Archive for the ‘Banking’ Category

ATHEX Roadshow in London 2014

ATHEX Roadshow in London 2014
Following on the success of previous such events,  the Athens Exchange will organize The 9th Annual Greek Roadshow in London on September 17th*- 19th 2014  at Bloomberg Headquarters 39-45 Finsbury Square City Gate House, London Amongst the speakers in the early afternoon of the 19th of September will...
September 1st, 2014 | Banking, Conferences, Seminars, Forums, Energy, Environment, Exhibitions, Finance, Markets, Ports & Terminals, Shipfinance, Stock Markets, Trade and Commerce | Read More

Greek Q2 real GDP revised to -0.3% YoY, fully in line with our GDP NOWcasting model predictions

Greek Q2 real GDP revised to -0.3% YoY, fully in line with our GDP NOWcasting model predictions
Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A Greece Macro Monitor (1 September 2014) Greek Q2 real GDP revised to -0.3% YoY, fully in line with our GDP NOWcasting model predictions Viewers can log on the PDF herebelow and read the entire report; we look...
September 1st, 2014 | Banking, Finance, News, Reports | Read More

Daily Overview of Global markets & the SEE Region (Monday, September 1, 2014)

Daily Overview of Global markets & the SEE Region (Monday, September 1, 2014)
Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:  Market focus this week turns to the ECB monetary policy meeting, scheduled for Thursday amid increased expectations for further monetary...
September 1st, 2014 | Finance, Markets, News | Read More

Upwards indices doesn’t constitute a buoyant market…

Upwards indices doesn’t constitute a buoyant market…
John Faraclas The latest dry market improvement come as the… manna-from-heaven to all, but still is early days to celebrate the 1, 147 points of the Baltic Dry Index (BDI), as this is 1, 100 points down from December 2013’s closing at 2, 247 points, a minus 48.9 percent and far behind the highest...
August 29th, 2014 | Energy, Markets, News, Shipfinance, Shipping Indices | Read More

Daily Overview of Global Markets & the SEE Region (29 August 2014)

Daily Overview of Global Markets & the SEE Region (29 August 2014)
Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:  In FX markets,  selling pressure on the EUR persisted on Friday amid mounting expectations for further ECB monetary policy stimulus ahead....
August 29th, 2014 | Banking, Finance, Markets, News, Reports | Read More

Is there a RWAD* policy to counter ISIS et al “incursion”…

Is there a RWAD* policy to counter ISIS et al “incursion”…
John Faraclas There are obviously two schools of thought on the above issue: the one saying that ISIS et al are a “naturally” unfolding case due to “various” reasons, the other that simply focusing so much attention on ISIS and the like and their actions, is a scam, a perfectly pre-arranged macabre...
August 28th, 2014 | Banking, Civil Unrest, Defense, Energy, Finance, Health and Safety, HR, Insight, Maritime Accidents, Maritime Fraud, Markets, Military, Piracy and Terrorism, Politics and Government, Press and Media, Religion, Reports, Safety and Security, Shipbuilding and Shipyards | Read More

UN chief welcomes Egyptian-brokered ceasefire for Gaza

UN chief welcomes Egyptian-brokered ceasefire for Gaza
A young girl walks through a severely damaged street in Gaza. Photo: UNICEF/Eyad El Baba 26 August 2014 – Secretary-General Ban Ki-moon has welcomed today’s announcement of an open-ended ceasefire for Gaza, brokered under Egyptian auspices, and said he hopes this will lead to a political process...
August 26th, 2014 | Breaking News, Charity, Construction, Environment, Finance, Military, Organisations, People and Places, Politics and Government, Pollution, UN | Read More

Daily Overview of Global markets & the SEE Region (Tuesday, August 26, 2014)

Daily Overview of Global markets & the SEE Region (Tuesday, August 26, 2014)
Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:. The EUR remained under pressure in European trade on Tuesday and euro area sovereign bond markets retained a firm tone on the back of...
August 26th, 2014 | Banking, Finance, Reports | Read More

Daily Overview of Global Markets & the SEE Region (22 August 2014)

Daily Overview of Global Markets & the SEE Region (22 August 2014)
Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Taking their cue from gains in Wall Street overnight, the majority of Asian stock markets closed in the black on Friday thanks to upbeat US macroeconomic...
August 22nd, 2014 | Banking, Finance, Markets, News | Read More

Investec’s latest on shipping and marine finance…

Investec’s latest on shipping and marine finance…
The African Installer at sea- aerial view Investec Shipping and Marine Finance underwrites a senior debt facility of USD100m for AOS Cyprus Holding Limited Investec Shipping & Marine Finance, part of Investec Bank plc, has arranged and underwritten a USD100m senior debt facility utilised to finance...
August 20th, 2014 | Banking, Energy, Markets, News, Shipfinance | Read More

Daily Overview of Global Markets & the SEE Region (19 August 2014)

Daily Overview of Global Markets & the SEE Region (19 August 2014)
Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Tracking gains in Wall Street overnight,  Asian stock markets moved higher on Tuesday on somewhat easing geopolitical concerns. Receiving...
August 19th, 2014 | Banking, Markets, News, Reports | Read More

DVB Bank SE: DVB Group publishes its half-yearly financial report for 2014

DVB Bank SE: DVB Group publishes its half-yearly financial report for 2014
Wolfang F. Driese DVB Bank SE: DVB Group publishes its half-yearly financial report for 2014 – Consolidated net income before taxes of EUR41.4 million Frankfurt/Main,  14 August 2014 – During the first half of 2014, the performance of DVB Bank SE (ISIN: DE0008045501) in providing financing...
August 14th, 2014 | Banking, Finance, Reports, Shipfinance | Read More

Greek real GDP down 0.2% YoY in Q2 2014…

Greek real GDP down 0.2% YoY in Q2 2014…
Platon Monokroussos Greek real GDP down 0.2% YoY in Q2 2014, coming pretty close to our GDP Nowcasting model estimate of -0.3% YoY Greece’s statistics agency (EL.STAT.) released earlier today its flash GDP estimate for Q2 2014. The data showed a further deceleration in the annual pace of real GDP...
August 13th, 2014 | Banking, Country Profiles, Markets, News, Politics and Government, Statistics | Read More

HSH Nordbank finances two solar park…

HSH Nordbank finances two solar park…
HSH Nordbank finances two solar park portfolios in the south of  France HAMBURG/KIEL HSH Nordbank is providing finance to its long-standing client, GP  JOULE Group of Reussenkröge, for the two solar park portfolios Aquitaine and Biscaya in  the south of France. The portfolios, which were developed...
August 7th, 2014 | Alternative Sources of Energy, Banking, Energy, Finance | Read More

All-Energy move to Glasgow meets with positive feedback

All-Energy move to Glasgow meets with positive feedback
Getting close to to exhibits to examine them in detail is a great advantage of visiting All-Energy News that the fifteenth show in the annual All-Energy series of exhibitions and conferences is to be held in Glasgow, and which opens nine months today, has been met with enthusiasm, resulting in half of...
August 6th, 2014 | Alternative Sources of Energy, Associations, Conferences, Seminars, Forums, Energy, Environment, Exhibitions, Shipfinance | Read More

Expert appointed to head export finance advisory services for UK Export Finance

Expert appointed to head export finance advisory services for UK Export Finance
Ken Ackroyd UK Export Finance (UKEF) has appointed trade finance specialist Ken Ackroyd as its first head of UK trade finance and insurance advisory services in its increased drive to support exporters who are seeking to grow by entering new global markets.  UKEF, the UK’s export credit agency, helps...
July 30th, 2014 | Associations, Banking, Company Profiles, HR, People and Places, Person Profiles | Read More

Greece Macro Monitor, July 2014

Greece Macro Monitor, July 2014
Platon Monokroussos Official discussions on Greece’s 5th program review to incept in mid-September; Key items on the agenda   This report takes a close look on a number of quantitative targets and structural benchmarks included in the agenda of the 5th review of Greece’s adjustment program, expected...
July 22nd, 2014 | Banking, Finance, Markets, Reports | Read More

Greece on the road to recovery

Greece on the road to recovery
Platon Monokroussos Adjustment program success stories, investment opportunities & challenges lying ahead Summary of views improvement in sentiment indicators increasingly reflected in hard economic data real GDP growth to shift into positive territory from Q3 2014 onwards upside risks to the...
July 21st, 2014 | Banking, News, Reports, Statistics | Read More

Limitation fund by guarantee: ATLANTIK CONFIDENCE

Limitation fund by guarantee: ATLANTIK CONFIDENCE
Michael Ritter On 6 March 2014, the English Court of Appeal (Civil Division) handed down their judgment of Kairos Shipping Limited v. Enka & Co. LLC (and Others)1. Lady Justice Gloster, giving the leading judgment, ruled that as a matter of English law, pursuant to the Convention on Limitation...
July 16th, 2014 | Banking, Legal, Marine Insurance, News, P and I Clubs | Read More

An Interview with John Faraclas in NOUSE

An Interview with John Faraclas in NOUSE
Yvonni-Stefania Efstathiou   John Faraclas Live interview at NOUSE to Yvonni-Stefania Efstathiou*, politics editor  of the University of York’s Student newspaper on Friday the 11th of July 2014 and published today. On a summery yet rainy day, in a café at Holland Park, just a few minutes...
July 14th, 2014 | Associations, Bribery and Corruption, Corruption, Cruise Industry, Defense, Energy, Environment, European Union, Flags, Gas, Holidays, HR, IT and Communications, Legal, LNG, Manning - Seafarers and Offshore, Marine Equipment Products and Services, Maritime Fraud, Maritime History and Museums, Maritime Tourism, Markets, Military, Mining, Oil Industry, Oil Platforms and Rigs, Pensions, Politics and Government, Press and Media, Regulatory, Reports, Safety and Security, Ship Conversions, Shipbuilding and Shipyards, Shipfinance, Shiprepair, Stock Markets, Taxation, Technology, Tourism, Trade and Commerce | Read More

MacGregor wins Pusnes offloading system order from Bumi Armada

MacGregor wins Pusnes offloading system order from Bumi Armada
Safe and reliable Pusnes offloading systems CARGOTEC CORPORATION, 11 JULY 2014 AT 3.00 PM (EEST) MacGregor, part of Cargotec has won an order from Bumi Armada Berhad, a Malaysia-based international offshore oilfied services provider, to supply a Pusnes offloading system for a floating production storage...
July 11th, 2014 | Banking, Marine Equipment, Markets | Read More

Murray Fenton India scales another height

Murray Fenton India scales another height
Capt Kapil Dev Bahl Murray Fenton India, the Technical Services division of Bibby Ship Management (India) Pvt. Ltd, has been appointed by a consortium of banks as “Lenders Independent Engineers” for the prestigious ABG Shipyard Project. This project will require the Murray Fenton India team to monitor...
July 11th, 2014 | Banking, Marine Equipment Products and Services, Shipbuilding and Shipyards, Shipfinance, Technical | Read More

A Greek Liveryman in the Worshipful Company of International Bankers.

A Greek Liveryman in the Worshipful Company of International Bankers.
Omiros Sarkias receiving the Freedom of the City of London We are pleased to announce that Mr. Omiros D. Sarikas, M&A Director at AHV Associates LLP, Citizen and International Banker of  the City of London, coming from Athens, Greece, has been duly admitted to the Worshipful Company of International...
July 9th, 2014 | Associations, Awards, Banking, People and Places, Person Profiles | Read More

Expert Market Survey: Shipping industry takes an optimistic view of the future

Expert Market Survey: Shipping industry takes an optimistic view of the future
Christian Nieswandt Shipping companies predict increased turnover and profits in 2014 Strong dynamic growth and increasing rates are expected in the bulk carrier market Shipping companies also see market opportunities for smaller and very large container vessels A wave of new construction will exacerbate...
July 8th, 2014 | Banking, Markets, Shipfinance | Read More

EIB boosts development of sustainable sea transport between Norway and Denmark

EIB boosts development of sustainable sea transport between Norway and Denmark
Peter Frølich shaking hand after signing the agreement with Mihail Tãnãsescu The European Investment Bank (EIB) is providing a EUR 124 million loan to the shipping company Fjord Line for the expansion of its fleet. Two new LNG cruise ferries are operating between Bergen, Stavanger, Langesund (Norway)...
July 8th, 2014 | Cruise Ferry, Cruise Industry, LNG, Shipbuilding and Shipyards, Shipfinance | Read More