Frankfurt (ots) - The AITE-Novarica report "Innovation in Supply Chain Finance" analyzes why fintech providers should reengineer their Supply Chain Finance (SCF) platforms and make them more bank-friendly to better serve both corporate professionals and financial institutions. Frankfurt - The report focuses on the ...
Rome (ots) - The Finance in Common Summit (FICS), hosted this year in Rome by Italian public investment bank Cassa Depositi e Prestiti (CDP), in partnership with the UN's International Fund for Agricultural Development (IFAD), ended with the encouraging prospect of an ever 'greener' future for our planet, grappling ...
Barcelona (ots/PRNewswire) - - Primary and all key secondary endpoints including itch, interference of itch on sleep and quality of life were met at Week 16 in two pivotal Phase 3 trials - Safety profile consistent with prior lebrikizumab studies in atopic dermatitis Lebrikizumab led to significant improvements with ...
PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft
New York (ots/PRNewswire) - The global entertainment & media (E&M) industry has regained its momentum, with revenues outpacing the economy as a whole. The $2+ trillion industry is on track to grow 6.5% in 2021 and 6.7% in 2022, fueled by strong demand for digital content and advertising. The renewed growth follows a ...
BVR Bundesverband der Deutschen Volksbanken und Raiffeisenbanken
Berlin (ots) - The institutional protection schemes in the banking sector in Austria, Germany, Italy, Poland, and Spain have published a joint declaration on their role within a strong banking union. By making this declaration, the institutional protection schemes wish to contribute to the political discussions ...
Frankfurt am Main (ots) - - Continuation of successful partnership with Commerzbank’s Corporate Clients segment that started in 2019 - Expansion to Private and Small-Business Customers segment provides supplementary financing opportunities for SMEs with annual revenues of up to EUR 15 million - With immediate effect, creditshelf clients will also benefit from Commerzbank’s product range - In this way, creditshelf and ...
Hamburg (ots) - Varengold Bank, a leading financer of European fintechs with its focus on online lending market places, has published its first sustainability report. This can be downloaded at https://www.varengold.de/ueber-varengold/nachhaltigkeit/. The report has been produced voluntarily by an interdisciplinary team of Varengold employees and once again underlines ...
Euroclear Holding, Euroclear Investments, Euroclear SA/NV
Brussels (ots/PRNewswire) - Euroclear reports results for the year ending 31 December 2020 Euroclear delivered a Stable Financial Performance - Operating income flat compared to FY 2019 at EUR 1430 million as strong business income growth offset the impact of lower interest rates o Business Income rose 12% to EUR 1280 million as continued support for clients throughout ...
Frankfurt am Main, Germany (ots) - - Important expansion of debt financing base on the creditshelf platform - Additional strategic investor uses creditshelf's lending platform as powerful access tool to the German market for SME loans - Debt capital of EUR 40 mn from the collaboration enables creditshelf to meet loan demand from German SMEs even more efficiently ...
Madrid (ots) - The acquisition of Wirecard assets further strengthens Santander's position in the global merchant acquiring space, where the bank already has a strong presence. Santander is enhancing its merchant payment platform globally and will also leverage the strength of the Wirecard assets to support its ...
Euroclear Holding, Euroclear Investments, Euroclear SA/NV
Brussels (ots/PRNewswire) - Financial Highlights - Year-to-date (Q3 YTD) 2020 revenues down 3% year-on-year, to EUR 1057 million. - Q3 YTD Business Income increased 12% to EUR 951 million, driven by favourable market conditions and implementation of strategic initiatives Q3 YTD Banking and Other Income decreased 55% to EUR 106 million as a result of interest rate cuts - Q3 YTD Operating costs up 3% to EUR 637 million, in ...
BVR Bundesverband der Deutschen Volksbanken und Raiffeisenbanken
Berlin (ots) - The local cooperative banks' international youth competition, 'jugend creativ', has been motivating children and young people across Europe to explore social issues through creativity for half a century. Since the first competition was held in 1970, a total of 90 million international entries have ...
BVR Bundesverband der Deutschen Volksbanken und Raiffeisenbanken
Berlin (ots) - The international youth competition 'jugend creativ', an initiative of cooperative banks from seven European countries, is celebrating its 50th anniversary. With more than 90 million participants to date, it is not only the world's biggest creativity competition for young people but also the ...
Hamburg/London (ots) - Berenberg closed the year 2019 with net profit for the year from operations of EUR60.5 million (previous year EUR23.3 million). The second oldest bank in the world has thus surpassed the previous year's earnings by 160%. "The new record level of net commission income as well as the year-on-year drop in administrative expenses show that the measures taken in 2018 to enhance efficiency have had the ...
Frankfurt am Main (ots) - - creditshelf expands product portfolio by offering access to a unique credit term of up to eight years for fully unsecured SME loans between EUR 500,000 and EUR 5 million - Strategic partnership for the product extension with BNP Paribas Asset Management strengthens investor base on the ...
Frankfurt am Main, Germany (ots) - creditshelf Aktiengesellschaft, a pioneer in digital SME financing in Germany, has accelerated its growth compared to the previous year. Thanks to a strong year-end business, Q4 contributed EUR 36.8 million in arranged loan volume to the 12-month total figure of EUR 88.5 million. This translates into a 75 % year-on-year increase. The positive development of creditshelf's loan business in ...
Berlin (ots) - Berlin-based entrepreneur Christian Krawinkel, CKV asset management buys over half of the sought-after Boris Becker Memorabilia for EUR 492.479, including the Bambi for the Wimbledon winner "Man of the Year 1985 ". This is done for a special reason, because the bustling Entrepreneur is willing to hand ...
Frankfurt am Main (ots) - KfW IPEX-Bank is involved in financing a modern and highly efficient 1,800 MW combined cycle power plant in the emirate of Sharjah in the United Arab Emirates. The total investment volume is approximately USD 1 billion, with KfW IPEX-Bank's contribution standing at USD 132 million. The loan funds of the project and export finance arm of KfW ...
Hauck Aufhäuser Lampe Privatbank AG
Frankfurt (ots) - Via its subsidiary Hauck & Aufhäuser Fund Services S.A. in Luxembourg Hauck & Aufhäuser AG acquires a majority stake in Crossroads Capital Management Limited (CCM). CCM is an well-established Alternative Investment Fund Manager (AIFM) and a UCITS management company based in Dublin, Ireland, specializing in a range of services for investment managers ...
Frankfurt am Main (ots) - KfW IPEX-Bank and Swedavia have signed a EUR 190 million loan agreement for the overall financing and development of the Swedish state owned company's airports, mainly its largest airport Stockholm Arlanda Airport. Swedavia is investing approximately EUR 1.7 billion by 2025 in the development of Stockholm Arlanda Airport. Sizeable investments ...
Frankfurt am Main (ots) - KfW IPEX-Bank is participating in the financing to expand and modernise Helsinki Airport, some 17 km north of Finland's capital. The total investment volume adds up to approx. EUR 1 billion, with KfW IPEX-Bank providing a loan of EUR 95 million. Helsinki Airport has been continually expanded since 2014. In phase 4, which is now starting, the ...
Frankfurt am Main (ots) - KfW IPEX-Bank is providing USD 115 million in long-term project financing backed by an untied loan guarantee to support the Nevada Copper Corporation's (TSX:NCU) Pumpkin Hollow underground copper mine project. The untied loan guarantee under the German Federal Government's UFK scheme and the contribution from KfW IPEX-Bank stem from a long-term off-take agreement between Nevada Copper and German ...
RSU Rating Service Unit GmbH & Co. KG
Munich (ots) - With the new release of its early warning system Risk Guard RSU is becoming one of the first financial service providers in Germany to use machine learning in an operational risk management system. Complementing existing models, new algorithms enable the system to analyse reports from nearly 300 newspapers and journals for information about changes in creditworthiness of German companies. "The model was ...
Frankfurt am Main (ots) - - New commitments of EUR 17.7 billion/"Power, Renewables and Water" contributes EUR 3.4 billion - Contribution to consolidated earnings of KfW: EUR 537 million, supporting KfW's long-term promotional capacity - KfW IPEX-Bank supports German and European exporters with their internationalisation strategies KfW IPEX-Bank, which is responsible ...
Frankfurt am Main (ots) - - Consolidated net profit before tax of EUR 443 million at previous year's level - Sharp growth in new business in second half of the year - Risk situation remains positive thanks to good portfolio quality - Very stable CET1 ratio of 14.9 percent - Renewed increase in general and administrative expenses, particularly due to ...
Frankfurt am Main (ots) - - New container vessels for Royal Arctic Line to supply the Greenlandic population - Construction at a Spanish shipyard with a high portion of German components KfW IPEX-Bank is providing EUR 30 million to finance two new feeder container vessels for Greenland's Royal Arctic Line. The vessels will be built at Zamakona Shipyard in Spain, with approx. 30% of components supplied from Germany. The ...
Frankfurt am Main (ots) - - Strong third-quarter result of EUR 164 million - Consolidated profit before tax of EUR 364 million achieved after nine months - Good portfolio quality ensures risk situation remains comfortable - Very stable capital resources: CET-1 ratio at 15.3 per cent Helaba Landesbank Hessen-Thüringen generated a consolidated profit before ...
