Tag Archives: loans

Astor Asset Management 3 Ltd Inicia Investigación de Demanda Colectiva Contra Ricardo Benjamín Salinas Pliego de Grupo ELEKTRA por Manipulación de Acciones y Fraude en Valores

(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

Astor Asset Management 3 Ltd Initiating Class Action Lawsuit Inquiry Against Ricardo Benjamín Salinas Pliego of Grupo ELEKTRA for Stock Manipulation & Securities Fraud

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

EIB Group Allocates Over €450 Million to Fortify Ukrainian Energy Infrastructure and Boost Business Support

(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

ABN AMRO Groenbank Marks Five Years of Supporting Sustainable Business with Green Savings and Loans

(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

European Investment Fund and Fintech Firm Invoier Join Forces to Empower SMEs in Sweden

(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

Nordic Investment Bank Advances Sustainability with SEK 2 Billion Environmental Bond

(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

European Union’s Global Gateway Initiative Supports Sustainable Projects in South America

(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

BNP Paribas Collaborates with EIB Group for the Third Synthetic Securitisation, Boosting Support for French Companies

(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

EBRD contributes to Uzbekistan’s renewable energy sector with $205m solar plant investment

(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

Banco BPI joins forces with European Investment Fund to offer sustainable loans to Portuguese SMEs

(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

CGM Finance secures €18.75 million guarantee from EIF to support Italian social enterprises

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

EIF and Denmark’s Export and Investment Fund Guarantee €30.9m in New Loans for Danish Businesses

(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

Triodos Bank partners with EIF to Offer Reduced Interest Loans for Social Enterprises in EU Countries

(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

EBRD to provide US$ 25 million financing package to the Export Development Bank of Egypt in support of SMEs and women-led businesses

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

Die EBWE stellt der Export Development Bank of Egypt ein Finanzierungspaket in Höhe von 25 Millionen US-Dollar zur Unterstützung von KMU und von Frauen geführten Unternehmen zur Verfügung

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

Swedfund to provide USD 20 million long-term, senior unsecured loan to Five-Star Business Finance Limited, a Non-Banking Financial Company in India

(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

Barclays Partner Finance research: younger shoppers spent more than they anticipated when used unregulated BNPL (buy now, pay later) loans

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

Delegations from the Nordic Council and the European Parliament on a visit to the Nordic Investment Bank (NIB) and Nefco

(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

The Nordic Investment Bank (NIB) expands the geography of its environmental bonds across the Nordic region

(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

Funds managed by CarVal Investors closed the purchase of EUR 1.1 billion non-performing mortgage loan portfolio from KBC Bank Ireland

(PRESS RELEASE) BRUSSELS / DUBLIN, 7-Feb-2022 — /EuropaWire/ — KBC Group N.V. (EBR: KBC), a Belgian universal multi-channel bank-insurer, and KBC Bank Ireland, an Irish bank part of KBC Bank, have announced the closing of the deal related to the … Read the full press release

New waste collection vehicles delivered to the city of Osh, Kyrgyz Republic’s second largest city, thanks to financial support from EBRD, EU and EIB

Kyrgyz Republic’s second largest city to benefit from better waste management New waste collection vehicles delivered Upgrade of facilities and services supported by the EBRD, the EU and the EIB (PRESS RELEASE) LONDON, 25-Jan-2022 — /EuropaWire/ — The European Bank … Read the full press release

UniCredit to free up capital from securitised €2 billion portfolio in support of Italian SMEs and Mid-caps guaranteed by the European Investment Bank and the European Investment Fund

EIB Group (EIB & EIF) guarantee to UniCredit to mobilise approximately €2 billion in support of Italian SMEs and Mid-caps. The operation is supported by a guarantee from the European Fund for Strategic Investments (EFSI) — the main pillar of … Read the full press release

Lloyds Bank Business: many SMEs across UK forced to urgently seek new borrowing due to the pandemic

Vast majority of UK business content with current levels of debt Profit squeeze seen as biggest barrier to future growth Third of businesses would not contact their bank if worried about finances (PRESS RELEASE) LONDON, 25-Oct-2021 — /EuropaWire/ — Lloyds … Read the full press release

UniCredit and EIB to mobilise €2.5 billion to help Italian businesses recover from the COVID-19 crisis

The EIB will use the Pan-European Guarantee Fund (EGF) to facilitate UniCredit lending to large, medium and small companies Around 100 large and mid-corporates and more than 10,000 SMEs across Italy stand to benefit Long-term loans and working-capital financing available … Read the full press release

Intesa Sanpaolo to support SMEs in Enel’s supply chain in their sustainable development

The agreement aims to support small and medium-sized enterprises that are part of the Enel supply chain in their growth and sustainable development Companies that join Enel’s Supplier Development Program will have quick access to a wide range of loans, … Read the full press release

Standard Chartered’s sustainable deposit product that helps finance UN’s SDGs activities reached $2bn

(PRESS RELEASE) LONDON, 13-May-2020 — /EuropaWire/ — Leading international banking group Standard Chartered announced that its sustainable deposit product, helping finance UN’s SDGs activities, has just reached the $2 billion milestone with a significant deposit made by the French integrated … Read the full press release

Deutsche Bank Portugal and ABANCA deal now completed

Deutsche Bank Portugal and ABANCA deal now completed

(PRESS RELEASE) FRANKFURT AM MAIN, 13-Jun-2019 — /EuropaWire/ — Deutsche Bank (XETRA: DBKGn.DE/NYSE: DB) announced it completed the sale of its Private & Commercial Business in Portugal to ABANCA Corporación Bancaria S.A. (ABANCA) on June 9, 2019. The deal was … Read the full press release

EBRD loans EUR 5 million to Enda Tamweel, the largest microfinance institution in Tunisia

EBRD signs a €5 million (TND 17 million) loan with Enda Tamweel for its disbursement to Tunisian MSMEs Local currency financing will support lending to local MSMEs Only 15 per cent of MSMEs in the country have bank loans LONDON, 07-12-2018 … Read the full press release

AXA Investment Managers – Real Assets to acquire the management of $9.4 billion of U.S. commercial real estate loan mandates from Quadrant Real Estate Advisors

AXA Investment Managers – Real Assets and Quadrant Real Estate Advisors announce they have reached an agreement whereby AXA Investment Managers – Real Assets will acquire from Quadrant Real Estate Advisors one of its U.S. lines of business including a … Read the full press release

EBRD loans EUR 5.1 million to UniCredit in Serbia for boosting energy efficiency

UniCredit Bank Serbia receives Din 600 million loan for boosting energy efficiency. Programme to support investments in private homes to improve energy performance and generate savings. Finance provided under EBRD €85 million Green Economy Financing Facility for the Western Balkans. … Read the full press release

KfW loans EUR 300 million for new barrage across the Nile in Asyut

EUR 300 million provided to safeguard irrigation farming Project secures source of income for 5 million Egyptians Hydropower plant enables climate-friendly power generation Frankfurt am Main, 16-Aug-2018 — /EuropaWire/ — Today (2018-08-13), Egyptian President Abdel Fattah al-Sisi inaugurated a barrage across … Read the full press release

Poste Italiane and UniCredit to establish partnerships in the consumer credit market

The agreement forms part of Poste Italiane’s strategy to establish partnerships with leading banking groups for the distribution of financial products ROME, 02-Aug-2018 — /EuropaWire/ — Poste Italiane and UniCredit have signed today a letter of intent, with the aim … Read the full press release

EBRD loans €25 million to QNB Finans Finansal Kiralama A.S. for energy efficiency investments

€25 million loan to support leasing finance for energy efficiency investments EBRD promotes leasing as a tool to address financing needs of Turkish enterprises Financing is part of a larger facility backed by the European Union LONDON, 25-Jul-2018 — /EuropaWire/ … Read the full press release

FMO’s NASIRA program to provide financial support to underserved entrepreneurs gets backing from EU and Dutch government

The HAGUE, 16-Jul-2018 — /EuropaWire/ —The European Comission (EC), has approved up to €75 million in guarantees and up to €8 million in Technical Assistence to FMO’s NASIRA program (NASIRA). The NASIRA risk sharing facility aims to provide access to … Read the full press release

EBRD loans €13 million for 72 low-floor trolleybuses for the city of Mariupol in Ukraine

Senior EBRD loan of up to €13 million for up to 72 low-floor trolleybuses for Mariupol €2 million loan from Clean Technology Fund and €3 million grant from E5P Mariupol is the second-largest municipality in the Donetsk region in eastern Ukraine LONDON, … Read the full press release

Women to make up two of the three members of DEG’s Management Board with the appointment of Christiane Laibach and Monika Beck

COLOGNE, 04-Jul-2018 — /EuropaWire/ — Christiane Laibach has taken office as Chair of the Management Board of DEG. She succeeds Bruno Wenn. Monika Beck has been appointed as a new member of the DEG Management Board. Bruno Wenn retires Christiane … 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

Poste Italiane and Intesa Sanpaolo cooperate over mortgages and personal loans, wealth & asset management and payment services

TURIN, MILAN, ROME, 11-Apr-2018 — /EuropaWire/ — Poste Italiane and Intesa Sanpaolo signed a three-year framework agreement for the distribution of selected products and services of the two groups through a range of non-exclusive specific agreements with the aim of expanding … Read the full press release

EBRD loans €5 million to microfinance provider MKF Partner in Bosnia and Herzegovina

Loan to microfinance provider MKF Partner will be invested in residential sector EBRD loan of up to €5 million to MKF Partner, a microfinance institution Energy efficiency loans to residents and vendors of green technology Increasing availability of finance to … Read the full press release

Council of Europe Development Bank (CEB) loans EUR 75 million to Hungarian Development Bank (MFB) for MSMEs, infrastructure and education

PARIS, 22-Mar-2018 — /EuropaWire/ — The Council of Europe Development Bank (CEB) approved a €75 million loan to the Hungarian Development Bank (MFB) to provide a credit line to MSMEs and finance projects in municipal infrastructure development and the education sector. The … Read the full press release