Tag Archives: European Central Bank

Crédit Agricole Advances Strategic Stake in Banco BPM to 19.8% Amid Long-Term Investment Plans

Posted on 2, April 2025 by

(IN BRIEF) Crédit Agricole S.A. has announced that it has been authorized by the European Central Bank to exceed a 10% stake in Banco BPM S.p.A., allowing it to hold up to 19.9% of the bank’s share capital under the … Read the full press release →

Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Investment, Italy, Management, News

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

Posted on 10, February 2025 by

(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 →

Posted in Business, Economy, Financial, Industrial, Investment, Management, Marketing, News, Technology, United Kingdom

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Dr. Dirk Schumacher Appointed Chief Economist of KfW Group, Bringing Extensive Economic Expertise

Posted on 7, January 2025 by

(IN BRIEF) Dr. Dirk Schumacher has been appointed as the new Chief Economist of KfW Group, effective 1 April 2025. With a doctorate in economics, Schumacher brings extensive experience from his previous roles at Commerzbank, Goldman Sachs, the European Central … Read the full press release →

Posted in Banks, Business, Economy, Financial, Germany

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ING Names Karl Guha as Proposed New Chairman of Supervisory Board

Posted on 3, March 2023 by

(IN BRIEF) ING has announced its intention to appoint Karl Guha to its Supervisory Board, effective immediately after the Annual General Meeting on April 24, 2023. Pending approval by the AGM, Guha will succeed Hans Wijers as the board’s new … Read the full press release →

Posted in Banks, Financial, Management, Netherlands

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Credit Suisse: The risk of inflation in Switzerland and Europe is too low for the European Central Bank and Swiss National Bank to raise key interest rates

Posted on 15, September 2021 by

Credit Suisse publishes “Monitor Switzerland” for Q3 2021 (PRESS RELEASE) ZÜRICH, 15-Sep-2021 — /EuropaWire/ — Credit Suisse, a global wealth manager, investment bank and financial services firm, has announced the release of its quarterly “Monitor Switzerland” for Q3 2021. The … Read the full press release →

Posted in Banks, Economy, Financial, Investment, News, Switzerland

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

Posted on 18, December 2020 by

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 →

Posted in Banks, European Union, Financial, Germany, Management, News

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European Central Bank publishes draft regulation on statistical reporting requirements for euro area pension funds

Posted on 27, July 2017 by

ECB publishes, for public consultation, the draft regulation on statistical reporting requirements for pension funds The draft regulation is aimed at increasing transparency in this fast-growing sector of the financial services industry The period of consultation runs from today until … Read the full press release →

Posted in Banks, Financial, Germany

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

Posted on 19, October 2016 by

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 →

Posted in Banks, Business, European Union, Financial, Investment

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

Posted on 6, July 2016 by

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 →

Posted in Banks, European Union, Government, Security & Safety

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

Posted on 5, May 2016 by

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 →

Posted in Banks, European Union, Financial, Government

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

Posted on 25, January 2016 by

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 →

Posted in Banks, Financial, Germany, Law

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Oesterreichische Nationalbank: European Central Bank’s comprehensive assessment results in capital increases at Sberbank Europe and VTB Bank Austria

Posted on 16, November 2015 by

VIENNA, 16-11-2015 — /EuropaWire/ — In 2015, another nine European banks were subjected to the European Central Bank’s (ECB) comprehensive assessment. Among these institutions are two Russian subsidiaries that run their European business from Vienna, Sberbank Europe (SBE) and VTB … Read the full press release →

Posted in Austria, Banks, European Union, Financial, Government, Russia

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Lithuania becomes the 19th member state of the euro area

Posted on 6, January 2015 by

BRUSSELS, 06-1-2015 — /EuropaWire/ — On 1 January 2015 Lithuania became the 19th member state of the euro area, with euro coins and banknotes entering circulation on the same day. The country joined a number of euro area institutions and euro-related … Read the full press release →

Posted in Belgium, European Union, Financial, Lithuania

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European Central Bank released the euro area bank lending survey results for July 2014

Posted on 31, July 2014 by

Credit standards on loans to enterprises were eased by banks in net terms, for the first time since the second quarter of 2007. Banks reported a narrowing of their margins on riskier loans to enterprises, for the first time since … Read the full press release →

Posted in Banks, Business, European Union, Financial, Germany, Investment

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European Central Bank’s annual report shows TARGET2, Europe’s leading large-value payment system, processed 2.1% more payments in 2013

Posted on 22, May 2014 by

TARGET2 processed 91% of the total value settled by large-value euro payment systems Value of transactions decreased by 22.2% on account of new data collection methodology Almost 57,000 credit institutions across the world can be addressed via the system Frankfurt … Read the full press release →

Posted in Banks, European Union, Financial, Germany, Management

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Banco de España director Linette Field appointed deputy director-general of Single Supervisory Mechanism at European Central Bank

Posted on 9, May 2014 by

Madrid, 9-5-2014 — /EuropaWire/ — Linette Field, the current Head of Division of the Directorate General Micro-Prudential Supervision II of the European Central Bank, has been appointed to head one of the six Deputy Directorates General of the Single Supervisory Mechanism (SSM), which … Read the full press release →

Posted in Banks, Business, European Union, Financial, Management, Spain

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EU residents can discover the new €10 banknote’s security features in competition launched by ECB

Posted on 16, December 2013 by

Prior to the unveiling of the new €10 in January 2014, European Union residents can discover the note’s security features in a competition to be launched today. 20 high-scoring players will win €5 VIP banknotes from the Europa series personally … Read the full press release →

Posted in Banks, European Union, Financial, Germany, Government, Security & Safety

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EU and ECB to help National Bank of Serbia (NBS) prepare to join the European System of Central Banks (ESCB)

Posted on 16, December 2013 by

Frankfurt, Germany, 16-12-2013 — /EuropaWire/ — National Bank of Serbia, the European Union (EU) Delegation to Serbia and the European Central Bank (ECB) today celebrated the completion of an extensive cooperation agreement with the National Bank of Serbia (NBS) to help the … Read the full press release →

Posted in Banks, European Union, Financial, Germany, Government, Serbia

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EC, ECB statement on the 4th review of Spain financial assistance programme

Posted on 1, October 2013 by

Brussels, Belgium, 01-10-2013 — /EuropaWire/ — A delegation from the European Commission, in liaison with the European Central Bank, carried out the fourth review of the financial sector assistance programme for Spain from 16 September to 27 September 2013. The International Monetary … Read the full press release →

Posted in Banks, Economy, European Union, Financial, Government, Spain

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ECB’s EUROPEAN CULTURAL DAYS to feature artists from the next country to adopt the euro Latvia

Posted on 17, September 2013 by

17-9-2013 — /EuropaWire/ — This year’s EUROPEAN CULTURAL DAYS of the European Central Bank (ECB) features artists from Latvia – the next country to adopt the euro. Under the motto “Enchanting Latvia”, a range of cultural venues across Frankfurt am Main will … Read the full press release →

Posted in Art & Culture, Banks, Financial, Germany, Latvia

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