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FSC completes investment in Spanish consumer finance specialist Ufasa


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FSC completes investment in Spanish consumer finance specialist Ufasa
3 hours ago
Source: Financial Services Capital
Financial Services Capital (“FSC”), the private equity investor dedicated to the transformation of the European financial services sector, has completed its acquisition of a stake in JZ Lending Ltd, which controls Spanish consumer finance specialist Unión Financiera Asturiana (“Ufasa”).
The Bank of Spain has approved FSC’s investment into this regulated financial services company.
Ufasa is an independent consumer finance specialist, founded in 1984 and headquartered in Oviedo, Asturias, that was initially partly acquired by JZ International in 2020. FSC’s investment is expected to accelerate the transformation and digitalisation of Uf ....

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BNP Paribas Fortis joins ING and KBC as ch-shareholder in loyalty platform Joyn


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BNP Paribas Fortis joins ING and KBC as ch-shareholder in loyalty platform Joyn
4 hours ago
Source: BNP Paribas
BNP Paribas Fortis will become a co-shareholder of Joyn and will acquire about one third of the shares, just like the other two big banks, KBC and ING. A small minority share remains in the hands of Gate 54.
With BNP Paribas Fortis joining, Joyn s commercial strength will be reinforced and the European leader in customer loyalty will be able to respond to the needs of retailers and consumers even better. ....

Erik Luts , Frank Stockx , Paribas Fortis , Karl Vankerckhoven , Paribas Forti , Max Jadot , பரிபாஸ் கோட்டை , பரிபாஸ் ஃபோர்டி , தலைப்புச் செய்திகள் ,

Jijau Commercial Co-op Bank awaits VIPs to launch its headquarters


Jijau Commercial Co-op Bank awaits VIPs to launch its headquarters
UCB floated novel scheme for Covid victims; gives Rs 10k to kin
Maharashtra based Jijau Commercial Cooperative Bank, which grabbed media headlines when it floated a member-friendly scheme of helping Covid victims by offering their kin a sum of Rs 10,000, is waiting for a VIP to inaugurate its new building.
The UCB has shifted its head office to a new location at its own premises in Amravati and at present its management is busy finding VIPs for inaugurating the office next month.
Talking about the novel idea of helping its members in tough Covid times, Jijau Commercial Cooperative Bank’s Chairman Avinash A Kothale said “We have made a budget of Rs 2.5 lakh, if there is a need we will extend it”. ....

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Assam State Co-op Bank donates Rs 10 lakh


Assam State Co-op Bank donates Rs 10 lakh
On the appeal of Assam Chief Minister Himanta Biswa Sarma, Assam State Cooperative Apex Bank has donated Rs 10 lakh towards Assam Arogya Nidhi to support the government’s efforts in handling the pandemic.
The Cheque was given by the bank’s Chairman In-Charge Biswajit Phukan to Assam Chief Minister Himanta Biswa last week at his office.
Later on sharing the news through social media, the official twitter handle of Chief Minister of Assam wrote, “Chairman i/c Assam Co-op Apex Bank @biswajitphukan today called on CM @himantabiswa and contributed Rs 10 lakh to CMRF on behalf of the bank. Thanking him for the generous donation, the CM asserted such contributions would augment the campaign against #Covid19. ....

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