Tag Archives: ECB

AFME’s Inaugural Report Highlights Rapid Growth and Opportunities in DLT Capital Markets

(IN BRIEF) The Association for Financial Markets in Europe (AFME) has published its inaugural Distributed Ledger Technology (DLT) Capital Market report, offering valuable insights into the global market’s growth in DLT issuance and related secondary market activities. The report highlights … Read the full press release

ING Group Announces €2.5 Billion Share Buyback Program for CET1 Ratio Optimization

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING Group has initiated a €2.5 billion share buyback program to enhance its Common Equity Tier 1 (CET1) ratio. The move follows ING’s aim to converge its CET1 ratio toward a target of approximately 12.5%, as announced earlier … Read the full press release

ING Launches Share Repurchase Programme to Support Share-Based Compensation Plans

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has announced a share repurchase programme, under which it plans to repurchase ordinary shares of ING Groep N.V. for up to €50 million to meet obligations under share-based compensation plans. The programme is expected to start on … Read the full press release

Intesa Sanpaolo Group, Italy’s largest banking group, has met the capital requirement set by the European Central Bank (ECB) following the results of the Supervisory Review and Evaluation Process (SREP)

(PRESS RELEASE) TURIN / MILAN, 3-Feb-2022 — /EuropaWire/ — Intesa Sanpaolo Group (BIT: ISP), Italy’s largest banking group, has announced it met the capital requirement set by the European Central Bank (ECB) following the results of the Supervisory Review and … Read the full press release

ING initiates the repurchase of ordinary shares of ING Groep as part of €1.7 billion share buyback programme

(PRESS RELEASE) AMSTERDAM, 1-Oct-2021 — /EuropaWire/ — ING (AMS: INGA), a Dutch multinational banking and financial services group, has announced the start of a share buyback programme under which it plans to repurchase ordinary shares of ING Groep, with a … Read the full press release

European Central Bank announces the proposed appointment of Frank Elderson as Vice-Chair of its Supervisory Board

EU Council to give final approval after parliamentary vote (PRESS RELEASE) FRANKFURT, 18-Dec-2020 — /EuropaWire/ — The Governing Council of the European Central Bank (ECB) has submitted a proposal to European Parliament for the appointment of ECB Executive Board member … Read the full press release

COVID-19: Dutch banking and financial group Rabobank postpones dividend payments until at least Oct 2020

COVID-19: Dutch banking and financial group Rabobank postpones dividend payments until at least Oct 2020

(PRESS RELEASE) UTRECHT, 30-Mar-2020 — /EuropaWire/ — Dutch multinational banking and financial group Rabobank has announced it will not make distributions on its Rabobank Certificates in March, June and September 2020. Decision follows recent ECB and DNB announcements. Herewith Rabobank … 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

High-level conference on ‘Investment, Technological Transformation and Skills’, Luxembourg, 28 – 29 November 2018

Interview and briefing opportunities with EIB Vice-President Andrew McDowell, EIB Director of Economics Debora Revoltella,  Director of the Center on Global Economic Governance at Columbia University Professor Jan Svejnar. KIRCHBERG, Luxembourg, 28-Nov-2018 — /EuropaWire/ — On 28 and 29 November, the … Read the full press release

ECB’s SREP: Groupe BPCE is positioned well above the prudential capital requirements applicable in 2018

THE ECB HAS COMMUNICATED TO GROUPE BPCE ITS PRUDENTIAL CAPITAL REQUIREMENTS FOR 2018: PILLAR 2 “REQUIREMENT” REMAINS UNCHANGED PARIS, 28-Dec-2017 — /EuropaWire/ — Groupe BPCE has received notification from the European Central Bank concerning the results of the Supervisory Review and … Read the full press release

ECB appointments: Hans-Joachim Klöckers as Director General Economic Developments; Massimo Rostagno as Director General Monetary Policy

Hans-Joachim Klöckers becomes Director General Economic Developments Massimo Rostagno becomes Director General Monetary Policy Appointments effective as of 1 August 2017 Frankfurt am Main, 27-Jul-2017 — /EuropaWire/ — The Executive Board of the European Central Bank (ECB) has appointed Hans-Joachim Klöckers … Read the full press release

ECB: 331,000 counterfeit euro banknotes withdrawn from circulation in 1H 2017

331,000 counterfeit euro banknotes were withdrawn from circulation in the first half of 2017 Around 85% of the counterfeits were €20 and €50 banknotes All euro banknotes can be verified using the “feel, look and tilt” method Euro banknotes continue … Read the full press release

ECB Survey of Professional Forecasters (SPF) for Q3 2017: inflation of 1.5%, 1.4% and 1.6% in 2017, 2018 and 2019

HICP inflation expectations have been revised downwards for 2017, 2018 and 2019. Longer-term HICP inflation expectations remain unchanged at 1.8%. Expectations for HICP excluding food and energy have been revised upwards for 2017, but remained unchanged for forecast horizons further … Read the full press release

Intesa Sanpaolo meets ECB’s capital requirement

TURIN/MILAN, 13-Dec-2016 — /EuropaWire/ — Intesa Sanpaolo has received notification of the ECB’s final decision concerning the capital requirement that the Bank has to meet, on a consolidated basis, as of 1 January 2017, following the results of the Supervisory Review … Read the full press release

European Central Bank (ECB): Unchanged credit standards on loans to enterprises reported by Euro area banks in 3Q2016

Loan demand continued to increase across all loan categories, while credit supply conditions remained unchanged for enterprises and improved for households The general low level of interest rates played an important role in contributing to demand for loans to enterprises … Read the full press release

European Central Bank (ECB) makes euro banknotes even more secure; unveils new €50 banknote

New €50 banknote will start circulating on 4 April 2017 €50 is the most widely used euro banknote New secure banknotes underline Eurosystem’s commitment to cash FRANKFURT AM MAIN, 06-Jul-2016 — /EuropaWire/ — The European Central Bank (ECB) today unveiled the … Read the full press release

Governing Council of the European Central Bank (ECB) to permanently stop producing the €500 banknote and to exclude it from the Europa series

ECB has decided to discontinue production and issuance of €500 banknote Europa series of euro banknotes will not include the €500 €500 banknote remains legal tender and will always retain its value Frankfurt am Main, 05-May-2016 — /EuropaWire/ — Today (4 … Read the full press release

European Central Bank (ECB): 445,000 counterfeit euro banknotes withdrawn from circulation in the second half of 2015

445,000 counterfeit euro banknotes were withdrawn from circulation in the second half of 2015. 83% of the counterfeits were €20 and €50 banknotes. All euro banknotes can be verified using the “feel, look and tilt” method. Euro banknotes continue to … Read the full press release

ECB: Credit standards for all loan categories eased in the third quarter of 2014 according to the October bank lending survey (BLS)

Net easing of credit standards continued for all loan categories in Q3 2014, although risk concerns re-emerged. Demand for loans increased across all loan categories but the contribution of firms’ financing needs related to fixed investment returned to negative territory. … Read the full press release

Swiss National Bank announced the fourth gold agreement between central banks in Europe

Zurich, 19-5-2014 — /EuropaWire/ — The Swiss National Bank (SNB), the European Central Bank (ECB), the central banks of the euro area (Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, Spain) … Read the full press release