Banks

ADB has raised $1.25 billion to help finance climate change mitigation and adaptation projects with the issue of dual-tranche 5-year and 10-year green bonds. 

United Community Banks, Inc. (NASDAQ:UCBI) (“United”) has completed its merger, effective July 31, 2017, with Myrtle Beach, South Carolina-based HCSB Financial Corporation (OTCQB:HCFB) (“HCSB”).

This amount is in addition to the more than EUR 2bn the EU bank has provided to the region since 1989 with the aim of driving economic growth and job creation via projects concerning roads, water supply and sanitation, hospitals, the environment and other areas.

Sberbank and SME Bank have increased the volume of financing to provide affordable loans to small and medium-sized enterprises.

Profit before income tax expense for the quarter ended 30 June 2017 was $228m, an increase of 35.7%...

National Australia Bank (NAB) today announced it will be the first Australian bank to offer a complete suite of unsecured,...

IBM announced today that it has been selected as the strategic partner of Bank of Cyprus, the leading banking and financial services Group in Cyprus, for the implementation of the Bank's Digital Transformation.

The group will use these funds to develop its business.

President Werner Hoyer is going to lead the European Investment Bank (EIB) for another six-year term, starting at the 1st of January 2018.