Day: May 14, 2020

The Annual General Meeting of Arion Bank 2020 was held by electronic means on 14 May 2020 at 16:00. The meeting was broadcasted live and votes were cast electronically using the Lumi AGM voting platform.The following are the results of the meeting:A decision on payment of a dividendIt was resolved that no dividend be paid for the fiscal year 2019 and that net earnings for 2019 be added to the Bank’s equityOther businessPrior to the meeting, a reservation (ice. bókun) from Gildi-lífeyrissjóður was received regarding the proposal on authorization to issue warrants that was approved at the Bank’s Annual General Meeting on 17 March 2020. The reservation in full was noted in the meeting minutes, to be published at the Bank’s website arionbanki.is/gm.

Framhaldsaðalfundur Arion banka hf. 2020 var haldinn rafrænt, þann 14. maí 2020, kl. 16:00. Fundurinn var sendur út rafrænt og kosning fór fram í gegnum kosningakerfi Lumi AGM.Eftirfarandi eru niðurstöður fundarins:Ákvörðun um greiðslu arðsSamþykkt var að enginn arður verði greiddur vegna ársins 2019 og að hagnaður ársins 2019 leggist við eigið fé bankans.Önnur málFyrir fundinn barst bókun frá Gildi-lífeyrissjóði varðandi tillögu um heimild til útgáfu áskriftarréttinda sem samþykkt var á aðalfundi bankans 17. mars sl. Bókunin var færð inn í fundargerð í heild sinni, sem birt verður á vefsíðu bankans arionbanki.is/gm

 Crédit Agricole Assurances, mobilised from the first days of the Covid-19 crisis to support its customers alongside the other Crédit Agricole Group entities, has demonstrated its solidity. In terms of activity, Crédit Agricole Assurances continued to shift its product mix towards unit-linked products and protection of assets and individuals. At the end of March 2020, growth in these priority lines was 13.8%1 compared with the first quarter of 2019, with a strong rise in unit-linked policies. Including euro-denominated inflows, Crédit Agricole Assurances posted revenues of €8.9 billion, down 16.8% compared with the first quarter of 2019, which had seen exceptionally high euro inflows.   Crédit Agricole Assurances continued to diversify its product mix by developing property and casualty insurance and personal protection: Death and disability,...

 Crédit Agricole Assurances, mobilisé dès les premiers jours de la crise du Covid-19 pour accompagner ses clients aux côtés des autres entités du groupe Crédit Agricole, affiche sa solidité. En termes d’activité, Crédit Agricole Assurances poursuit la réorientation de son mix-produit vers les unités de compte et la protection des biens et des personnes. A fin mars 2020, la croissance sur ces lignes prioritaires est de +13,8%1 par rapport au premier trimestre 2019, avec notamment une forte hausse des UC. En prenant en compte la collecte en euro, Crédit Agricole Assurances réalise un chiffre d’affaires de 8,9 milliards d’euros, en recul de 16,8% par rapport au premier trimestre 2019, qui avait connu une collecte euro exceptionnellement élevée. Crédit Agricole Assurances poursuit la diversification de son mix-produit par le développement...

UNIONDALE, N.Y., May 14, 2020 (GLOBE NEWSWIRE) — Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced today that its application for participation in the FHLBNY Small Business Recovery Grant Program has been approved.“We are very pleased that we have been approved to participate in the FHLBNY’s Small Business Recovery Grant Program. These funds will be distributed to small businesses and non-profit organizations in our local market areas.” stated John Buran, President and CEO. “As a community bank, we recognize the important role that small businesses will play in the economic recovery of our local markets.  This grant program is another way for us to contribute the much needed support to small businesses and charitable organizations in our local communities.”...

Communiqué de presse Suresnes, le 14 mai 2019 à 18h BELAssemblée Générale 2020L’Assemblée Générale Mixte des actionnaires de Bel, réunie à huis clos le 14 mai 2020 sous la présidence de Monsieur Antoine Fiévet, Président-Directeur Général, a approuvé l’ensemble des résolutions soumises à son vote.Les actionnaires ont notamment approuvé les comptes annuels et les comptes consolidés de l’exercice clos le 31 décembre 2019 ainsi que la distribution d’un dividende de 3,50 euros par action. La mise en paiement du dividende interviendra le 22 mai 2020.Par ailleurs, l’Assemblée Générale a approuvé le renouvellement des mandats de Madame Fatine LAYT et de Monsieur Florian SAUVIN en qualité d’administrateurs, pour une durée de quatre exercices, soit jusqu’à l’Assemblée Générale appelée à statuer sur les comptes de l’exercice clos le 31 décembre 2024.Le...

Paris, 14 May 2020 – 18:00COFACE SA: Fitch maintains Coface Ratings on Rating Watch NegativeFitch Ratings maintained, on May 14th 2020, Coface ratings on rating watch negative.Fitch has maintained all the ratings of Coface SA and its operating subsidiaries on Rating Watch Negative, with the exception of the short-term ratings of Coface SA, which has been taken off Watch Negative and affirmed at ‘F1’.In Fitch’s press release, the rating agency highlights “the strong liquidity of Coface, with cash representing 21% of the investment portfolio at end-March 2020, with no major near-term debt maturities due.”The rating agency continues to view Coface as “strongly capitalized and assumes that market value losses on insurance and factoring assets as well as insured credit portfolio put pressure on capitalisation metrics but do not...

Paris, le 14 mai 2020 – 18h00COFACE SA : Fitch maintient les notes de Coface sous surveillance négativeL’agence de notation Fitch a maintenu, le 14 mai 2020, les notes de Coface sous surveillance négative.Fitch a maintenu toutes les notes de Coface SA et de ses filiales opérationnelles sous surveillance négative, à l’exception des notations à court terme de Coface SA, qui ont été retirées de la surveillance négative et confirmées à ‘F1’.Dans son communiqué de presse, l’agence de notation souligne « la forte liquidité de Coface, avec un niveau de liquidité représentant 21% du portefeuille d’investissement à fin mars 2020, sans aucune échéance majeure de dette à court terme. »L’agence de notation continue de considérer Coface comme « fortement capitalisée » et suppose que « les pertes en valeur de marché sur...