The State Bank of India (SBI) has signed a $200 million loan agreement with the Export- Import Bank of Korea (Kexim).

Russian fertiliser production company, PhosAgro, has signed a $440.6 million loan package with an international group of banks, supported by the Japanese agencies Japan...

Henri d'Ambrieres, the former global head of export finance at Crédit Agricole, has joined the International Chamber of Commerce (ICC) as a technical expert advising on...

Euler Hermes is expanding its services in Asia-Pacific with the addition of a specialised single risk and political risk insurance team based in Singapore.

HSBC China has initiated renminbi (RMB) two-way cross-border sweeping for businesses in the pilot Shanghai free trade zone (FTZ), with industrial manufacturer Dover being...

The European Bank for Reconstruction and Development (EBRD) has led the refinancing of a strategic Hungarian gas storage facility, after majority stakeholder MOL sold its...

The Singapore-based United Overseas Bank (UOB) has appointed Jim Liddell, former vice president of trade finance at Scotiabank (and occasional TXF contributor), as its...

KfW IPEX-Bank and NordLB have teamed to structure export credit agency-backed financing of €194 million ($263.7 million) to finance German power plants to South Korea.

Johan Schrijver, the former managing director of the Dutch export credit agency Atradius, has set up a new consultancy, Schrijver & Partners, to advise businesses and...

The opportunities are there, but trade banks need to fully understand investors before they can sell to them

The export credit agencies of Mexico and Italy, Banco Nacional de Comercio Exterior (Bancomext) and Sace respectively, have signed a cooperation agreement aimed at...

Japan’s Nippon Export and Investment Insurance (Nexi) has provided a $12.3 million buyer’s credit insurance on loans extended to Bahama-based African Kite Shipping. The...

Christophe Kloeti has been appointed head of trade finance in Paris by the National Bank of Abu Dhabi (NBAD). The move signals the expansion of the bank’s international...

Geneva-headquartered trade insurance brokerage IRIA SA has hired highly experienced ex-banker Craig Weeks to head up their North American office. He is based in the IRIA...

The Asian Development Bank (ADB) and Standard Chartered Bank (StanChart) have signed a cooperation agreement to support supply chain financing in Asia It is the first...

Jordan’s second largest commercial bank, the Housing Bank for Trade and Finance (HBTF), has secured a $50 million loan from the Export-Import Bank of Korea (Kexim).

The New York office of ING Capital has closed a US Export-Import Bank (US Ex-IM) backed and junior loan financing for MIAT Mongolian Airlines> The proceeds will refinance...

Equinox Global, the Lloyd’s cover holder specialising in trade credit insurance, has appointed Genevieve Ahinful as senior underwriter. Ahinful has had a...

Russian shipping company Sovcomflot (SCF Group) has signed a new $316 million credit facility for the purchase of two new ice-class LNG (liquefied natural gas)...

BBVA has arranged two loans for Enel Green Power (EGP) in Mexico and in Chile in separate loan agreements each valued at $150 million. In the first instance, the bank...