Nordic Banks – Nordbi http://www.nordbi.org/ Tue, 26 Oct 2021 23:04:32 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 http://www.nordbi.org/wp-content/uploads/2021/04/nordbi-icon-150x150.png Nordic Banks – Nordbi http://www.nordbi.org/ 32 32 GlobalCapital launches syndicated loans and leveraged finance awards poll for 2021 http://www.nordbi.org/globalcapital-launches-syndicated-loans-and-leveraged-finance-awards-poll-for-2021/ http://www.nordbi.org/globalcapital-launches-syndicated-loans-and-leveraged-finance-awards-poll-for-2021/#respond Tue, 26 Oct 2021 16:04:20 +0000 http://www.nordbi.org/globalcapital-launches-syndicated-loans-and-leveraged-finance-awards-poll-for-2021/

GlobalCapital’s Loan Awards are the only full scale awards for the loan market in Europe, the Middle East and Africa, and the only ones based on a poll of market participants. This ensures that they truly reflect the opinion of the market, and is the reason for the longstanding support they enjoy.

We invite you to vote to determine the Awards via this online poll. The deadline for submissions is Friday, November 19.

In each category, the three or four nominees with the most votes will be published in December, and the complete results including the winners will be revealed in February, alongside awards for the private debt markets.

GlobalCapital has added awards this year to recognise the strides the syndicated loan and leveraged finance markets have made towards sustainable finance.

The rules of the poll are:

Banks, borrowers, investors, law firms, private equity firms and other market participants may vote. One vote is allowed per firm in each category.

You cannot win in a category in which you do not vote.

Banks and investors can vote for deals in which they are arrangers or lenders, but borrowers may not vote for their own deals. No firm can vote for itself as an institution or for an institutional award.

Canvassing for votes is forbidden, as is discussing your votes with others outside your firm.

Voting according to your true opinion of what was the most deserving winner is very important: if you do not win a particular award, you would rather a deserving candidate won, than an undeserving one.

We hope you enjoy the poll, and we would be happy to answer any questions. Please email silas.brown@globalcapital.com, if any questions arise.

Deals of the year

Deal of the year

Leveraged loan of the year

M&A loan of the year

Emerging market loan of the year

Infrastructure finance loan of the year

Renewables loan of the year

Regional deals of the year

UK and Irish deal of the year

French deal of the year

German, Swiss and Austrian deal of the year

Italian deal of the year

Iberian deal of the year

Benelux deal of the year

Nordic deal of the year

Central and Eastern European deal of the year

Turkish deal of the year

Middle Eastern deal of the year

African deal of the year

Bank awards

Loan house of the year

Best arranger of leveraged loans

Best arranger of M&A loans

Best arranger of project finance loans

Best arranger of trade finance loans

Best arranger of mid-cap loans

Most innovative lender bank for ESG lending

Best secondary loans house

Bank regional awards

Best arranger of Western European loans

Best arranger of green and ESG-linked loans for Western Europe

Best arranger of UK and Irish loans

Best arranger of French loans

Best arranger of German, Swiss and Austrian loans

Best arranger of Italian loans

Best arranger of Iberian loans

Best arranger of Benelux loans

Best arranger of Nordic loans

Best arranger of Central and Eastern European loans

Best arranger of green and ESG-linked loans for CEEMEA

Best arranger of Turkish loans

Best arranger of Middle Eastern loans

Best arranger of African loans

Sustainable lending awards

CEEMEA sustainability-linked loan of the year

Western European investment grade sustainability-linked loan of the year

Sustainability-linked leveraged loan of the year

Emerging market sustainability-linked loan of the year

Best private equity house for green and ESG-linked finance

Most innovative private equity house for ESG

Most impressive law firm for ESG

Best advisers, investors and law firms 

Best corporate finance adviser

Best law firm for syndicated loans

Best loan restructuring house

Best institutional lender

Best subordinated debt investor

Best distressed loan investor

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Crowdcube Reports £3 Million in Revenue for Q3, Works on European Expansion in Advance of New EU Crowdfunding Rules http://www.nordbi.org/crowdcube-reports-3-million-in-revenue-for-q3-works-on-european-expansion-in-advance-of-new-eu-crowdfunding-rules/ http://www.nordbi.org/crowdcube-reports-3-million-in-revenue-for-q3-works-on-european-expansion-in-advance-of-new-eu-crowdfunding-rules/#respond Mon, 25 Oct 2021 15:03:34 +0000 http://www.nordbi.org/crowdcube-reports-3-million-in-revenue-for-q3-works-on-european-expansion-in-advance-of-new-eu-crowdfunding-rules/

Crowdcube, a leading investment crowdfunding platform operating in the UK and continental Europe, has posted an update on platform performance. According to CEO and founder Darren Westlake, Crowdcube generated £3 million in top-line revenue during Q3 – down slightly from the £3.2 million generated in Q2. Westlake said this number was on track and typically they experience a slight decline in securities offerings during the summer. Westlake did not mention the net loss nor profit for the firm. Westlake did mention they have seen strong investment activity on the platform since they started taking carry, similar to what VCs do, creating further value for our shareholders. By charging carry, Crowdcube should be better positioned to generate a net income as funded firms become successful.

Westlake reported 45 businesses were funded during the quarter raising £46 million. These firms were located in both the UK and Europe.

Next month, new rules will start in the European Union enabling issuers to raise up to €5 million from all member states. Crowdcube and other online investment platforms are working to take advantage of these harmonized rules.

Westlake said they have hired Pauline Pham as France country manager and are looking to boost their team in Berlin (for DACH) while hiring “great talent” in the Nordic region.

Platform updates include a path for funded companies that list on a stock exchange to involve their community and retail investors.

“We ensure our company records are updated, and investors are emailed and offered the opportunity to view, monitor and buy/sell publicly listed shares from their Crowdcube portfolio via a General Investment Account (GIA) (through our partnership with Seccl). We have continued to build market presence and positioning with key IPO stakeholders across the banks and advisory firms, as well as investing in broader public advocacy around retail investor inclusion at the point a company goes public,” said Westlake.

Challenges for the firm include the “scarcity of talent and an inflationary wage market.”

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Volvo Cars confirms Sweden IPO http://www.nordbi.org/volvo-cars-confirms-sweden-ipo/ http://www.nordbi.org/volvo-cars-confirms-sweden-ipo/#respond Fri, 22 Oct 2021 14:59:26 +0000 http://www.nordbi.org/volvo-cars-confirms-sweden-ipo/

Volvo will begin trading at the Nasdaq Stockholm stock exchange on 28 October. Photo: Kristoffer Tripplaar/Sipa USA

Volvo Cars, owned by Chinese company Geely, intends to once again float on the stock exchange after 20 years with a listing in Sweden later this month.

Its shares will begin trading at the Nasdaq Stockholm stock exchange on 28 October.

The company said it will offer shares at 53 Swedish kronor to 68 kronor each in a move that is expected to raise nearly $3bn and value the automaker at up to $2bn.

The initial public offering (IPO) is set to be Europe’s largest since January, as per data compiled by Bloomberg.

Geely, which bought Volvo Cars in 2010 from Ford (F), had indicated to banks and investors earlier that it was preparing an IPO. it will continue as the Swedish company’s main owner.

Volvo CEO Hakan Samuelsson said the company was looking for small private investors in Sweden to take an opportunity to buy shares of Volvo Cars.

Read more: UK’s favourite used cars see prices soar

“I think we have a very strong interest especially from the Nordic investors,” he told a news conference.

The carmaker has ambitious goals to sell only full electric cars by 2030. It hopes to use funds from the IPO to boost its car-making capacity so it can nearly double annual sales to more than 1.2 million vehicles. 

It also has plans to construct a battery plant in Europe.

“We have a very clear strategy to be an electric company in 2030 and we’ve been on that journey for some years now,” said Samuelsson. 

“With this, of course, we can secure that transformation, because of course, it’s not free of charge.”

In 2018, Volvo postponed IPO plans due to trade tensions and a decline in automotive stocks. Reportedly investors were said to be shocked at its valuation expectations of as much as $30bn.

Meanwhile, electric-car maker Polestar, owned by Geely and Volvo, last month said it will go public by merging with a US-listed special purpose acquisition company (SPAC) at an enterprise value of $20bn.

Watch: What is a SPAC?

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Nordea Bank : Interim report Nordea Direct Bank Third Quarter 2021 http://www.nordbi.org/nordea-bank-interim-report-nordea-direct-bank-third-quarter-2021/ http://www.nordbi.org/nordea-bank-interim-report-nordea-direct-bank-third-quarter-2021/#respond Thu, 21 Oct 2021 15:04:10 +0000 http://www.nordbi.org/nordea-bank-interim-report-nordea-direct-bank-third-quarter-2021/







Interim Report 3rd quarter 2021

Nordea Direct Bank

Nordea Direct Bank ASA is part of the Nordea Group. Nordea build strong and close relationships through our engagement with customers and society. Whenever people strive to reach their goals and realise their dreams, we are there to provide relevant financial solutions. We are one of the largest banks in the Nordic region and among the ten largest financial groups in Europe in terms of total market capitalisation with around 10 million customers. The Nordea share is listed on the Nasdaq Helsinki, Nasdaq Copenhagen and Nasdaq Stockholm exchanges.

Read more about us on Nordea.com.

Key financial figures

Summary of income statement

NOKt

Jan-Sep 2021

Jan-Sep 2020

Year 2020

Net interest income

533,688

532,263

724,630

Net commission income and other operating income

28,681

-38,831

-43,938

Total income

562,369

493,432

680,693

Staff costs

70,277

77,184

101,396

Other expenses

154,910

140,333

196,121

Total operating expenses

225,187

217,517

297,517

Loan losses (negative figures are reversals)

14,539

127,175

86,810

Operating profit

322,643

148,740

296,365

Income tax expense

80,661

37,185

75,328

Net profit for the period

241,982

111,554

221,037

Summary of balance sheet

NOKt

30 Sep 2021

30 Sep 2020

31 Dec 2020

Loans to the public (gross)

52,654,516

50,447,984

50,708,573

Allowance for loan losses

-176,026

-476,156

-169,591

Deposits and borrowings from the public

13,855,881

15,180,007

14,391,542

Total assets

57,375,507

56,085,402

56,003,342

Equity

4,417,129

4,075,003

4,179,280

Assets under management

119,503

Ratios and key figures

Jan-Sep 2021

Jan-Sep 2020

Year 2020

Net interest margin, annualised

%

1.26

1.36

1.36

Loss rate

%

0.04

0.37

0.18

Non-performing loans in % of gross lending1

%

0.37

1.41

0.19

Return on equity, annualised

%

7.48

3.69

5.53

Deposit-to-loan ratio at the end of the period

%

26.3

30.1

28.4

Capital adequacy ratio2

%

19.1

18.5

20.2

Tier 1 capital ratio2

%

18.7

17.6

19.2

Common equity Tier 1 capital ratio2

%

18.0

16.9

18.6

Cost/income ratio

%

40.0

44.1

43.7

Liquditiy Coverage Ratio

%

319

292

409

Average total assets

NOKt

56,721,211

52,106,607

53,235,728

Number of employees

Number

93

105

108

Total deposit above NOK 2 million

NOK billion

1.90

2.54

2.04

  1. Gross default over 90 days
  2. The profit for the period is not included in the calculation for the quarters, with the exception of fourth quarter

For more detailed information regarding ratios and key figures defined as Alternative performance measures, see www.nordea.com/en/investor-relations/.

Nordea Direct Bank – Interim Report, 3rd quarter 2021

2

Introduction

(Previous year comparable figures for the company are shown in brackets)

Nordea Direct Bank ASA is a wholly owned subsidiary of Nordea Bank Abp. The bank was established in 2007 and has administrative offices in Oslo and Førde.

The merger between Nordea Direct Bank ASA and Nordea Bank Abp is ongoing and the target completion date is 1 November 2022. Completion is subject to regulatory approval.

Income statement

Operating profit was NOK 322.6m (NOK 148.7m). The increase was a result of improved gains from financial instruments, one time bookings on the total Income, as well as improved write-down and losses.

Total income amounted to NOK 562.4m (NOK 493.4m).

Net interest income amounted to NOK 533.7m (NOK 532.3m). The positive effect of the portfolio growth was offset by the decreased net interest margin.

Net commission income and other income amounted to NOK 28.7m (NOK 38.8m). The increase was primarily driven by gains on financial instruments and a one-time booking related to a portfolio of pre-paid cards. The one-time booking relates to the closing of pre-paid cards issued by Gjensidige Bank ASA (now Nordea Direct Bank ASA) for a third party. The prepaid cards have expired already before the acquisition of Gjensidige Bank ASA by Nordea Bank Abp and the board decided to write-off the balance of these cards, in close dialogue with the third party and after taking all necessary steps to pay out customer dues.

Net interest margin1 was 1.26% (1.36%). The change in the portfolio composition led to a decrease in the rate.

Operating expenses were NOK 225.2m (NOK 217.5m).

The cost/income ratio was 40.0% (44.1%), a result of improved total Income.

Total write-downs and losses amounted to NOK 14.5m (NOK 127.2m). Three main factors contributed to the decrease: the sale of an unsecured lending portfolio at the end of 2020, tightening of credit rules during 2020 as well as improved economic outlook.

The development of the collective loan loss allowance is correlated with the development of the economic outlook. During the second quarter of 2021, the economic outlook improved, indicating a release of the allowance. Covid-19 still creates an uncertain environment and can have unexpected effects. In addition, a set of new models for calculating the collective loan loss allowance is under development. Considering the early stage, the effect they will have on the collective loan loss allowance was still unk- nown. With these two arguments in mind, the bank passed on a management judgement that mitigated the positive impact of the release. The bank also partially released the management judgement build in the second quarter of 2020. The release was related to forbearance, which was not included in the model for collective loan loss allowance at that time. During 2021, the model was updated to take forbearance into consideration and therefore the management judgement was released.

In the third quarter of 2021, the collective loan loss allowance increased due to the portfolio perfor- mance. The bank kept the level of the management judgement unchanged and will evaluate the next steps before year-end closing.

Write-downs and losses were 0.04% (0.37%) of average gross lending. The decrease was driven by lower write-downs and losses following the delinquent portfolio sale, tightened credit rules and the economic outlook, as well as the change in the portfolio composition.

Gross lending in default over 90 days decreased to NOK 197.2m (NOK 712.5m). As a result, gross loans in default over 90 days were 0.37% (1.41%) of total gross lending.

Nordea Direct Bank -Interim Report, 3rd quarter 2021

3

The weighted average loan-to-value ratio2 was estimated to be 61.6% (61.4%) for the mortgage portfo- lio.

Lending and deposits growth

Gross lending increased by 4.4% and amounted to NOK 52,654.5m (NOK 50,448.0m) as of 30 September 2021. The growth was due to the bank entering an agreement with The Confederation of Unions for Professionals (UNIO), the second biggest labour union in Norway, during 2020. The favourable situation on the property market also contributed to the development. During the second quarter of 2021, the bank sold all the lending contracts with its agriculture customers and also transferred most of their outstanding relationships. Deposits decreased by 8.7%, reaching NOK 13,855.9m (NOK 15,180.0m).

Capital position

As of 30 September 2021, the Nordea Direct Bank Group had a capital adequacy ratio of 19.1% (18.5%). The total capital held by the bank was NOK 4,270.7m (NOK 4,149.3m), of which NOK 4,025.8m (NOK 33,804.5m) was common equity Tier 1 capital. The common equity Tier 1 capital ratio was 18.0% (16.9%).

Rating

Nordea Direct Bank ASA and its subsidiary Nordea Direct Boligkreditt AS had a long-term and short- term counterparty credit rating of AA-/A-1+. The covered bonds portfolio issued by Nordea Direct Boligkreditt AS had a long-term rating of AAA.

Nordea Direct Boligkreditt AS will hold the amount of over-collateralisation required to maintain the current rating for Nordea Direct Boligkreditt AS`s covered bond program.

Debt securities issued

Net issues of debt securities, including subordinated loan capital, amounted to NOK 16.317.0m (NOK 22.365.7) as of 30 September 2021. The total face value of the securities issued by the bank was NOK 16,246.5m.

Repayments through ordinary maturity and buy back of bonds from investors were NOK 4,711.0m in the period.

Liquidity

As of 30 September 2021, Nordea Direct Bank Group had net liquid assets of NOK 4,656.9m, divided between NOK 183.8m in bank deposits and NOK 4,473.1m in debt securities. Nordea Direct Bank Group had no longer any investments in the covered bonds issued by Nordea Direct Boligkreditt AS. The net liquid assets were at an ade¬quate level that covers the bond debt that is due in the next 7 months.

Norwegian financial institutions are required to maintain a Liquidity Coverage Ratio (LCR) on 100 %, in order to be able to cover net liquidity outflow during periods with limited access to market funding. The LCR for Nordea Direct Bank Group was 319% (292%) at end of third quarter.

1 The net interest margin is calculated as net interest income as a percentage of average total assets, annualised.

2 The loan-to-value ratio estimate is calculated on the basis of the exposure on the reporting date and the property valuation, including any higher priority pledge(s), at the time the loan was approved.

Nordea Direct Bank – Interim Report, 3rd quarter 2021

4

Covid-19 Measures

During September 2021 Norway saw the society opening up due to the good progress of the vaccination programme run by the Norwegian authorities. Considering the development, Nordea Direct Bank ASA no longer sees the need or special measures and follow-ups due to Covid-19. The bank will continue to monitor the overall economic situation for any unexpected developments that could have negative impact on its operations.

Organisation changes

During November 2021, a large share of the Nordea Direct Bank ASA organisation will be moved into Nordea Bank Abp. In order to secure stable operations for the bank, Nordea Bank Abp will provide the services performed by the departments moved and the relationship will be governed through intragroup agreements between the two legal entities.

Events after the balance sheet date

No significant events have occurred after the end of the quarter.

Nordea Direct Bank ASA

Oslo, 21 October 2021

Randi Marjamaa

Sjur Loen

Ulf Andre Bjørnhaug

Chairman

Board member

Board member

Mona Eek-Jensen

Per Kumle

Hans-Jacob Starheim

Board member

Board member

Employee representative

Krister G. Aanesen

Chief Executive Officer

Nordea Direct Bank -Interim Report, 3rd quarter 2021

5

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Nordea Bank Abp published this content on 21 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 October 2021 15:03:08 UTC.

Publicnow 2021

All news about NORDEA BANK ABP

Analyst Recommendations on NORDEA BANK ABP
06/22 ANALYST RECOMMENDATIONS : CBRE, EasyJet, Ford Motor, Paramount, MetLife…
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Sales 2021 9 568 M
11 123 M
11 123 M
Net income 2021 3 697 M
4 297 M
4 297 M
Net Debt 2021

P/E ratio 2021 119x
Yield 2021 0,80%
Capitalization 440 B
51 204 M
512 B
Capi. / Sales 2021 46,0x
Capi. / Sales 2022 45,5x
Nbr of Employees 27 510
Free-Float



Duration :


Period :




Nordea Bank Abp Technical Analysis Chart | MarketScreener

Technical analysis trends NORDEA BANK ABP

Short Term Mid-Term Long Term
Trends Neutral Bullish Bullish



Income Statement Evolution

Sell

Buy

Mean consensus OUTPERFORM
Number of Analysts 18
Last Close Price
109,00 €
Average target price
11,39 €
Spread / Average Target -89,5%


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Nordic optical IPO’s fortune is tied to EssiLux http://www.nordbi.org/nordic-optical-ipos-fortune-is-tied-to-essilux/ http://www.nordbi.org/nordic-optical-ipos-fortune-is-tied-to-essilux/#respond Wed, 20 Oct 2021 16:01:09 +0000 http://www.nordbi.org/nordic-optical-ipos-fortune-is-tied-to-essilux/

Reuters
Reuters

(The author is a Reuters Breakingviews columnist. The opinions expressed are their own.)

MILAN (Reuters Breakingviews) – Glasses and lenses retailer Synsam is being suitably modest. The Scandinavian optician, which runs 490 stores, is listing its shares https://www.synsamgroup.com/wp-content/uploads/2021/10/Synsam-AB-publ-Prospectus.pdf at between 46 and 56 Swedish crowns each. The top of that range gives a market value of 8.4 billion Swedish crowns, or close to $1 billion. Including debt, that’s roughly 9 times its projected 2022 EBITDA of 1.3 billion Swedish crowns, in line with Dutch retailer GrandVision, a rival in the hypercompetitive Nordic market.

Synsam hopes its well-oiled subscription model will expand annual sales by 12% and boost EBITDA margins to above 25%. Yet it’s not the only one in that game. Furthermore, $86 billion market leader EssilorLuxottica, which is buying GrandVision, is a worry. While eyewear distribution is fragmented, suppliers of glasses are harder to find. Even though Synsam sells some in-house models, Leonardo Del Vecchio’s giant is a major producer of lenses and branded frames. Where EssilorLuxottica goes, Synsam will likely follow. (By Lisa Jucca)       

On Twitter http://twitter.com/breakingviews

Capital Calls – More concise insights on global finance:

Rio Tinto is king of the net-zero little leagues

Apollo, god of basically everything

DraftKings’ $23 bln UK punt has long odds

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Klarna rushes to self-regulate before regulation

(Editing by Ed Cropley and Oliver Taslic)

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Global Digital Lending Market (2021 to 2026) http://www.nordbi.org/global-digital-lending-market-2021-to-2026/ http://www.nordbi.org/global-digital-lending-market-2021-to-2026/#respond Tue, 19 Oct 2021 09:43:00 +0000 http://www.nordbi.org/global-digital-lending-market-2021-to-2026/

Dublin, Oct. 19, 2021 (GLOBE NEWSWIRE) — The “Digital Lending Market by Offering (Solutions (Digital Lending Platforms and Point Solutions) and Services), Deployment Mode (Cloud and On-Premises), End User (Banks, Credit Unions, and NBFCs), and Region – Global Forecast to 2026” report has been added to ResearchAndMarkets.com’s offering.

The global Digital Lending Market size to grow from USD 10.7 billion in 2021 to USD 20.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 13.8% during the forecast period.

The growing demand for digital lending platforms among SMEs to drive the Digital Lending market. Digital lending enables SMEs to research various lenders and the terms they are offering and choose the best option. It also reduces the time for loan disbursement from 2-3 months in case of offline lending to just 2-3 days. This is crucial for SMEs as it helps them meet the working capital needs to facilitate smooth operations.

By Services, the Support and Maintenance segment to grow at the higher CAGR during the forecast period.

By Services, the Support and Maintenance segment is expected to grow at a higher growth rate during the forecast period. Support and maintenance services include assistance related to the implementation and the use of digital lending solutions. Support and maintenance services help in the resolution of the lender’s queries pertaining to digital lending solutions. Support and maintenance teams help organizations reap the maximum benefits from the investments made to implement digital lending solutions.

By Solutions, the Point Solutions segment to hold the larger market size during the forecast period.

The Point Solutions segment is expected to hold a larger market size. Point Solutions refer to the solutions offered to address a single section of the entire loan processing life cycle. Point solution providers specialize in overcoming specific use cases or challenges that the users face during the loan application process, providing more flexibility to meet their needs.

By End User, NBFCs segment to grow at the highest CAGR during the forecast period.

The Non-banking Financial Companies (NBFCs) segment is projected to grow at the highest CAGR during the forecast period. Since NBFCs usually don’t have a large distribution network, they are going digital to have a chance to reach out to a larger customer base, even in tier 2 and tier 3 cities. This adaptation of digital lending has improved the quality of decision-making for NBFCs.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Digital Lending Market
4.2 Market, by Offering
4.3 Market, by Solutions
4.4 Market, by Services
4.5 Market, by End-user
4.6 Digital Lending Market, by Deployment Mode
4.7 Market, by Region
4.8 Market, by Country

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Proliferation of Smartphones and Growth in Digitalization
5.2.1.2 Need for Better Customer Experience
5.2.1.3 Government Actions to Safeguard Digital Lending
5.2.1.4 Greater Visibility and Options for Borrowers and Lenders
5.2.1.5 Growing Demand for Digital Lending Platforms Among SMEs
5.2.1.6 Surge in Digital Lending During the Pandemic
5.2.2 Restraints
5.2.2.1 Higher Dependency on Traditional Lending Methods
5.2.3 Opportunities
5.2.3.1 Rise in Adoption of Ai, Machine Learning, and Blockchain-Based Digital Lending Platforms and Solutions
5.2.3.2 Increase in Demand for Advanced Digital Lending Solutions for Retail Banking
5.2.4 Challenges
5.2.4.1 Lack of Digital Literacy in Underdeveloped Countries
5.2.4.2 Network Connectivity and Infrastructural Issues
5.2.4.3 Data Security and Privacy Concerns due to Increasing Cyber-Attacks
5.3 Industry Trends
5.3.1 Regulatory Implications
5.3.1.1 General Data Protection Regulation (Gdpr)
5.3.1.2 Payment Card Industry Data Security Standard (PCI Dss)
5.3.1.3 Payment Services Directive 2 (Psd2)
5.3.1.4 Know Your Customer (KYC)
5.3.1.5 Anti-Money Laundering (Aml)
5.3.1.6 Electronic Identification, Authentication, and Trust Services (Eidas)
5.3.1.7 Health Insurance Portability and Accountability Act (HIPAA)
5.3.1.8 Federal Information Security Management Act (Fisma)
5.3.1.9 Gramm-Leach-Bliley Act (Glba)
5.3.1.10 Sarbanes-Oxley Act (Sox)
5.3.2 Digital Lending Models
5.3.3 Use Cases
5.3.3.1 Case Study 1: Finastra Helped Beacon Credit Union to Create Accurate, Compliant Loan Documentation in a Fast, Straightforward, and Highly Automated Way
5.3.3.2 Case Study 2: with the Help of Fiserv, Toyota Financial Services Integrated Paperless Contracting into Its Business Practices
5.3.3.3 Case Study 3: Nordic Fintech Pioneer Folkefinans Migrates Products to Mambu and Launches Revolving Credit Loan
5.3.3.4 Case Study 4: Idea Bank Reduced the Generation Time for Each New Loan or Leasing Application with the Help of Hes Fintech
5.3.3.5 Case Study 5: Moneyman Automated the Entire Microfinance Lending Process with Hes Fintech

6 Digital Lending Market, by Offering
6.1 Introduction
6.1.1 Offering: Market Drivers
6.1.2 Offering: Impact of COVID-19 on the Market
6.2 Solutions
6.2.1 Digital Lending Platforms
6.2.2 Point Solutions
6.2.2.1 Loan Origination
6.2.2.2 Loan Servicing
6.2.2.3 Loan/Debt Collection
6.2.2.4 Limit and Collateral Management
6.2.2.5 P2P Lending Software
6.2.2.6 Others
6.3 Services
6.3.1 Consulting
6.3.2 Implementation
6.3.3 Support and Maintenance

7 Digital Lending Market, by Deployment Mode
7.1 Introduction
7.1.1 Deployment Mode: Market Drivers
7.1.2 Deployment Mode: Impact of COVID-19 on Market
7.2 Cloud
7.3 On-Premises

8 Digital Lending Market, by End-user
8.1 Introduction
8.1.1 End-user: Market Drivers
8.1.2 End-user: Impact of COVID-19 on the Market
8.2 Banks
8.3 Credit Unions
8.4 Non-Banking Financial Companies (Nbfcs)

9 Digital Lending Platform Market, by Region

10 Competitive Landscape
10.1 Overview
10.2 Top Vendors in the Digital Lending Market
10.3 Competitive Scenario
10.3.1 Product Launches
10.3.2 Deals
10.3.3 Others

11 Company Profiles
11.1 Key Players
11.1.1 Fiserv
11.1.2 Ice Mortgage Technology
11.1.3 Fis
11.1.4 Newgen Software
11.1.5 Nucleus Software
11.1.6 Temenos
11.1.7 Pega
11.1.8 Intellect Design Arena
11.1.9 Tavant
11.1.10 Sigma Infosolutions
11.2 Other Players
11.2.1 Docutech
11.2.2 Cu Direct
11.2.3 Abrigo
11.2.4 Wizni
11.2.5 Built Technologies
11.2.6 Turnkey Lenders
11.2.7 Finastra
11.2.8 Rupeepower
11.2.9 Roostify
11.2.10 Juristech
11.2.11 Decimal Technologies
11.2.12 Hes Fintech
11.2.13 Argo
11.2.14 Symitar
11.2.15 Edgeverve
11.2.16 Tcs
11.2.17 Wipro
11.2.18 Sap
11.2.19 Oracle
11.2.20 Bny Mellon
11.2.21 Black Knight

12 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/7dvfju

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
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B2B2C Insurance Market Becoming ‘Red Hot’, Explore Giants Move http://www.nordbi.org/b2b2c-insurance-market-becoming-red-hot-explore-giants-move/ http://www.nordbi.org/b2b2c-insurance-market-becoming-red-hot-explore-giants-move/#respond Sat, 16 Oct 2021 20:28:30 +0000 http://www.nordbi.org/b2b2c-insurance-market-becoming-red-hot-explore-giants-move/

The latest independent research document on Global B2B2C Insurance examine investment in Market. It describes how companies deploying these technologies across various industry verticals aim to explore its potential to become a major business disrupter. The B2B2C Insurance study eludes very useful reviews & strategic assessment including the generic market trends, emerging technologies, industry drivers, challenges, regulatory policies that propel the market growth, along with major players profile and strategies. This version of B2B2C Insurance market report advocates analysis of AXA, Zurich Insurance Group, China Life Insurance, Berkshire Hathaway, Prudential, UnitedHealth Group, Munich Re Group, Assicurazioni Generali S.p.A., Japan Post Holding & Allianz.

Get Free Sample Pages of Global B2B2C Insurance Market Study Now @: https://www.htfmarketreport.com/sample-report/2529138-global-b2b2c-insurance-market-3

As B2B2C Insurance research and application [Banks and Financial Institutions, Automotive, Retailers, Health Care] continues to expand in scope, the market will see deeper integration and application of more technologies in the future. This commercialization of market is playing a positive role in accelerating B2B2C Insurance business digitalization, improving industry chain structures and enhancing information use efficiency. The findings mainly focus on category or product type: , On-line, Off-line etc, which underpins many recent advances in the other B2B2C Insurance technologies.

In order to provide a more informed view, B2B2C Insurance research offers a snapshot of the current state of the rapidly changing industry, looking through the lenses of both end users and service provides/players of to come up with a more robust view.

Market Scope

Based on the type of product, the market segmented into :, On-line, Off-line

Based on the End use application, the market segmented into : Banks and Financial Institutions, Automotive, Retailers, Health Care

Buy this research report @ https://www.htfmarketreport.com/buy-now?format=1&report=2529138

Regional Landscape

Geographically, the B2B2C Insurance market size by revenue is broken down by 18+ countries from North America, LATAM, the Middle East, Asia Pacific, Africa, and Europe based on various characteristics such as geographic footprints and business operation locations of players.

Analysts at HTF MI sheds light on B2B2C Insurance market data by Country

Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, South Korea, Thailand, India, Indonesia, Australia and Others)
Europe (Germany, Russia, the UK, Italy, France, Spain, Belgium, Netherlands, Switzerland, Nordic Nations, Rest of Europe.)
North America (the United States, Mexico, and Canada)
South America (Brazil, Argentina, Chile, Rest of South America)
Middle East and Africa (GCC Countries, Turkey, Israel, South Africa, Egypt and Rest of MEA)

The B2B2C Insurance study cites various market development activities and business strategies such as new product/services development, Joint Ventures, partnerships, mergers and acquisitions, etc that Industry players such as AXA, Zurich Insurance Group, China Life Insurance, Berkshire Hathaway, Prudential, UnitedHealth Group, Munich Re Group, Assicurazioni Generali S.p.A., Japan Post Holding & Allianz are utilizing to overcome macro-economic scenarios. The B2B2C Insurance Market company profiles include Business Overview, Product / Service Offerings, SWOT Analysis, Segment & Total Revenue, Gross Margin and % Market Share.

Not Matching with Business Objective? Enquire for Customize Report @ https://www.htfmarketreport.com/enquiry-before-buy/2529138-global-b2b2c-insurance-market-3

Extracts from Global B2B2C Insurance Market Study

1. Market Snapshot
2. Global B2B2C Insurance Market Factor Analysis
– Value Chain Analysis
– Growth Drivers, Trends and Challenges
– Porters 5- Forces Analysis
– PESTEL Analysis
3.B2B2C Insurance Market by Type (2016-2026) [, On-line, Off-line]4. Market by Applications/ End Users (2016-2026) [Banks and Financial Institutions, Automotive, Retailers, Health Care]5.B2B2C Insurance Market: Country Landscape
6. Market Size Breakdown for Each Country
7. Competitive Landscape
– Market Share Analysis by Players
– Company Profiles

……….. Continued

Data Sources & Methodology

The primary sources involve the industry experts from the Global B2B2C Insurance Market including the management organizations, processing organizations, service providers of the industrial value chain. In the extensive research process undertaken for this study, the primary sources considered such as Postal Surveys, telephone, Online & Face-to-Face Survey to obtain and verify both qualitative and quantitative aspects. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were used.

Read Detailed Index of full Research Study at @ https://www.htfmarketreport.com/reports/2529138-global-b2b2c-insurance-market-3

Thanks for reading B2B2C Insurance Industry research publication; you can opt for regional report version like Western Europe, USA, China, Southeast Asia, LATAM, APAC etc. Also, we can serve you with customize research services as HTF MI holds a database repository that includes Public organizations and Millions of Privately held companies with expertise across various Industry domains.

About Author:
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ReconArt, SmartStream, BlackLine, Adra – Radford University Athletics http://www.nordbi.org/reconart-smartstream-blackline-adra-radford-university-athletics/ http://www.nordbi.org/reconart-smartstream-blackline-adra-radford-university-athletics/#respond Sat, 16 Oct 2021 12:30:05 +0000 http://www.nordbi.org/reconart-smartstream-blackline-adra-radford-university-athletics/

The study gives you insider insight on how the Recon Software for the Financial Service Market  will develop. This report’s research reveals key trends that are influencing the growth. It gives a detailed analysis of market size, global sales, growth opportunities, and cost in each region. The research also includes a COVID-19 analysis, which shows how the pandemic has impacted market growth and created new prospects.

Request Free sample Pages of this report
https://www.infinitybusinessinsights.com/request_sample.php?id=646691

The report’s company profiles contain an overview of the firm in the Recon Software for the Financial Service Market , business methods used, and significant development strategies used by the leading market players, as well as an analysis of their impact on overall growth projections. This study report contains a comprehensive set of crystalline data, including specific analyses of value, volume, business level, and regional level data. The research report gives information on historical facts and potential scenarios while preserving a global viewpoint.

Top key players: ReconArt, SmartStream, BlackLine, Adra, Fiserv, SAP, Gresham Technologies, IStream Financial Services, Aurum Solution, API Software, Xero, Unit4, Cashbook, Trintech, Rimilia

The pandemic has expanded to practically every country in the world since the COVID-19 viral outbreak in December 2019, prompting the World Health Organization to declare it a public health emergency. The massive supply chain slowdowns in the Recon Software for the Financial Service Market  , market volatility, falling business confidence, rising public panic, and more. The forecast for the market is stated as a percentage over a given time period. The research also looks at how well-known players outperform their competition.

Recon Software for the Financial Service Market , By Type:Cloud Based, On Premise

Recon Software for the Financial Service Market , By Application:Banks, Insurance, Retail, Government, Others

North America is located in North America (U.S., Canada)
Latin America is a continent in South America (Mexico. Brazil)
Europe’s Western Front (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Europe’s east (Poland, Russia)
Asia and the Pacific (China, India, ASEAN, Australia & New Zealand)
Africa and the Middle East (GCC, S. Africa, N. Africa)

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FAQs:

1.During the projected period, what will be the market’s growth rate, growth momentum, or acceleration?
2.What are the main drivers of the in market?
3.In terms of value, how big was the emerging market in 2020?


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Pandemic takes its toll on custody scores http://www.nordbi.org/pandemic-takes-its-toll-on-custody-scores/ http://www.nordbi.org/pandemic-takes-its-toll-on-custody-scores/#respond Fri, 15 Oct 2021 12:17:30 +0000 http://www.nordbi.org/pandemic-takes-its-toll-on-custody-scores/

A global survey of over 800 custody clients shows that over the past year appreciation levels of the job sub-custodians are doing have dropped. That said, in the vast bulk of markets, service expectations appear to have been met, though what people are paying for them is a different story.

The accompanying table shows global average scores for various categories of service. After a few years of improving results, these are now back to their traditional position, where 5.00 to 5.99 represents ‘Good’, but not ‘Exciting’. Pricing is on the cusp between Good and Satisfactory. 

The Global Custodian Agent Bank Surveys – major, emerging and frontier – are designed to elicit the views and perceptions of cross-border investors about the post-trade services they receive in markets around the world. They have been conducted annually since 1989.  

The Agent Banks in Major Markets (ABMM) Survey focuses primarily on those markets categorised as developed by MSCI and S&P. Network managers and operations executives from leading global custodians, correspondent banks, brokers, infrastructure providers and asset managers are invited to evaluate the performance of their agent banks. 

The questionnaire was revamped for 2021. Completed online, it included 13 service categories. A scorecard allowed respondents to rate each category on a seven-point scale from Unacceptable to Excellent. Responses were converted by the survey system into numbers with 1 being Unacceptable and 7 being Excellent. 

The survey once again confirmed a trend to more regional relationships and a growing dominance of regional providers in most major markets. Leading the way in that regard is the Nordic region, the individual markets of which have been grouped under a regional umbrella. 

The full survey report is in the latest edition of Global Custodian released last week and is available to subscribers. For more information contact subscriptions@globalcustodian.com.

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Danske Bank Staying Bullish with 1.20 Target http://www.nordbi.org/danske-bank-staying-bullish-with-1-20-target/ http://www.nordbi.org/danske-bank-staying-bullish-with-1-20-target/#respond Thu, 14 Oct 2021 05:52:44 +0000 http://www.nordbi.org/danske-bank-staying-bullish-with-1-20-target/

Image © Adobe Images

  • GBP/EUR reference rates at publication:
  • Spot: 1.1790
  • Bank transfers (indicative guide): 1.1480-1.1562
  • Money transfer specialist rates (indicative): 1.1686-1.17333
  • Get a specialist rate here
  • Set up an exchange rate alert, here

Nordic lender and investment bank Danske says they hold a bullish Pound to Euro exchange rate forecast on an expectation the Bank of England is to soon begin tightening monetary policy.

“We expect the UK recovery to continue although delta still creates uncertainty about the outlook,” says Jens Nærvig Pedersen, Chief Analyst at Danske Bank. “We remain bullish on GBP”.

The call comes a day after the ONS reported the UK economy returned to growth in August, helped by a boost to industrial production and expansion in the all-important services sector.

It also comes as the Pound-Euro exchange rate attempts to break above the 1.18 level, a feat it has so far failed to accomplish despite five successive days of trying:


Pound to Euro four hour chart

Above: GBP/EUR four-hour chart.

FX transfers: Secure a retail exchange rate that is between 3-5% stronger than offered by leading banks, learn more. (Advertisement).


Rallies in the Pound continue to be sold into around the 1.18 level, courtesy in part to the significant amount of orders layered around this round number.

A break above 1.18 could well open the door to cleaner air until the next round-number resistance at 1.19, although alert orders set with Pound Sterling Live suggest 1.20 is the next major level of interest for deliverables market participants.

From a fundamental perspective Danske Bank are of the view that all the above-mentioned levels will ultimately fall over the duration of the coming 12 months.

Nevertheless progress could be slow for those watching the market for higher rates.

Likewise, it offers some breathing space to exporters and those looking to bring funds into the UK.

Analysts are of the view the Bank of England’s move towards raising interest rates is the single most important factor in driving demand for the Pound at present, although some argue the Bank is at risk of making a mistake by raising rates.

The argument goes that raising interest rates when the growth outlook is subdued could in fact hamper future growth, making the Bank of England guilty of committing a policy mistake.

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Money markets suggested as of Wednesday afternoon there were was a hefty 100 basis points of hikes lined up for the UK between now and the end of 2022.

Such a hike in the cost of borrowing when the growth outlook is subdued could in fact hamper future growth, hence the Bank of England could stand guilty of committing a policy mistake.

“There is no shortage of commentators, including ourselves, warning that this pace of rate hikes in the UK could place too much of a burden on the consumer in the current environment,” says Jane Foley, Senior FX Strategist at Rabobank.

But Danske Bank see the Bank of England rate hike story as a supportive one.

“Like the Fed, the Bank of England (BoE) is about to start tightening monetary policy. QE bond buying is set to end by the end of the year and since our last update, investors have started to price in more aggressive rate hikes from the BoE,” says Pedersen.

Danske are also bullish on the Dollar’s prospects as they see the Federal Reserve raising interest rates in 2022.

“We remain bullish on GBP as the USD-positive environment is usually also benefitting GBP,” says Pedersen.

Danske Bank forecast the Euro-Pound exchange rate to move lower and they hold a point forecast at 0.83 in 12 months.


Danske Bank

Above: EUR/GBP outlook from Danske Bank.


This gives a Pound-Euro target of ~1.2050.

Pedersen says a risk to the forecast is a hit to global risk sentiment and/or if Bank of England keeps monetary policy accommodative for longer than currently expected.

This reflects the Pound’s sensitivity to substantial stock market sell-offs where the likes of the Euro and Dollar tend to benefit from repatriation flows.

Recall, the all-time low in GBP/EUR came not after the Brexit vote but during the 2008 financial crisis.

Regarding the issue of surging UK inflation, Danske Bank says the impact on the UK could be more acute than for the Eurozone.

Another potential concern for the Pound is that EU-UK tensions increase.

The EU and UK are currently laying out their stalls ahead of further negotiations on the issue of the Northern Ireland protocol, where failure to arrive at a consensus could see the UK trigger Article 16 of the protocol.

This would effectively allow the UK to autonomously suspend elements of the agreement, thereby raising risks of retaliation from the EU.

“It is increasingly expected that the UK will trigger Article 16 over the NI protocol,” says Marek Raczko, an analyst at Barclays.

“Such actions can impact the wider Trade and Cooperation Agreement (TCA), trigger retaliation measures by the EU, including tariffs or the suspension of parts of the treaty,” he adds.

He sees further potential options exercised by the EU being the launch of infringement proceedings with the European Court of Justice, or dispute settlement proceedings with an arbitration panel.

“Any of the above is likely to significantly weigh on GBP,” says Raczko.

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