Tag Archives: banks

Credit Conditions Improve in CESEE as Banks Show Optimism Amid Economic Uncertainties

(IN BRIEF) The CESEE Bank Lending Survey by the European Investment Bank (EIB) reveals a recovery in credit demand and supply across Central Eastern and South-Eastern Europe, driven by increased consumer confidence and improved lending conditions, particularly for SMEs. Retail … Read the full press release

BBVA Recognized as a Global Leader in AI, Ranking 13th Among Top Banks Worldwide

(IN BRIEF) BBVA has been ranked as the 13th most advanced bank globally in artificial intelligence (AI) by the Evident AI Index, which assesses AI and data integration in the world’s top 50 banks. BBVA ranks first in Spain and … Read the full press release

Jifiti Granted Electronic Money Institution (EMI) License in Europe

AS A REGULATED E-MONEY ISSUER, JIFITI IS NOW ABLE TO FURTHER SERVE ITS BANK, LENDER AND MERCHANT CUSTOMERS IN EUROPE, AS WELL AS END-USERS, WITH AN EVEN MORE ROBUST SET OF PAYMENT SOLUTIONS. (IN BRIEF) Jifiti, a leading white-labeled embedded … Read the full press release

Groupe BPCE and ESCP Business School Launch Joint Research Chair on Resilience of Mutual and Cooperative Banks

(IN BRIEF) Groupe BPCE and ESCP Business School have signed an agreement to create a new Chair to study the role of mutual and cooperative banking in the world. The Chair will focus on the resilience of mutual and cooperative … Read the full press release

SEB’s leadership position confirmed in Prospera’s Institutional Banking 2022 survey in Nordic countries

(PRESS RELEASE) STOCKHOLM, 11-Jan-2023 — /EuropaWire/ — Skandinaviska Enskilda Banken AB (STO: SEB-A) (SEB), a Swedish financial group leader on the Nordic market, has announced that it has been ranked as the best bank by Nordic financial institutions in Prospera’s … Read the full press release

SEB sustainability advice practice ranked top in a Kantar’s Prospera report across Nordic markets

(PRESS RELEASE) STOCKHOLM, 15-Feb-2022 — /EuropaWire/ — Skandinaviska Enskilda Banken AB (STO: SEB-A) (SEB), a Swedish financial group leader on the Nordic market, has announced that its sustainability advice practice has been ranked top in a Kantar’s Prospera report across … Read the full press release

Ericsson inks 5-year tenor with two 1-year extension options USD 2 billion sustainability-linked revolving credit facility with 18 participating banks

USD 2 billion sustainability-linked revolving credit facility signed Transaction underlines the confidence in Ericsson’s financial and sustainable performance (PRESS RELEASE) STOCKHOLM, 30-Sep-2021 — /EuropaWire/ — Ericsson (NASDAQ: ERIC), a Swedish multinational networking and telecommunications company, has announced the signature of … Read the full press release

Saxo Bank’s longest institutional partnership marks its 20th anniversary

(PRESS RELEASE) COPENHAGEN, 17-Sep-2021 — /EuropaWire/ — Saxo Bank, a Danish investment bank specialized in online trading and investment, has announced the 20th anniversary of its partnership with Portugal’s Banco Carregosa, a wealth management specialist offering advisory, asset management and … Read the full press release

Standard Chartered adds extensive network across Asia, Africa, and the Middle East to the IBOS international banking network

(PRESS RELEASE) SINGAPORE, 8-Jul-2020 — /EuropaWire/ — British multinational banking and financial services group Standard Chartered has announced it has joined the international banking network IBOS Association (IBOS). IBOS members, some of the world’s largest banks, collaborate to serve each … Read the full press release

Deutsche Investitions- und Entwicklungsgesellschaft – DEG will provide $12 million long-term loan to Asia Royal for a hospital in Myanmar

(PRESS RELEASE) COLOGNE, 18-May-2020 — /EuropaWire/ — KfW Group subsidiary Deutsche Investitions- und Entwicklungsgesellschaft – DEG announced it will help Myanmar improve its healthcare system by providing a $12 million long-term loan to Asia Royal Company Ltd. (Asia Royal). The … Read the full press release

Deutsche Bank on joining JPMorgan’s IIN: ancillary payment processes will become safer and more efficient

Deutsche Bank on joining JPMorgan's IIN: ancillary payment processes will become safer and more efficient

Deutsche Bank joins JPMorgan’s Interbank Information Network (PRESS RELEASE) FRANKFURT AM MAIN, 17-Sep-2019 — /EuropaWire/ — Deutsche Bank announced it is joining JPMorgan operated Interbank Information Network (IIN). The blockchain based network allows its member banks to exchange information on … Read the full press release

EBRD supports Romanian MSMEs through €20 million loan to Crédit Agricole Romania

(PRESS RELEASE) LONDON, 11-Sep-2019 — /EuropaWire/ — EBRD and Crédit Agricole Romania sign €20 million loan, in Romanian lei equivalent, to help support local micro, small and medium-sized enterprises (MSMEs), a vital sector of Romania’s economy in terms of wealth … Read the full press release

Intesa Sanpaolo Innovation Center gains access to one of the biggest startup acceleration platforms in the world – The Floor Hong Kong

(PRESS RELEASE) HONG KONG, 20-Mar-2019 — /EuropaWire/ — New partnership has been agreed on by Intesa Sanpaolo Innovation Center and the premier technology platform The Floor Hong Kong. Intesa Sanpaolo Innovation Center is Intesa Sanpaolo Group‘s arm that oversees, implements … Read the full press release

UniCredit’s Core bank NPE ratio was 4.3% in Q3 2018, in line with its EBA sample peers

(PRESS RELEASE) MILAN, 16-Jan-2019 — /EuropaWire/ — Statement with reference to recent media reporting on the non-binding recommendation of the ECB to all banks directly supervised by the Single Supervisory Mechanism (SSM) regarding the coverage of the secured and unsecured NPL … Read the full press release

Consortium of five leading international banks provide USD 264 million six-year revolving credit facility to SCF Group

MOSCOW, 19-Dec-2018 — /EuropaWire/ — Sovcomflot (SCF Group) is pleased to announce that it has entered into a new USD 264 million six-year revolving credit facility with a consortium of five leading international banks, including: Citibank; DVB Bank; ING Bank; Société … Read the full press release

Paul de Leusse to succeed André Coisne as Chief Executive Officer of Orange Bank

PARIS, 10-Oct-2018 — /EuropaWire/ — Orange Bank’s Board of Directors has approved the appointment of Paul de Leusse, who succeeds André Coisne as Chief Executive Officer of Orange Bank, a role he will occupy alongside his role as the Orange … Read the full press release

Barclays launches new digital platform to boost its Corporate Banking operations in Western Europe

European footprint improved through increased investment Digital Corporate Banking platform developed to support multi-country banking More complete range of services available to institutional clients and global corporates Enhanced offering boosted by new hires in Europe LONDON, 26-Sep-2018 — /EuropaWire/ — Barclays … Read the full press release

Roland Berger’s European Retail Banking Survey: Digitalization and new business models have created a growing gap between product creation and product sales in the banking sector

MUNICH, 30-Aug-2018 — /EuropaWire/ — Digitalization and new business models have created a growing gap between product creation and product sales in the banking sector. Digital platforms are already giving incumbent banks’ competitors access to the majority of their customer base … Read the full press release

Barclays is one of only four banks on the Fortune Magazine’s 2018 Change the World List

LONDON, 27-Aug-2018 — /EuropaWire/ — Barclays has been named on Fortune Magazine’s 2018 Change the World List.  The list recognizes companies that have had a positive social impact through activities that are part of their core business strategy. Barclays is one of only four … Read the full press release

Deutsche Bank China with approval to underwrite corporate bonds in China’s Inter-bank Bond Market (CIBM)

Deutsche Bank today announced that it has received approval from the National Association of Financial Market Institutional Investors (NAFMII) to underwrite corporate bonds in China’s Inter-bank Bond Market (CIBM). Frankfurt am Main, Germany/Hong Kong, Beijing, China 13-Jul-2018 — /EuropaWire/ — … Read the full press release