Tag Archives: lending

ING to invest £5 million in the UK fintech Funding Options

ING has invested £5 million in Funding Options, the UK fintech company that offers a marketplace for lending to SMEs. AMSTERDAM, 20-Sep-2018 — /EuropaWire/ — The investment gives ING a minority interest in the platform. Funding Options is keen to use … Read the full press release

Deutsche Börse Group acquires minority stake n HQLAx S.à r.l.

FRANKFURT, 29-Aug-2018 — /EuropaWire/ — Deutsche Börse strengthens commitment to new technologies in the post-trade sector / Significant progress in creating innovative blockchain solution to tackle fragmentation of securities lending market Deutsche Börse Group has just made an initial investment … Read the full press release

Legion Finance Trade Limited (LFTL) Loan for Hydraulic Fittings for Construction Machinery and Automobiles Manufacturing in Malta Island

Malta Island, 26-Aug-2018 — /EuropaWire/ — The Legion Finance Trade Limited (LFTL) Investors Group signed today a loan agreement amounting up to €210 Million Euro with OSKAL IMPERIOLIZMA LTD, a Malta Island based Hydraulic Fittings for Construction Machinery a fully … Read the full press release

The Grameen Crédit Agricole Foundation loans USD 2 million to FINCA Microfinance Company Jordan for on-lending to MSMEs

Credit facility will help drive financial inclusion by expanding access to working capital loans Montrouge, France, 13-Apr-2018 — /EuropaWire/ — The Grameen Crédit Agricole Foundation will provide a USD 2 million loan to FINCA Microfinance Company Jordan (FINCA Jordan), a FINCA … 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

The EY Eurozone Financial Services Forecast (EEFSF): business lending expected to drop by €211b in 2014

London, UK, 7-1-2014 — /EuropaWire/ — This year the Eurozone will experience annual GDP growth for the first time since 2011, but at just 0.9% the growth will not be strong enough to support a level of uplift in financial services that … Read the full press release

The European Investment Bank to lend EUR 200 million for Magyar Telekom’s mobile and fixed broadband telecommunications infrastructure upgrade

The European Investment Bank (EIB) is lending HUF 60 billion (some EUR 200 million) to finance theimprovement of availability and increase in quality of Magyar Telekom’s mobile and fixed broadband telecommunications infrastructure. Luxembourg / Budapest, Hungary, 13-12-2013 — /EuropaWire/ — EIB Vice-President László Baranyay, who is responsible … Read the full press release

National Bank of Greece released domestic private sector bank credits June 2013 figures

29-7-2013 — /EuropaWire/ — The annual growth rate of total credit extended to the domestic private sector stood at -4.1% in June 2013, from -3.7% in the previous month. The net flow of total credit to the domestic private sector was … Read the full press release

EIB provides $150M loan to Vnesheconombank Russia

24-6-2013 — /europawire.eu/ — The European Investment Bank (EIB) is lending USD 150 million to Vnesheconombank (VEB) to finance its participation in the International Fund to Support Entrepreneurship that is being set up by VEB and KfW. EIB funds will enable … Read the full press release

EC adopts proposal to strengthen EIB lending outside the EU over the next seven years

Brussels, 24-5-2013 — /europawire.eu/ — The European Commission has today adopted a proposal on financing operations in support of investment projects outside the EU by the European Investment Bank (EIB), on the basis of an EU budgetary guarantee. The proposal streamlines the … Read the full press release

EBRD opens €150M credit line to provide loans for energy efficiency and renewables, agriculture and female entrepreneurs in Turkey

New EBRD credit line will provide loans for energy efficiency and renewables, agriculture and female entrepreneurs in partnership with Turkey’s largest bank 21-5-2013 — /europawire.eu/ — Turkey relies on small and medium-sized enterprises (SMEs) for 80 per cent of its employment … Read the full press release

The European Investment Bank will step up its annual lending by more than 40 percent, to around EUR 70bn

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

ECB report on the results of the April 2013 euro area bank lending survey

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

KfW IPEX-Bank increased its credit business by EUR 1.4b to EUR 12.9b in 2012

Balance sheet 2012: KfW IPEX-Bank holds steady course Increase in new commitments in original credit business to EUR 12.9 billion Contribution to ensuring KfW’s promotional capacity: Subsidiary KfW IPEX-Bank generates EUR 298 million of KfW’s consolidated earnings Operating income of … Read the full press release