The FINANCIAL -- The Black Sea Trade and Development Bank (BSTDB) is providing a RUR 2 billion loan facility to Locko Bank for on-lending to small and medium-sized enterprises (SMEs) in Russia.…
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The FINANCIAL -- The Black Sea Trade and Development Bank (BSTDB) is providing a RUR 2 billion loan facility to Locko Bank for on-lending to small and medium-sized enterprises (SMEs) in Russia.…
The FINANCIAL — Isold joined ING in 2002 and has vast international experience in management, sales and change projects. He is currently the country manager of Czech Republic, where he successfully transformed the organisation in preparation for the launch of new retail…
The FINANCIAL — Morgan Stanley announced a grant of $1.3 million to the Columbia University Department of Psychiatry at the Vagelos College of Physicians and Surgeons to advance children’s mental health research in an effort to raise awareness, drive innovation, and inform…
The FINANCIAL — Deutsche Bank has appointed Kalpana Seethepalli to its Asia Pacific ESG team. This hire follows the appointment of Kamran Khan as Head of ESG for Asia Pacific in May of this year. In a newly created role, Kalpana will…
The FINANCIAL — The Credit Suisse digital bank offering announced in mid-September ‒ CSX and CSX Young ‒ is available to individuals in Switzerland from today: The CSX app can now be downloaded from the App Store and Google Play Store. It…
The FINANCIAL — Morgan Stanley (NYSE: MS) announced the issuance of a $1 billion social bond to support affordable housing projects, the latest step in the Firm’s ongoing strategy to advance market-based solutions to address sustainability challenges. This issuance follows the inaugural green…
The FINANCAIL — Credit Suisse is launching integrated bancassurance solutions for clients in collaboration with AXA. These solutions will be incorporated into CSX to complement this comprehensive digital offering from a single app. The CSX digital banking offering to be launched next week…
The FINANCIAL — Societe Generale digital transformation acceleration, initiated several years ago, is based on two key levers, technology and innovation, to better serve clients. New technologies are innovation accelerators to better support clients whose needs and usages constantly evolve. As a traditional…
The FINANCIAL — Bank of America announced a $22.1M investment in support of nonprofit leadership and sustainability through its Neighborhood Builders and Neighborhood Champions programs. The 142 awardees from across the U.S. are organizations leading the charge to address tough issues related to economic…
The FINANCIAL — Ricardo Mourinho Félix is the new Vice-President and Member of the Management Committee of the European Investment Bank (EIB). He takes up his duties on 16 October, succeeding Emma Navarro, whose mandate ended yesterday. The EIB’s Board of Governors…
The FINANCIAL — Citigroup Inc. reported net income for the third quarter 2020 of $3.2 billion, or $1.40 per diluted share, on revenues of $17.3 billion. This compared to net income of $4.9 billion, or $2.07 per diluted share, on revenues of…
Deutsche Bank is revamping its operation for business clients – from self-employed small businessperson to medium-sized businesses: the products and services of its Deutsche Bank, Postbank and FYRST brands will be managed by a single unit called “Deutsche BizBanking”. The bank regards…
The FINANCIAL — Capital market participants are attaching greater importance to sustainable finance than a year ago, even as issuers and investors have had to navigate unprecedented challenges due to the COVID-19 pandemic. More than half of investors and three-quarters of issuers…
The FINANCIAL — The European Investment Bank (EIB) and Asper Investment Management Ltd. have signed an investment agreement worth €30 million for investments in four district heating projects in the Netherlands. This agreement will enable the EIB to consider additional investments into…
The FINANCIAL — HSBC announced an ambitious plan to prioritise financing and investment that supports the transition to a net zero global economy, citing a landmark opportunity to build a thriving, resilient future for society and businesses. The bank is committing to…