SACE signs landmark €1 billion credit line for major UAE projects
Italy’s export credit agency, SACE, has signed two agreements with the United Arab Emirates for project development in the Emirates – and coupled with this is an umbrella...
Italy’s export credit agency, SACE, has signed two agreements with the United Arab Emirates for project development in the Emirates – and coupled with this is an umbrella...
Hong Kong-headquartered commodity trading company Noble Group has successfully closed the syndication of its $1.1 billion revolving borrowing base facility, which will be...
Swiss-based commodity trading company Ecom Agroindustrial Corporation has secured a new $635 million multi-currency revolving credit facility (RCF). As with other...
Société Générale Corporate & Investment Banking (SG CIB) has appointed Frederic Surdon as head of asset finance with immediate effect. This is a new role and department...
China Merchants Bank (CMB) and Deutsche Bank have signed an agreement under which CMB will obtain a full range of global banking services, including cash management and...
KeyBank of the USA has contracted BNY Mellon to provide private label trade processing services to KeyBank’s global trade group. The arrangement will see KeyBank...
A new report released by BNY Mellon explores the influence of fintech alliances on global payments, and suggest that these changes taking place in the payments space...
Accuity, a global provider of payments, KYC, risk and compliance solutions, has partnered with China Systems, the trade finance software solutions vendor, to create a...
China has today officially launched its new global clearing platform for real time renminbi (RMB) settlement, known as the Cross Border Interbank Payment System (CIPS),...
Commodity trading house Vitol has signed syndicated revolving credit facilities (RCF) totalling $8 billion. The loans, being provided by a total of 57 banks, are the...
India’s newly-formed IDFC Bank has selected financial software company Misys as its preferred partner for its treasury and trade-related services. Under the agreement,...
Credit insurer Atradius has chosen the financial solution provided by Bolero to efficiently process corporate transactions for corporate customers in its surety bonds...
After five years of negotiations, agreement has been reached today in Atlanta on the far-reaching Trans-Pacific Partnership (TPP) trade deal. The TPP – an agreement...
Shipping company Hapag-Lloyd has signed a $372 million finance facility agreement with a syndicate of international banks backed by South Korean export credit agencies...
Trafigura Pte, the Singapore arm of global commodity trading company Trafigura has successfully closed its new syndicated revolving credit facility (RCF) and term loan...
The financial services association BAFT has published a new guide designed to help practitioners involved in oil and gas financing transactions. The Oil and Gas Industry:...
ING Bank Tokyo branch has arranged a $100 million working capital loan for Argentina’s Compañía Argentina de Granos (CAGSA), a major producer and distributor of grains...
General Electric (GE) and the UK’s export credit agency UK Export Finance (UKEF) have signed a landmark cooperation framework agreement that could see up to nearly $12...
The French development finance institution Agence Française de Développement (AFD) has signed a €100 million ($112.5 million) line of credit facility agreement with the...
Ghana Cocoa Board (Cocobod) has today formally signed its annual pre-export receivables backed trade finance facility for a total amount of $1.8 billion. This was the...
The financing backing TotalEnergies’ Mozambique LNG project was taken out of the financial fridge earlier this year but funds are yet to be disbursed. With the latest military insurgence in the gas-rich region, and ECAs and banks reticent on when the deal will close, meeting conditions precedent seems ambitious in 2024.