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06 March 2014

Zambia’s Zesco secures Swedish export credit financing

Zambia Electricity Supply Corporation (Zesco) has signed a $163 million export financing agreement with Nordea and Standard Bank to finance the company’s north-western...

05 March 2014

EBRD pledges huge financial support for Ukraine

The European Bank for Reconstruction and Development (EBRD) has demonstrated its support for crisis-hit Ukraine with a pledge to invest at least €5 billion in the country...

05 March 2014

US Ex-Im appoints James Burrows SVP for small businesses

James Burrows has been appointed senior vice president for the small business group at the Export-Import Bank of the United States.

05 March 2014

CGA of France launches new supply chain finance platform

Compagnie Générale d’Affacturage (CGA) of France, a fully-owned Société Générale subsidiary, has launched a new supply chain finance platform to support business growth...

05 March 2014

Armenian bank signs debut syndicated loan facility

Armenian bank Ardshininvestbank has signed its first syndicated loan facility with international lenders. Moreover, the transaction represents the first syndicated deal...

04 March 2014

Azeri Shah Deniz project receives loan from EBRD

The European Bank for Reconstruction and Development (EBRD) has agreed to extend a senior loan of $200 million to Lukoil Overseas Shah Deniz (LSD), a wholly-owned...

04 March 2014

IFC arranges financing for Stora Enso China project

The IFC is arranging financing to support the continued development of sustainable forestry in Guangxi, China for Stora Enso’s integrated state-of-the-art plantation,...

03 March 2014

Seaborn Networks mandates Natixis for Seabras-1 financing

Seaborn Networks (Seaborn) has mandated French bank Natixis to arrange the financing for Seaborn’s new submarine cable project, known as Seabras-1, linking commercial and...

03 March 2014

CACIB coordinates ECA-backed finance for Petredec

Singapore-headquartered LPG (liquefied petroleum gas) shipping and logistics company, Petredec, has finalised a $200 million export finance credit facility for the...

03 March 2014

ING Frankfurt expands export finance team

ING Bank has expanded its export finance team with the hiring of Marina Grigoryeva to work in their Frankfurt office.

03 March 2014

Turkey’s agri-sector gets boost with EBRD loan

Turkey’s agricultural sector has received a boost with a €25 million ($34.7 million) loan from the European Bank for Reconstruction and Development (EBRD). The funds will...

03 March 2014

New head appointed at Sibur's trading company

Andrey Frolov has been appointed executive director of SIBUR International, Sibur group’s international trading arm. He will be based in Vienna. Frolov takes over from...

28 February 2014

Hindustan Petroleum signs syndicated facility

Hindustan Petroleum Corporation (HPCL) has secured a $500 million three-year term loan through bookrunners State Bank of India, DBS and RBS

28 February 2014

Ecom Agroindustrial Asia launches revolver

Swiss-headquartered agricultural commodity trading group Ecom Agroindustrial Asia has launched a $300 million, 364-day revolving credit facility (RCF) into the market.

27 February 2014

Mobily inks new ECA deals for NSN and Ericsson equipment

Saudi Arabian telecommunications company Mobily (Etihad Etisalat) has agreed two new financings amounting to SAR2.1 billion ($560 million) backed by the export credit...

27 February 2014

Nigerian paper mill gets AfDB financing

African Development Bank has agreed to provide a $30 million loan to finance the rehabilitation of Nigeria’s Oku Iboku Pulp and Paper Mill in Akwa Ibom and Cross River...

27 February 2014

Ukrainian crisis hits Western banks in different way to 2008/9

The crisis in Ukraine is one of considerable concern for all banks involved in the market. Potential exposure is considerable. But in a report released today by...

26 February 2014

FIMBank makes senior team hire

Malta-headquartered FIMBank has hired Thomas Degen to its senior management team.

26 February 2014

EBRD and Nordea fund Oil & Gas Systems upgrades

The European Bank for Reconstruction and Development (EBRD) has joined forces with Nordea Bank to support a €123 million ($170 million) modernisation of two manufacturing...

26 February 2014

Barclays appoints head of international and trade

Barclays Business has appointed Steve Childs as head of international and trade for business banking. He will be based in London, UK.