Archive for the ‘Banking’ Category

Daily Overview of Global Markets & the SEE Region (Friday, November 24, 2017)

Daily Overview of Global Markets & the SEE Region (Friday, November 24, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: In reaction to firmer than expected euro area November flash PMIs and the likelihood the APP programme to not be extended beyond September...
November 24th, 2017 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

DVB Bank – Changes at the Board of Managing Directors

DVB Bank – Changes at the Board of Managing Directors
Wolfgang Köhler, Chairman of DVB Frankfurt/Main, 23 November 2017 – DVB Bank SE (DVB) announces that on 30 November 2017 Bart Veldhuizen will step down from the Board of Managing Directors and leave DVB. On 1 December 2017, David Goring-Thomas, Member of DVB’s Board of Managing Directors...
November 23rd, 2017 | Banking, Company Profiles, HR, Person Profiles | Read More

European ports welcome the EP Transport Committee vote for a stronger CEF budget

European ports welcome the EP Transport Committee vote for a stronger CEF budget
This morning, the Transport Committee (TRAN) of the European Parliament voted its opinion on the Multi-Annual financial Framework after 2020 (Marinescu report). Isabelle Ryckbost The Transport MEPs voted in favour of an updated and more effective Connecting Europe Facility. They have asked for an increased...
November 23rd, 2017 | European Union, Finance, Organisations, Ports & Terminals | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, November 23, 2017)

Daily Overview of Global Markets & the SEE Region (Thursday, November 23, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD was under pressure while US government bonds were firmer in European trade on Thursday following the release of the FOMC minutes...
November 23rd, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, November 22, 2017)

Daily Overview of Global Markets & the SEE Region (Wednesday, November 22, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GREECE: The 2018 State Budget that was submitted yesterday to Parliament foresees GDP growth of +1.6% for 2017 and +2.5% for 2018, in alignment with...
November 22nd, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, November 21, 2017)

Daily Overview of Global Markets & the SEE Region (Tuesday, November 21, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Increased political uncertainty in Germany keeps the EUR under pressure with the EUR/USD hovering around 1.1730/35 in European trade...
November 21st, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Monday, November 20, 2017)

Daily Overview of Global Markets & the SEE Region (Monday, November 20, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GREECE: According to press reports, in spite of the significant number of prior actions that are still pending, a staff level agreement for the 3rd programme...
November 20th, 2017 | Banking, Finance, Markets, News, Shipfinance, Statistics, Stock Markets | Read More

Liberia strikes blow for global shipping with challenge to Brazilian court ruling

Liberia strikes blow for global shipping with challenge to Brazilian court ruling
Scott Bergeron The Liberian Registry, in co-operation with the International Chamber of Shipping (ICS), has succeeded in helping the holder of a Liberian mortgage to overturn a decision of the Brazilian courts which, if left uncontested, could have had serious adverse legal and economic consequences...
November 20th, 2017 | Associations, Banking, Energy, Flags, International Chamber of Shipping, Legal, Markets, Oil Industry, Oil Platforms and Rigs, Shipfinance | Read More

Daily Overview of Global Markets & the SEE Region (Friday, November 17, 2017)

Daily Overview of Global Markets & the SEE Region (Friday, November 17, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The 435-seat US House of Representatives approved its tax draft plan late on Thursday with 227 Republican in favor votes. All Democrats...
November 17th, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, November 16, 2017)

Daily Overview of Global Markets & the SEE Region (Thursday, November 16, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The US House of Representatives is scheduled to vote on its tax reform plan later today while the Senate continues to make adjustments...
November 16th, 2017 | Banking, Finance, Markets, News, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, November 15, 2017)

Daily Overview of Global Markets & the SEE Region (Wednesday, November 15, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The EUR retained a firm tone in European trade on Wednesday supported by Germany’s firmer than expected Q3 GDP data released in the...
November 15th, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, November 14, 2017)

Daily Overview of Global Markets & the SEE Region (Tuesday, November 14, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Germany’s real Q3 GDP rose by a higher than expected 0.8%QoQ mainly supported by net exports and capex spending following an upwardly...
November 14th, 2017 | Banking, Finance, Markets, News, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Monday, November 13, 2017)

Daily Overview of Global Markets & the SEE Region (Monday, November 13, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Worries over the prospects of the US tax reform bill prevailed in European trade on Monday. Taking their cue from Wall Street’s losses on...
November 13th, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

HSH finances Europe’s largest wind farm – electricity for 500,000 households

HSH finances Europe’s largest wind farm – electricity for 500,000 households
Lars Quandel HAMBURG/KIEL HSH Nordbank as part of a syndicate of banks is financing Europe’s largest wind farm installation with an amount of Euro 500 million, the 650-MW Markbydgen ETT project in North Sweden. In addition to HSH Nordbank, the syndicate includes Nord LB, KfW IPEX, the EIB and Euler...
November 13th, 2017 | Alternative Sources of Energy, Banking, Energy, Finance | Read More

Daily Overview of Global Markets & the SEE Region (Friday, November 10, 2017)

Daily Overview of Global Markets & the SEE Region (Friday, November 10, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Taking their cue from Wall Street’s modest losses overnight, major European bourses opened lower on Friday on the back of increased...
November 10th, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets, Trade and Commerce | Read More

UOB the first bank in Asia off the starting block with Fitbit PayTM

UOB the first bank in Asia off the starting block with Fitbit PayTM
UOB – Ms Choo Wan Sim Singapore, 9 November 2017 – United Overseas Bank’s (UOB) cardmembers will be the first in Asia to be able to make Fitbit PayTM contactless payments through the new Fitbit IonicTM smartwatch. UOB’s latest innovation in payments is set for the lifestyles and payment...
November 9th, 2017 | Banking, Clubs, Consumers Market, Health and Safety, News | Read More

Banks explore challenges Decarbonisation poses to Ship Finance

Banks explore challenges Decarbonisation poses to Ship Finance
Maurice John Meehan “Many global financial institutions have committed to bringing their portfolios in line with the transition to a low-carbon economy. To fully achieve this, they must address the climate risks to hundreds of billions of dollars in shipping investments that will emerge as soon as...
November 8th, 2017 | Emissions, Environment, Shipfinance | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, November 08, 2017)

Daily Overview of Global Markets & the SEE Region (Wednesday, November 08, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Reflecting Asian bourses’ positive tone, the majority of European equity markets were modestly higher in early trade on Wednesday supported...
November 8th, 2017 | Banking, Company Profiles, Finance, Markets, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, November 07, 2017)

Daily Overview of Global Markets & the SEE Region (Tuesday, November 07, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Long-dated US Treasury yields moved lower in European trade on Tuesday amid persistently subdued inflation pressures and market uncertainty...
November 7th, 2017 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

HSH Nordbank provides financing for Zenium data centres in Frankfurt

HSH Nordbank provides financing for Zenium data centres in Frankfurt
Dr. Marcus Kleiner HAMBURG/KIEL HSH Nordbank, acting as an agent and security agent made available together with Banco Santander, NIBC Bank and ING Bank, senior-secured credit facilities of EUR 100 million to Zenium. This will enable the company to refinance its existing Frankfurt One data centre in...
November 3rd, 2017 | Banking, Finance | Read More

Market hiccups continue amid geopolitical – including economic, chaos

Market hiccups continue amid geopolitical – including economic, chaos
John Faraclas The BDI (Baltic Dry Index) lost ground with a further 14 points being …evaporated and now at 1,482 points enters a crucial point; geopolitics and in particular economic issues are crucial but the public lives in hibernation… John Faraclas daily recap: The Capers’ BCI dive continued;...
November 2nd, 2017 | Awards, Chartering, Dry Bulkcarriers, Markets, Military, News, Reports, Shipfinance, Shipping Indices | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, November 02, 2017)

Daily Overview of Global Markets & the SEE Region (Thursday, November 02, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: As expected, the FOMC unanimously decided to stay put on interest rates at the two-day meeting that concluded late yesterday with the...
November 2nd, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, November 01, 2017)

Daily Overview of Global Markets & the SEE Region (Wednesday, November 01, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Mirroring gains in the majority of Asian bourses earlier today, European equity markets opened higher on Wednesday supported by improved...
November 1st, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

Eurobank Global Macro Themes & Market Implications for the EA Periphery and the CESEE (October 2017)

Eurobank Global Macro Themes & Market Implications for the EA Periphery and the CESEE (October 2017)
Broad-based global economic recovery strengthens, triggering a material shift towards less accommodative policy from a number of G10 CBs, in spite of subdued inflation. US politics take centre stage, amid increased optimism on US tax reform plan and upcoming Donald Trump’s choice for Fed Chair nominee…  Viewers...
October 31st, 2017 | Banking, Reports | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, October 31, 2017)

Daily Overview of Global Markets & the SEE Region (Tuesday, October 31, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD was little changed on the day but still below recent multi-month highs as investors turned more cautious on news that two former...
October 31st, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More