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29 June 2015

OPIC provides loan for Jamaican solar energy project

The Overseas Private Investment Corporation (OPIC) has signed a $47 million loan to support the development of the Clarendon solar photovoltaic facility in Jamaica. The...

18 June 2015

UKEF reports strong performance through 2014-2015

UK Export Finance (UKEF), the UK’s export credit agency, has released its 2014-2015 annual report which reveals a strong performance through the year by the agency with a...

15 June 2015

Afreximbank appoints Benedict Oramah as new president

The African Export-Import Bank (Afrexim) has appointed Dr Benedict Oramah to be the next president of the continental multilateral trade finance institution. He will take...

05 May 2015

Gert van Melkebeke to join Commerzbank’s senior export finance team

Gert Van Melkebeke will be joining Commerzbank’s structured export and trade finance BeNeLux (Belgium, Netherlands and Luxembourg) France division as a senior export...

28 April 2015

US Ex-Im loan officer guilty of accepting bribes

Johnny Gutierrez, a 50-year-old former loan officer at US export credit agency (ECA) the Export-Import Bank of the United States (US Ex-Im), has pleaded guilty in federal...

27 April 2015

All creatures, great and small, welcomed in Washington

Although the emphasis was very much on SME business at the Export-Import Bank of the United States’s (US Ex-Im’s) annual conference in Washington DC last week, it was the...

10 April 2015

Mizuho begins trade finance expansion with executive reshuffle

Masahiro Goda has been appointed to the newly created role of executive director of global trade finance at Mizuho Bank (Mizuho), as part of a series of moves within its...

09 April 2015

EBRD and FCI join forces to launch factoring e-learning

The European Bank for Reconstruction and Development (EBRD) and Factors Chain International (FCI), a leading network of global factoring companies, have agreed to launch...

31 March 2015

SMBC serves up NEXI-backed loan for Tanzanian power project

Japanese bank Sumitomo Mitsui Banking Corporation (SMBC) is providing Tanzania Electric Supply Company (TANESCO), the country’s national power company, with a $117...

20 March 2015

FIMBank financial losses and departures, begs the question: which direction now?

FIMBank group has recently announced its financial results for 2014, in which it posts a pre-tax loss of $53.43 million. This compares to a pre-tax loss of $6.4 million...

13 March 2015

Cash management exits at Commerzbank following sanctions violations

Two employees within Commerzbank’s cash management and international business department will leave the bank, as part of the agreement which saw a $1.45 billion fine...

10 March 2015

Baker & McKenzie boosts South African projects and energy team

Law firm Baker & McKenzie has expanded its presence in South Africa with the addition of leading projects and energy partner Kieran Whyte. He will be based in...

05 March 2015

Noble Group hits back at unfounded accountancy allegations

Hong Kong-headquartered commodity trading company Noble Group has hit back strongly today refuting allegations from a hitherto unknown entity – Iceberg Research - that it...

06 February 2015

ABN AMRO and Sinosure sign MoU to develop shipping business

ABN AMRO has announced the signing of a memorandum of understanding (MoU) with the Liaoning branch of China Export and Credit Insurance Corporation (Sinosure), China’s...

04 February 2015

Commerzbank opens office in Ivory Coast

Commerzbank has announced it will open a representative office in Abidjan, the economic capital of Ivory Coast.

02 February 2015

Siem Offshore benefits from KfW IPEX vessel financing

Siem Offshore Rederi (Siem), the subsidiary of Norway-based Siem Offshore, will receive up to $350 million in a financing co-arranged by Germany’s KfW IPEX-Bank.

28 January 2015

US companies rally in support of US Ex-Im

US exporting companies are poised to show their support for the Export-Import Bank of the United States (US Ex-Im) in a massive demonstration in Washington DC taking...

23 January 2015

Trader interview series: Part 2. Ocean Partners secures strong market niche

In the second of our series of exclusive interviews with the world’s top commodity traders, Helen Castell talks to Siva Pillay, managing director at Ocean Partners....

06 January 2015

US Ex-Im names advisory committee for 2015

The Export-Import Bank of the United States (US Ex-Im) today announced a new slate of members for its advisory committee for fiscal 2015.

30 December 2014

Multisource financing closes for Chile’s Santiago metro new lines

Empresa de Transporte de Pasajeros Metro (Metro), the state-owned owner and operator of the subway system in Santiago, Chile, has closed the financing relating to...