Tag Archives: credit

ING intends to compensate its Dutch revolving consumer loans customers following rulings by the Dutch Institute for Financial Disputes

(PRESS RELEASE) AMSTERDAM, 20-Oct-2021 — /EuropaWire/ — ING (AMS: INGA), a global financial institution of Dutch origin, has announced it will offer compensation to its Dutch retail customers with certain revolving consumer loans where the variable interest rate did not … Read the full press release

Orange to increase the capital of its bank with EUR 230 million; buys Groupama’s stake

(PRESS RELEASE) PARIS, 1-Oct-2021 — /EuropaWire/ — Orange S.A. (EPA: ORA), a French multinational telecommunications group, has announced it will invest EUR 230 million in its bank (Orange Bank) to increase the capital and speed up the growth projects envisaged … Read the full press release

PIMCO enhances its muni platform and capabilities for clients with the acquisition of Gurtin Municipal Bond Management

In acquiring Gurtin Municipal Bond Management, which serves high and ultra-high net worth individuals, PIMCO invests in broadening and enhancing its muni platform and capabilities for clients. The combined business will manage $38 billion in dedicated municipal bond assets with … Read the full press release

Euler Hermes: Sweden’s exporting SMEs can now assess the credit worthiness of potential business partners in 24 European countries

Credable, a Swedish insurtech start-up which is part of Euler Hermes, offers an innovative new service: invoice insurance for SMEs, based on traditional trade credit insurance. Credable is now providing cover for Swedish SMEs in 24 European countries. In line … Read the full press release

Societe Generale: Fromageries Bel extends the maturity of its € 520 million multi-currency revolving credit facility

PARIS, 11-Jan-2018 — /EuropaWire/ — On December 21, 2017, Fromageries Bel signed an addendum to extend the maturity of its € 520 million multi-currency revolving credit facility and, on that occasion, chose to include environmental and social impact criteria. The maturity … Read the full press release

EUR 500m loan agreement between EIB and Instituto de Crédito Oficial, Spain

20-5-2013 — /europawire.eu/ — The European Investment Bank (EIB) has signed a EUR 500 million loan agreement with the Instituto de Crédito Oficial (ICO) designed to boost the amount of credit available to SMEs and midcaps (companies with up to 3 000 employees), … Read the full press release

Clarification by the Central Bank of Cyprus (CBC) in response to media reports with regard to a paper by the European Central Bank (ECB)

Paper on the framework for resolution of credit and other institutions 16-4-2013 — /europawire.eu/ — In response to media reports with regard to a paper by the European Central Bank (ECB), in relation to the recovery and resolution of banks, the … Read the full press release