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Innovate UK and the British Business Bank dedicated to fostering innovation and growth of businesses across the UK, have further strengthened their collaboration by signing a memorandum of understanding (MoU). This MoU signifies that they will: - build pathways for businesses that seek British Business Bank or Innovate UK funding to provide more co-ordinated support throughout their growth journey, - promote growth across the nations and regions of the UK through co-ordinated place-based activities, - combine the expertise of Innovate UK and the British Business Bank to develop more tailored offerings for smaller businesses https://lnkd.in/eFZYBe7T

▶ We are proud to announce the publication of the ninth edition (Spring 2024) of our magazine 'The Private Banker'. 🏥 🏘 This new edition focuses on the link between real estate and private banking. We invited three sparring partners (Kris Liesse (ING), Benoît Chauvin (Matexi) and Stefan Demeijer (IMMOSCOOP) to a roundtable discussion to exchange views on trending topics and new challenges in real estate. In addition, we focus on the theme of investing in real estate: René Clerix (Candriam) explains the benefits and disadvantages of different ways to invest in real estate. 💡 📈 In this edition, we also highlight the tax aspects when investing in real estate. We invited Wim Vermeulen (Cazimir) and Dieter Vanneste (KBC Bank & Verzekering) to walk you through some salient tax game rules. What is the importance of sustainability in real estate? Carl Pauli (Degroof Petercam Asset Management) dives into the risks and opportunities of a sustainable approach. ♻ We close this Spring edition with an interview with Alessandro Cicconi (ABN AMRO Bank N.V.), an alumnus of our successful training cycle ‘Patrimonial approach for private bankers’. His previous employer, Leleux Associated Brokers, gave him the opportunity to take this course and brush up his knowledge considerably. 📌 This magazine is available for both members and non-members of the PBA-B Private Bankers Association - Belgium, respectively as a hard copy and in digital form. For more information, please visit our website www.pba-b.be.   📢 Follow us on LinkedIn to stay tuned about other topics in our magazine! #realestate #bankingandfinance #privatebanking #magazine #pba

Glad to have contributed and been featured in 'The Private Banker' magazine (PBA-B Private Bankers Association - Belgium), hosting Kris Liesse (ING) and Stefan Demeijer (IMMOSCOOP) at Antwerp Tower. We discussed several real estate topics, looked back on 2023 and looked forward to 2024. Some of the important key takeaways: 👉 Although transaction volumes decreased in 2023, newly built real estate prices rose by 6,5% (apartments) and 4,6% (houses) between 2022Q3 and 2023Q3 according to the Matexi Nieuwbouwbarometer. Older, inefficient dwellings are losing out, which has created a real estate market evolving through two different speeds (newly-built + sustainable vs existing + energy-inefficient). 👉 The fundamentals for high-quality residential real estate are still intact as demand remains driven by a household growth of 30.000/year. On the other hand, supply is being slowed down following changing economic circumstances and the number of permits granted lagging behind. This continued build-up of demand will allow a recovery of the Belgian RE market when economic and geopolitical circumstances stabilize. 👉 Taxes are a powerful tool for governments, impacting the real estate industry profoundly. The current excessive and fragmented regulations in terms of taxation are unfortunately inhibiting the entire value chain. Especially abolishing the demolition and re-construction VAT regime will not bring about the desired additional qualitative and affordable offerings on the housing market. It will however keep the unfair treatment of new-built vs renovation alive. 👉 Attention to ESG parameters in any real estate development or investment is here to stay and will gain even more importance in 2024. At Matexi we inverted John Elkington's first 2 "P's" to Planet - People - Profit years ago to stress the importance of our environmental responsibilities as a company. 👉 New models are emerging to support affordable housing and the purchase of one's own home. Rent-to-buy models were discussed as a valid option to support people in this quest. Happynest.be, the rent-to-buy initiative of Matexi and BNP Paribas Fortis, concluded it's first phase in 2023 successfully. 🏡 Optimism seems to prevail with all participants in the value chain for 2024 as first signs of stabilizing long-term interest rates and mortgage rates are visible. At Matexi we will keep on creating great places and embrace the opportunities that every challenge brings about.

𝐖𝐨𝐫𝐥𝐝'𝐬 𝐁𝐞𝐬𝐭 𝐁𝐚𝐧𝐤 𝐟𝐨𝐫 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞𝐬 🏆 𝐘𝐨𝐮𝐫 𝐆𝐥𝐨𝐛𝐚𝐥 𝐇𝐚𝐮𝐬𝐛𝐚𝐧𝐤 Honoured to be recognised as the 𝐖𝐨𝐫𝐥𝐝’𝐬 𝐁𝐞𝐬𝐭 𝐁𝐚𝐧𝐤 𝐟𝐨𝐫 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞𝐬 in this year’s Euromoney Awards for Excellence. The magazine’s award underscores the strength of our global franchise with local expertise and coupled with our solutions strength that enables us to partner corporate clients as they navigate an ever changing landscape. It is a true testament of our Global Hausbank strategy to be the preferred provider for our clients at home and abroad. The lasting success of our clients is at the core of everything we do and what drives our dedication to doing business in a responsible and sustainable way for the generation of tomorrow. 𝐓𝐡𝐢𝐬 𝐢𝐬 𝐃𝐞𝐮𝐭𝐬𝐜𝐡𝐞 𝐁𝐚𝐧𝐤. We are grateful to our clients for their trust and partnership. And kudos to our colleagues at Corporate Bank for making our vision a reality of becoming the World’s Best Corporate Bank with European roots! 👏 Commenting on the award win, Euromoney shared, "Five years ago, Christian Sewing carved out a new corporate bank. The approach has highlighted Deutsche Bank’s strengths, and helped it build on its underlying advantages. In addition to large corporate clients, it has helped Deutsche Bank cover Mittelstand clients with more focus. Last year, the corporate bank was by far the most profitable part of the group.” Read more here: https://lnkd.in/e2habu5e Deutsche Bank Investment Bank #GlobalHausbank #CorporateBank #DeepDedication #ThisisDeutscheBank #EuromoneyAFE

#InsightsForSMEs: Access to #Funding and #Markets For many SME owners, securing funding is a well-known challenge. However, an equally critical hurdle is gaining #accesstomarkets - particularly opportunities to do business with corporates. This raises a key question: how can SMEs effectively integrate into corporate ecosystems and build long-term, mutually beneficial relationships? At the recent "Access to Funding" event, hosted by the Black Business Council and ABSA, insightful discussions highlighted the challenges corporates face when considering SME partnerships. Understanding these challenges is crucial for positioning your business as a valuable partner (see #image for the three main areas of concern). The ABSA team shared practical strategies for SMEs to address these challenges: On #Funding: The ABC funding model provides a strategic pathway: #A: Alternative lending solutions (e.g., DFI funding) #B: Bank lending #C: Corporate lending On #QualityofWork and #Capacity: Corporates may be willing to offer or finance additional technical support if the SME meets other essential criteria, helping to mitigate performance risks. A heartfelt thank you to the Black Business Council (BBC) and ABSA ( Mr KK Kgalaletso Tlhoaele, Dumisani Mkhonza , #ThysTekela , Vusi Fele, MCIPS CHARTERED) for empowering us with practical insights. 🤔 #Reflect: How are you actively positioning your offering as a sustainable, win-win solution for corporate partnerships? #CorporatePartnerships #SMEGrowth #AbuengAdvisory

🎉 Fantastic news for Dutch businesses! ABN AMRO teamed up with the European Investment Bank once again, securing a hefty €250 million finance package. And guess what? They're doubling down for a total of €500 million ready to bolster businesses with loans and leases. This marks our fifth collaboration aiming to fuel growth with competitive rates. Here's to Dutch entrepreneurship soaring to new heights! 🚀💼 #Investment #Growth #DutchBusiness #EIB #Finance

Some spoilers ahead, of the upcoming presentation of the 10th Italian Report on Minibonds. As professor Giancarlo Giudici just anticipated, in 2023 these alternative finance initiatives raised something less than the previous year, but we'll see some interesting records. Join us on Tuesday, March 12th at the Campus Bovisa - Politecnico di Milano where we will be pleased to share some cool insights over this key credit scenario for the Italian SMEs. We're glad to take a seat with Mattia Ciprian alongside Innexta, Orrick Italia, Banca Finint , Loan Agency Services, Frigiolini & Partners Merchant - Fundera , Cerved Rating Agency to contribute to a rich and varied round table, to navigate the Italian companies' credit rating when accessing the alternative finance world, moderated by Stefania Peveraro from BeBeez Italia. You'll get a deep understanding of SMEs' credit capabilities, investors' willing to risk, their attention to public guarantees, and the higher cost of capital, thanks to all the partners ADB - Corporate Advisory, Mediocredito Centrale, CDP Cassa Depositi e Prestiti, Foresight Group, Mediocredito Trentino Alto Adige S.p.A., Sella Investment Banking, Regione Lombardia, and Borsa Italiana. Participation is free, upon registration: https://lnkd.in/dwx_YKAN See you there! #minibond #ratingagency #creditrating #smegrowth

A UniCredit-Commerzbank AG merger would be of great importance to the entire European Union, writes Dean Stefano Caselli in an op-ed published by SDA Bocconi Insight.   👍 It would create a fully pan-European institution, bringing the system closer—from the bottom up—to the ideal of a banking and capital markets union that politicians are struggling to achieve. The institution would have roots both in Italy and Germany. #BankingUnion #CapitalMarketsUnion   German politicians and trade union officers, though, have voiced two concerns.   💶 The first concern stems from the fact that Unicredit holds a large amount of Italian public debt (estimated at around €40 billion), and thus, German savers could end up bearing the risk associated with Italy. This appears to be an almost primal prejudice, as Germans oppose any excess debt. But it seems to be an unjustified bias. Unicredit is an extraordinarily solid bank with top-tier management and one of the highest capital adequacy ratios in Europe.   🏃 The second concern is the potential transfer of Commerzbank’s know-how from Germany to Italy. This fear, though, finds no evidence in Unicredit’s behavior in Germany during nearly two decades of presence in the country, since the acquisition of HypoVereinsbank - UniCredit - Deutschland.   🪐If the deal goes through, some changes will occur, starting with the governance of Commerzbank and Unicredit. The center of gravity of the Italian group will shift even more towards Germany, but the rest will depend largely on negotiations between the parties and their ability to create something new.   #EuropeanUnion #Germany #Italy   Discover more 👉 https://lnkd.in/d2pMD4kB

In this recent interview for KBC Private Banking’s magazine, I discussed the challenges of determining fair #compensation for family members, considering the potentially harmful effects of deviating from market rates - setting compensation too high, too low, or the same across the board is usually just not a good idea. Beyond compensation, our wide-ranging conversation also covered dividends, family governance, and succession issues in a #familybusiness. Read it here 👇 RCEF - Hasselt University UHasselt

📢 **Banking Consolidation: Between Words and Deeds** Emmanuel Macron reignites the debate on European banking mergers by expressing openness to the acquisition of French banks by foreign entities. It's a bold stance that divides and raises questions. In a country marked by economic sovereignty, his statements are impactful but isolated. Yet, political veto power remains strong, even for domestic operations. The recent BBVA raid on Sabadell in Spain is a testament to this. While past examples like HSBC's acquisition of Crédit Commercial de France exist, current challenges abound. The financial crisis has bolstered regulatory requirements, making cross-border mergers costly in terms of capital and liquidity. Without major changes, the idea of banking consolidation on a European scale remains a mirage. #BankingConsolidation #CrossBorderMergers #RegulatoryChanges 🏦💼