(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
Tagged ABN Amro, appointment, Chairman, European Central Bank, Goldman Sachs, Hans Wijers, ING, international banking, Karl Guha, leadership, McKinsey, UNICREDIT, Van Lanschot Kempen
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
Tagged Credit Suisse, economists, European Central Bank, inflation, Interest rates, pandemic, Swiss economy, Swiss National Bank
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
Tagged appointment, ECB, European Central Bank, European Parliament, Frank Elderson, Irene Tinagli, nomination, Olaf Scholz, Peter Ehrlich, Supervisory Board, Yves Mersch
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
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
Tagged credit standards, ECB, Euro area banks, European Central Bank, loans
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
Tagged ECB, euro banknotes, European Central Bank, €50 banknote
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
Tagged banknote, ECB, European Central Bank
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
Tagged counterfeit euro banknotes, ECB, European Central Bank
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
Tagged European Central Bank, Oesterreichische Nationalbank, Sberbank Europe, VTB Bank Austria
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
Tagged banking union, Donald Tusk, euro area, Euro Summit, European Central Bank, European Stability Mechanism, Eurosystem, Lithuania
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
Tagged euro area bank, European Central Bank, lending survey results for July 2014
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
Tagged European Central Bank, Europe’s leading large-value payment system, TARGET2
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
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
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
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
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
Tagged adopt the euro, Aigars Reinis, Ainārs Rubiķis, Alvis Hermanis, artists, Baiba Skride, Bulgarian composer Dobrinka Tabakova, Camille Saint-Saëns, Deutsche Architekturmuseum, Dobrinka Tabakova, ECB's EUROPEAN CULTURAL DAYS, Enchanting Latvia, Ēriks Ešenvalds, Euro, European Central Bank, EUROPEAN CULTURAL DAYS, Gesellschaftshaus Palmengarten, Ilmārs Rimšēvičs, Latvia, Latvian National Symphony Orchestra, Latvian Radio Choir, Latvijas Banka, Mario Draghi, Pēteris Barisons, Pēteris Vasks, Professor Oskars Redbergs, Reinhold Friedrich, Reinis Zariņš, Richard Wagner, Riga, Rihards Dubra, State Chamber Orchestra “Sinfonietta Rīga”, The Latvian State Choir “Latvija”
17-9-2013 — /EuropaWire/ — The Bank of England and European Central Bank (ECB) are today announcing an extension of their temporary reciprocal swap agreement (swap line) to Tuesday 30 September 2014. The swap line was established in December 2010 to enable the … Read the full press release
Posted in Banks, Business, Financial, Germany, Government, Investment, United Kingdom
Tagged Euro, European Central Bank, reciprocal swap agreement, sterling, sterling liquidity, swap line, The Bank of England
16-7-2013 — /europawire.eu/ — Card fraud has been on a declining trend since 2007, thanks to technological advances that are making transactions safer. This is the main conclusion of the second report on card fraud published today by the European Central … Read the full press release
Posted in Banks, Business, European Union, Financial, Government, Law, Security & Safety
Tagged card, card fraud, European Central Bank, FRAUD, safer card transactions, SEPA, Single Euro Payments Area
Brussels, 4-6-2013 — /europawire.eu/ — A delegation from the European Commission, in liaison with the European Central Bank, the European Stability Mechanism and the European Banking Authority, carried out the third review of the financial sector assistance programme for Spain from … Read the full press release
Posted in Banks, Belgium, Business, Economy, European Union, Financial, Government, Politics, Spain
Tagged bank restructuring, EC, ECB, European Banking Authority, European Central Bank, European Stability Mechanism, International Monetary Fund, SAREB, solvency, solvency rates, Spain, Spanish asset management company, Spanish financial markets, statement
Brussels, 9-5-2013 — /europawire.eu/ — Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) visited Dublin during April 23rd – May 2nd, 2013 for the tenth review of the government’s economic programme and met with … Read the full press release
7-5-2013 — /europawire.eu/ — The Governing Council of the European Central Bank (ECB) has today decided to continue conducting its main refinancing operations (MROs) as fixed rate tender procedures with full allotment for as long as necessary, and at least until … Read the full press release
3-5-2013 — /europawire.eu/ — At today’s meeting, which was held in Bratislava, the Governing Council of the ECB took the following monetary policy decisions: The interest rate on the main refinancing operations of the Eurosystem will be decreased by 25 basis … Read the full press release
Posted in Banks, Business, Economy, European Union, Financial, Germany, Government, Slovakia
Tagged ECB, European Central Bank, Eurosystem, interest rate, Monetary policy decisions
29-4-2013 — /europawire.eu/ — MEPs quizzed European Central Bank Vice-President Vitor Constancio on what more can be done to help credit flow to businesses and households, whether austerity is the right recipe, ECB transparency and possible interest rate cuts at Wednesday’s … Read the full press release
Posted in Banks, Belgium, Business, Economy, European Union, Financial, France, Government, Politics, Society
Tagged Austerity, credit flow, crisis, ECB, Emergency Liquidity Assistance, European Central Bank, Gianni Pittella, interest rate cuts, lend, liquidity, MEPs, rate cut, structural reforms, Vitor Constancio
29-4-2013 — /europawire.eu/ — The EIB is one of “five major building blocks” for economic recovery and sustainability according to an editorial article published today in the International Herald Tribune and co-signed by Olli Rehn, European Commissioner for economic and monetary affairs; Jeroen … Read the full press release
Posted in Banks, Belgium, Business, Economy, European Union, Financial, Government, Investment, Politics
Tagged 10bn capital increase, Brookings Institution, ECB, economic recovery, EIB, ESM, European Central Bank, European Investment Bank, International Herald Tribune, investments, Jeroen Dijsselbloem, Jorg Asmussen, Klaus Regling, lending, Olli REHN, uropean Stability Mechanism, Washington DC, Werner Hoyer
24-4-2013 — /europawire.eu/ — The European Central Bank (ECB) is publishing its report on the results of the April 2013 euro area bank lending survey today. The bank lending survey, which is conducted four times a year, usually at the … Read the full press release
Posted in Banks, Business, Economy, European Union, Financial, Germany, Government, Investment
Tagged bank, bank lending, bank lending behaviour, bank lending survey, banks’ funding conditions, credit margins, credit standards, ECB, euro area, European Central Bank, Eurosystem, financial market tensions, Frankfurt am Main, lending, sovereign debt crisis, survey, wholesale funding
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