(IN BRIEF) Barclays has completed the acquisition of Tesco Bank’s retail banking business, including credit cards, loans, and deposits, now managed under Barclays UK. This acquisition, supported by a new 10-year partnership with Tesco, will enable Barclays to offer Tesco-branded … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Retail, United Kingdom
Tagged acquisition, Barclays, C.S. Venkatakrishnan, credit cards, deposits, financial services, loans, partnership, retail business, Tesco Bank, Vim Maru
(NOTICIA EN BREVE) Astor Asset Management 3 Ltd, en colaboración con su equipo legal, está formando un grupo de inversores para presentar una demanda colectiva contra Ricardo Salinas Pliego y Grupo Elektra, S.A.B. de C.V. La demanda acusa al Sr. … Read the full press release
Posted in Banks, Business, Financial, Government, Investment, Law, Spain
Tagged acciones, actividades de comercio, Advance America, astor, astor asset management, Astor Asset Management 3 Ltd, class action, class action lawsuit, CNBV, Comisión Nacional Bancaria y de Valores, Corporación RBS SA de CV, Demanda, demanda colectiva, ELEKTRA, elektra.mx, fraude, grupo elektra, Grupo Elektra S.A.B. de C.V., Insider Trading, investigación, lawsuit, loans, manipulación de valores, Mexican regulatory authorities, payday loan company, pignoraciones de acciones, pledges of shares, préstamos, regulatory obligations, ricardo benjamin salinas pliego, salinas pliego, securities backed loan, Securities Fraud, securities regulations, Stock Manipulation, trades, Transparencia en el Comercio Interno
ASTOR ASSET MANAGEMENT 3 LTD INVESTIGATES POTENTIAL LEGAL ACTION OVER ALLEGED STOCK PLEDGING AND MARKET MISCONDUCT (IN BRIEF) Astor Asset Management 3 Ltd is forming a class action lawsuit against Mr. Ricardo Benjamín Salinas Pliego and Grupo Elektra (ELEKTRA) for … Read the full press release
Posted in Business, Financial, Germany, Investment, Law
Tagged Advance America, astor, astor asset management, Astor Asset Management 3 Ltd, class action, class action lawsuit, CNBV, Comisión Nacional Bancaria y de Valores, Corporación RBS SA de CV, ELEKTRA, elektra.mx, grupo elektra, Grupo Elektra S.A.B. de C.V., lawsuit, loans, Mexican regulatory authorities, payday loan company, pledges of shares, regulatory obligations, ricardo benjamin salinas pliego, salinas pliego, securities backed loan, Securities Fraud, securities regulations, Stock Manipulation, trades, Transparency in Insider Trading
(IN BRIEF) The European Investment Bank (EIB) Group has committed over €450 million to support Ukraine’s energy infrastructure ahead of the upcoming winter, including funding for the reconstruction of hydropower plants, electricity grid repairs, and district heating network restoration. Additionally, … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Government, Infrastructure & Utilities, Investment, Luxembourg, Ukraine
Tagged anti-drone shelters, BNP Paribas Group, Brussels, Business Support, Citibank Ukraine, district heating networks, economic resilience, EIB Group, EIB Group President, EIB guarantees, EIF, electricity grid infrastructure, energy system resilience, EU companies, EU foreign ministers, EU-Ukraine trade, EU4Business Guarantee Facility, European Investment Bank, European Investment Fund, export-credit guarantee, Foreign Affairs Council, hryvnia, hydropower plants, InvestEU programme, loans, local-currency lending, MSMEs, Nadia Calviño, partial portfolio guarantees, revolving credit facility, Russian attacks, Sergii Marchenko, UKRAINE, Ukrainian banks, Ukrainian businesses, Ukrainian energy infrastructure, Ukrenergo, UKRSIBBANK, winter support, €300 million, €450 million
(IN BRIEF) ABN AMRO Groenbank is celebrating its fifth anniversary in providing Green Savings Deposits and Green Loans. Launched in 2018, ABN AMRO Groenbank uses client savings from its Green Savings Deposit to help entrepreneurs transition to more sustainable business … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, Netherlands, News
Tagged ABN Amro, Deposit, Green Savings, Groenbank, Krista Overwater, loans, partnership, sustainability, sustainable business
(IN BRIEF) The European Investment Fund (EIF) and Swedish fintech firm Invoier have entered into a significant €58 million guarantee agreement to enhance funding accessibility for small and medium-sized enterprises (SMEs) and other businesses through loans and invoice trading. Supported … Read the full press release
(IN BRIEF) Nordic Investment Bank (NIB) has issued a SEK 2 billion Environmental Bond (NEB), marking its commitment to sustainability. This is NIB’s second NEB this year, following a EUR 500 million issuance in January. The funds raised will support … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has announced the signing of multiple loans during the European Union-Community of Latin American and Caribbean States (CELAC) Summit of Heads of State and Government. These loans will provide financing for climate action … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) Group, in collaboration with BNP Paribas, has launched a synthetic securitisation initiative to support French companies for the third time since 2017. The transaction involves an EIB Group guarantee on an existing loan … Read the full press release
(IN BRIEF) The EBRD is investing $205 million in the construction of three greenfield solar power plants in Uzbekistan. The financial package will be provided to Abu Dhabi Future Energy Company (Masdar), with expected co-financing from the Asian Development Bank, … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment
Tagged Abu Dhabi Future Energy Company, ADB, AIIB, Asian Development Bank, Asian Infrastructure Investment Bank, EBRD, EIB, European Investment Bank, FMO, loans, Masdar, Nur Jizzakh, Nur Samarkand, Nur Sherabad, Paris Agreement, renewable energy, solar power plants, Uzbekistan
(IN BRIEF) Banco BPI and the European Investment Fund (EIF) have signed an agreement to provide up to €155 million in loans to Portuguese small and medium-sized enterprises (SMEs). The agreement, supported by the InvestEU programme, aims to improve access … Read the full press release
Guarantee will enable CGM Finance to provide more financing to social enterprises prioritizing social impact over profit. (IN BRIEF) The European Investment Fund (EIF) has announced an €18.75 million guarantee to CGM Finance, which will be used to finance social … Read the full press release
Posted in Business, European Union, Financial, Luxembourg, News, Small Business, Society, Technology
Tagged CGM Finance, EASI, EGF, EIF, Employment and Social Innovation, European Commission, European Guarantee Fund, Francesco Abbà, InvestEU, Italy, loans, Marjut Falkstedt, Nicolas Schmit, social enterprises, Startups, The European Investment Fund
(IN BRIEF) The European Investment Fund (EIF) and Denmark’s Export and Investment Fund have signed an agreement to provide a sustainability guarantee for new loans to support Danish businesses. The guarantee, backed by the InvestEU program, will enable the Danish … Read the full press release
Posted in Banks, Business, Denmark, Environment, Financial, Investment, Luxembourg, News, Small Business
Tagged Danish Green Investment Fund, debt financing, Denmark, EIF, EKF, Export, InvestEU programme, investment fund, loans, SMEs, sustainability guarantee, The European Investment Fund, Vaekstfonden
(IN BRIEF) Triodos Bank has received up to €67 million in loans from the European Investment Fund (EIF) for social enterprises in Belgium, Germany, Spain, and the Netherlands. The loan is backed by the InvestEU program and will allow Triodos … Read the full press release
Posted in Banks, Belgium, Business, European Union, Financial, Germany, Investment, Luxembourg, Netherlands, News, Small Business, Society, Spain
Tagged EIF, EU Programme for Employment and Social Innovation, European Investment Fund, financing, InvestEU programme, Jacco Minnaar, loans, Marjut Falkstedt, Nicolas Schmit, social enterprises, social entrepreneurship, Triodos Bank
EBRD financing package of US$ 25 million to EBank in Egypt EU-supported facility to expand access to finance for SMEs and women-led businesses Package to include business advice and training for women-owned SMEs (PRESS RELEASE) LONDON, 19-May-2022 — /EuropaWire/ — … Read the full press release
Posted in Banks, Financial, Investment, Small Business, United Kingdom
Tagged Ahmed Galal, Cairo, EBank, EBRD, Facilitation Programme, Financial Inclusion Programme, financing package, Heike Harmgart, loans, SMEs in Egypt, southern and eastern Mediterranean, uncommitted multi-currency Trade, WIB loan, WIB Programme, Women in Business Programme
EBWE-Finanzierungspaket von 25 Millionen US-Dollar an die EBank in Ägypten EU-unterstützte Fazilität zur Erweiterung des Zugangs zu Finanzierungen für KMU und von Frauen geführte Unternehmen Paket mit Unternehmensberatung und Schulung für von Frauen geführte KMU (PRESSEMITTEILUNG) LONDON, 19-May-2022 — /EuropaWire/ … Read the full press release
Posted in Banks, Financial, Investment, News, Small Business, United Kingdom
Tagged Ahmed Galal, Cairo, Darlehen, EBank, EBRD, Erleichterungsprogramm, Facilitation Programme, Financial Inclusion Programme, financing package, Finanzierungspaket, Heike Harmgart, Kairo, KMU in Ägypten, loans, Programm zur finanziellen Eingliederung, SMEs in Egypt, southern and eastern Mediterranean, Südliches und östliches Mittelmeer, uncommitted multi-currency Trade, ungebundener Handel mit mehreren Währungen, WIB loan, WIB Programme, WIB-Darlehen, WIB-Programm, Women in Business Programme, Women in Business-Programm
(PRESS RELEASE) STOCKHOLM, 29-Mar-2022 — /EuropaWire/ — Swedfund, the Swedish Government’s development financier, has announced it will provide USD 20 million long-term, senior unsecured loan to Five-Star Business Finance Limited, a Non-Banking Financial Company in India, in support of micro-entrepreneurs … Read the full press release
Posted in Financial, Government, Investment, Small Business, Society, Sweden
Tagged Five-Star Business Finance Limited, INDIA, investment, loan funding, loans, Maria Håkansson, micro-entrepreneurs, Swedfund
18–24 year-old consumers who use ‘buy now, pay later’ (BNPL) products spend 20 per cent of their discretionary income on repayments 29 per cent are concerned about their ability to pay back what they borrowed, and nearly 8 per cent … Read the full press release
Posted in Banks, Financial, News, Society, United Kingdom
Tagged Antony Stephen, Barclays, Barclays Partner Finance, BNPL loans, BNPL products, BNPL providers, buy now, credit score, Gen Z BNPL users, Gen Z consumers, loans, pay later, repayments, RESEARCH, Richard Lane, StepChange, unregulated credit, younger shoppers
(PRESS RELEASE) HELSINKI, 22-Feb-2022 — /EuropaWire/ — The Nordic Investment Bank (NIB), an international financial institution with focus on the Nordic and Baltic countries, has announced that it hosted, together with Nefco, a provider of loans or equity-type funding to … Read the full press release
Posted in Banks, European Union, Financial, Finland, Iceland, Management, Norway, Switzerland
Tagged André Küüsvek, European Parliament, funding, Jukka Ahonen, loans, Luca de Lorenzo, Mikael Reims, NEFCO, NIB, Nordic Council
(PRESS RELEASE) HELSINKI, 22-Feb-2022 — /EuropaWire/ — The Nordic Investment Bank (NIB), an international financial institution with focus on the Nordic and Baltic countries, has announced that it has further expanded the geography of NIB Environmental Bonds (NEB) to attract … Read the full press release
Posted in Banks, Business, Denmark, Environment, Financial, Finland, Investment, News, Norway
Tagged climate change, environmental bonds, environmental impact, environmental lending, ESG factors, funds, green bond, Jens Hellerup, loans, NEB, NIB, NIB Environmental Bonds, resilience
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