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Month: January 2024

Nykredit narrows full-year guidance and increases customer discounts – Totalkredit A/S

To Nasdaq Copenhagen Nykredit narrows full-year guidance and increases customer discountsThe Nykredit Group narrows its guidance for 2023 to a profit after tax for 2023 of some DKK 10.9 billion, which is at the high end of the guided full-year profit range of DKK 10-11 billion. The Group’s performance in 2023 was the best ever, and Nykredit consequently delivered record-high results for the third year running. Recent years’ strong results also benefit our customers. Nykredit is, quite uniquely, owned by an association of customers Forenet Kredit. As a direct consequence, Nykredit’s success provides customers with a number of benefits. Thanks to our strong performance this year, Totalkredit has decided to increase KundeKroner discounts on the mortgage administration payments of personal customers from 0.15% annually to...

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Nykredit narrows full-year guidance and increases customer discounts – Nykredit Bank A/S

To Nasdaq Copenhagen Nykredit narrows full-year guidance and increases customer discountsThe Nykredit Group narrows its guidance for 2023 to a profit after tax for 2023 of some DKK 10.9 billion, which is at the high end of the guided full-year profit range of DKK 10-11 billion. The Group’s performance in 2023 was the best ever, and Nykredit consequently delivered record-high results for the third year running. Recent years’ strong results also benefit our customers. Nykredit is, quite uniquely, owned by an association of customers Forenet Kredit. As a direct consequence, Nykredit’s success provides customers with a number of benefits. Thanks to our strong performance this year, Totalkredit has decided to increase KundeKroner discounts on the mortgage administration payments of personal customers from 0.15% annually to...

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Nykredit narrows full-year guidance and increases customer discounts – Nykredit Realkredit A/S

To Nasdaq Copenhagen Nykredit narrows full-year guidance and increases customer discountsThe Nykredit Group narrows its guidance for 2023 to a profit after tax for 2023 of some DKK 10.9 billion, which is at the high end of the guided full-year profit range of DKK 10-11 billion. The Group’s performance in 2023 was the best ever, and Nykredit consequently delivered record-high results for the third year running. Recent years’ strong results also benefit our customers. Nykredit is, quite uniquely, owned by an association of customers Forenet Kredit. As a direct consequence, Nykredit’s success provides customers with a number of benefits. Thanks to our strong performance this year, Totalkredit has decided to increase KundeKroner discounts on the mortgage administration payments of personal customers from 0.15% annually to...

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Digital Banking Market to Surpass 96.70 Billion by 2030 Drives Due to the Influx of Innovative Fintech Players

SkyQuest projects that the digital banking market will attain a value of USD 96.70 billion by 2030, with a CAGR of 20.1% over the forecast period (2023-2030). The digital banking market landscape is poised for substantial acceleration, driven by the influx of innovative fintech players into the financial services sector. Fintech companies have emerged as disruptors, offering extensive digital banking services through their platforms. Westford,USA, Jan. 11, 2024 (GLOBE NEWSWIRE) — According to SkyQuest, the digital banking market is encountering a shifting landscape with mounting competition from non-traditional players like fintech firms, payment service providers, and technology giants. In response to this dynamic environment, traditional banks increasingly turn to digital banking services to maintain their competitive edge. Browse...

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NBPE Announces 1H 2024 Dividend

THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONSNBPE Announces 1H 2024 Dividend 11 January 2024 NB Private Equity Partners (the “Company” or “NBPE”), the $1.3bn, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 1H 2024 Dividend and approach to capital allocation. William Maltby, Chairman, commented: “Today’s announced $22m dividend represents the 23rd consecutive dividend payment to be made to shareholders, taking total capital returned to shareholders via dividends to $338 million since 2013. Given the continued strong realisation activity in the portfolio, with $171 million of realisation proceeds received in 2023, the Board has also...

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Šiaulių bankas will introduce it’s Strategy update 2024 – 2029 at the Investors webinar

AB Šiaulių bankas invites shareholders, investors, analysts and other stakeholders to join it’s Strategy update 2024 – 2029 Investors webinar scheduled on 15 January, 2024 at 4:00 pm (EET). The presentation will be held online in English. The webinar will be hosted by Vytautas Sinius, CEO, Laura Križinauskienė, Head of Private Clients Division and Tomas Varenbergas, Head of Investment Management Division. After the presentation investors are welcome to ask questions. Please send your questions in advance to paulius.grigoravicius@nasdaq.com How to join the webinar? To join the webinar, please register via following link https://sb.zoomtv.lt/registration# After successful registration You will be provided with the webinar link and instructions how to join successfully. The webinar will be recorded and available online for everyone at Šiaulių...

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ForFarmers N.V.: Pavo strengthens market position through acquisition in UK

Lochem, 11 January 2024  Pavo strengthens market position through acquisition in UK Pavo, ForFarmers’ organisation in the equine sector worldwide, is expanding its market position through the acquisition of Thunderbrook Equestrian Limited (‘Thunderbrook’), a company operating mainly in the UK and Ireland. ForFarmers UK Holdings Ltd (‘ForFarmers’) acquires 100% of Thunderbrook’s shares. Thunderbrook is a strong brand with a broad product portfolio consisting of conventional and organic feed products, supplements and herbs for horses and ponies. Thunderbrook, with a turnover of GBP 3 million in 2023, has over the years built a wide distribution network in the UK and Ireland consisting of specialist wholesalers and retailers in the UK and Ireland. Thunderbrook also has a strong online position. All this offers prospects for further...

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BW Energy: Mandatory Notification of Trade – Exercise of existing Restricted Share Units (RSUs)

Mandatory Notification of Trade – Exercise of existing Restricted Share Units (RSUs) Under BW Energy’s Long Term Incentive Plan (LTIP), 171,995 RSUs from the prior years’ grants have been vested and exercised. In accordance with the terms and conditions of the RSUs, the Board of Directors have decided to settle the RSUs in cash. The cash settlement is equal to the number of vested restricted share units multiplied by the closing share price of the share on the stock exchange on which the shares are traded as of the Settlement Date. The share price for each of the exercised RSU is NOK 26.90 (the Settlement price).  The total settlement of the cash amount is allocated as follows:Carl K. Arnet, Chief Executive Officer has exercised 86,333 RSUs and will receive NOK 2,322,385 in cash settlement at Settlement Price. Following this, Mr....

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EfTEN Real Estate Fund net asset value per share and the preliminary financial results for

Commentary by the Fund Manager, Viljar Arakas The defining feature of 2023 was the fastest interest rate increase in the Eurozone’s 25-year history. Compared to the previous year, EfTEN Real Estate Fund AS’s consolidated interest expense nearly doubled in relation to EBITDA, directly impacting the fund’s free cash flow. However, due to the fund’s conservative financing policy, stable cash flow from investments, consistently low vacancy rates, and solid payment behavior from clients, the growth in EURIBOR did not result in cash flows of any underlying asset’s falling beyond critical limits. Considering the liquidity buffer of the fund’s subsidiaries, the management board plans to propose at the spring 2024 general meeting a dividend payment for the past year more than fund’s dividend policy foresees....

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YanGuFang Provides Update on Its CEO and CFO and Operations

SHANGHAI, China, Jan. 10, 2024 (GLOBE NEWSWIRE) — YanGuFang International Group Co., Ltd. (the “Company” or “YanGuFang”) (Nasdaq: YGF), a health food company primarily engaged in the production, sourcing, research and development, and sales and distribution of oat and grain products across China and internationally, today announced that the Company has been informed by the family members of Mr. Junguo He, the Chief Executive Officer (the “CEO”) and Chairman of the Board of Directors (the “Board”) of the Company, and Mr. Kui Shi, the Chief Financial Officer (the “CFO”) of the Company that the CEO and the CFO have been detained by certain Public Safety Bureau of Shanghai, China (“Shanghai Police”), and are currently under investigation by said Shanghai Police. As of the date of this announcement, the Company has not received any...

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