall category almost tripling in the last seven years. The high rise … Read the full press release

BNP Paribas subsidiary Arval to form joint-venture with Qiangshen subsidiary Shanghai Ba-shi Car Rental Service Co. LTD.

Shanghai, 27-6-2014 — /EuropaWire/ — On June 19 2014, Arval, a subsidiary of BNP Paribas and an expert in the full-service leasing of multi-brand vehicles to companies, closed a deal with Shanghai Ba-shi Car Rental Service Co. LTD., a subsidiary of Qiangshen, … Read the full press release