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European fintech Digi receives EUR 200 million from ING and Unicredit for advancing fiber optic network expansion across Europe

Financial collaboration between ING Bank and Unicredit Bank amounting to EUR 200 million has been established to boost Digi Group's fiber optic network advancement across Europe. This capital, available over a 5-year period, will be predominantly allocated for expanding and updating Digi's...

European fintech Digi receives EUR 200 million from ING and Unicredit for advancing fiber optic network expansion across Europe

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Nurturing New Opportunities: Product InnovationRecent developments have seen the introduction of the Globinvest Energy & Financials ETF (GIBEFETF), the first ETF tracking the BET-EF index—an index encompassing energy, utilities, and financial sectors. This new investment vehicle broadens retail and institutional participation, opening up fresh opportunities within these sectors [3].

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  • The Bucharest Stock Exchange (BVB), a key driver of capital market development in Southeastern Europe, plans to open a branch in Chisinau, Moldova, by the end of 2025, aiming to enhance finance access within the region and integrate Moldovan markets with EU standards via unified trading systems.
  • The BVB's technological advancements, including potential blockchain integration, are designed to boost market transparency, attract diverse investors, and keep the exchange at the forefront of capital market infrastructure.
  • The BVB's recent product innovation, the Globinvest Energy & Financials ETF (GIBEFETF), tracks the BET-EF index and broadens retail and institutional participation, opening up fresh opportunities within energy, utilities, and financial sectors, directly influencing market performance.
European financial institutions ING Bank and Unicredit Bank have jointly pledged a €200 million loan for the growth of Digi Group's fiber-optic network in Europe. The five-year funding will be allocated towards the expansion and modernization of Digi's network infrastructure in Spain, as part of their continued digital development efforts.

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