(IN BRIEF) Vienna Insurance Group reported strong preliminary financial results for 2025, with gross written premiums rising to EUR 16.3 billion and profit before taxes surpassing the one-billion-euro milestone for the first time, reaching EUR 1.16 billion. The Group achieved … Read the full press release
Posted in Austria, Banks, Business, Economy, Financial, Government, Industrial, Infrastructure & Utilities, Insurance, Investment, Management, Marketing, Technology
Tagged Austria insurance sector, Central and Eastern Europe insurance market, combined ratio, Czech Republic insurance market, dividend increase, Earnings per share, Erste Group partnership, European insurance industry, evolve28 strategy, Extended CEE region, gross written premiums, HARTWIG LÖGER, insurance financial results 2025, insurance service revenue, Liane Hirner, NÜRNBERGER Beteiligungs AG, Poland insurance growth, profit before taxes, Return on equity, solvency ratio, Standard and Poor’s rating, Vienna Insurance Group, Vienna Insurance Group Reports Record Profit Growth in 2025 and Proposes Dividend Increase to EUR 1.73 per Share, VIG
(IN BRIEF) The European Bank for Reconstruction and Development has sold its entire 5 per cent holding in the Bank of Cyprus, amounting to over 22.4 million shares, through an accelerated bookbuild on the Athens Stock Exchange. The EBRD first … Read the full press release
Posted in Banks, Business, Cyprus, Economy, Financial, Government, Industrial, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged accelerated bookbuild, Athens Stock Exchange, ATHEX, Bank of Cyprus, banking sector, Cyprus, EBRD, European Bank for Reconstruction and Development, eurozone crisis, financial sector recovery, Governance, Kristina Zagar, non-performing loans, partnership, recapitalisation, restructuring, Return on equity, stake sale
(IN BRIEF) Rabobank posted strong financial results for 2024, achieving a net profit of EUR 5,163 million, up from EUR 4,377 million the previous year. The bank’s growth was driven by increased volumes across its commercial segments and its strong … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, Netherlands, News, Technology
Tagged 2.3 million members, CET 1 ratio, customer focus, FEC, financial performance, financial results, Food & Agri, global challenges, loan impairment charges, loan portfolio, local initiatives, market leadership, mortgages, net interest income, Net profit, non-performing loans, Operating Expenses, private sector lending, Rabo ClubSupport, Rabo TijdslotSparen, Rabobank, Return on equity, savings, Stefaan Decraene, sustainability, sustainable growth
Stripping out the capital gain from Línea Directa, recurring net profit stands at 437.4 million euros, up 37.9% from 2020. Operating income tops 1,000 million euros for the first time, rising 13.9 % from the year before. A year of … Read the full press release
Posted in Banks, Financial, Investment, News, Spain
Tagged bank, bank in Spain, Bankinter, Bankinter Group, earnings, EBA, economic recovery, European Banking Authority, financial results, financial soundness, Línea Directa, profit, Return on equity, RoE
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