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04 November 2013

Coal of Africa signs loan with Investec

South African coal mining company, Coal of Africa Limited (CoAL), has signed an 18-month, R210 million (approximately $21.4 million) working capital facility from...

01 November 2013

DFIs combine for sustainable forestry in LatAm

Development finance institutions (DFIs) have combined to provide an overall financing facility of $69 million for a sustainable forestry project in Latin America (LatAm).

01 November 2013
in
Agri/Soft Commodities, Infrastructure, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

NRF appoints aviation head for Asia

Law firm Norton Rose Fulbright (NRF) has appointed banking and finance partner Keith Sandilands to head its aviation practice in Asia. He recently moved from the...

31 October 2013
in
Agri/Soft Commodities, Infrastructure, Manufacturing & equipment, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

KfW finances exports to Indian petrochem sector

KfW IPEX-Bank is providing a €55 million ($75 million) loan to finance German equipment supplies for the expansion of the petrochemical complex of Gail India Limited...

31 October 2013

New head of trade credit at Bluefin group

Stuart Grice has been appointed head of trade credit at Bluefin insurance group with immediate effect. Based in London, Grice will manage Bluefin's credit insurance team...

31 October 2013

RBS makes senior hire for Asia trade

The Royal Bank of Scotland (RBS) has recruited Cissy Hon to the bank as head of trade product management, North Asia and head of supply chain finance, Asia.

30 October 2013

First Quantum extends tenor of principal credit facility

First Quantum Minerals (First Quantum) has secured an extension of the tenor, and an amendment of the terms under its existing $2.5 billion credit facility. The signing...

30 October 2013

Uralkali secures first ECA-backed facility

Uralkali, the Russian potash producer, has signed its first ever ECA-backed transaction. The $236 million (€171.4 million) financing will fund the construction of two...

30 October 2013

Brightoil Petroleum secures funds from CDB

Hong Kong-listed Brightoil Petroleum (Holdings) has signed a $50 million loan agreement with China Development Bank Corporation (CDB) Hong Kong branch. The borrower of...

30 October 2013

RBS expands EMEA trade team

RBS has appointed Michael Gilham as a director for financial institutions trade origination in EMEA at RBS International Banking. He joins from Lloyds Bank where he led...

30 October 2013

BHP and Cargill complete first iron ore trade using CargoDocs

BHP Billiton (BHP), Royal Bank of Scotland (RBS), Westpac Banking Corporation, Cargill and Minerva Marine have completed the first trade financed iron ore trade using...

29 October 2013

Strong exports fuel impressive US Ex-Im results

The Export-Import Bank of the United States (US Ex-Im) has contributed over $1 billion in revenues to the US Treasury for the fiscal year 2013. This revenue, generated...

29 October 2013

StanChart completes transaction under URBPO

Standard Chartered (StanChart) announced today that it has completed a trade finance transaction with the Bank Payment Obligation (BPO) under the Uniform Rules for BPO...

28 October 2013

Ecobank deploys Fundtech cross-border payment system

Pan-African Ecobank has successfully, officially deployed Global CASHplus, Fundtech’s integrated, real-time cross-border payment and cash management system in 30 African...

28 October 2013

Barclays provides bonds to Techflow Marine under UKEF scheme

Barclays has provided UK exporter Techflow Marine with a performance guarantee bond and warranty bond using the UK Export Finance (UKEF) bond support scheme.

28 October 2013

UniCredit Leasing Russia receives EBRD loan

The EBRD is lending RUB1.7 billion ($53.4 million) to UniCredit Leasing Russia (UCLR) – one of the country’s top leasing companies, with nationwide coverage. The...

28 October 2013

Standard Bank signs financing for Kenyan wind power

Standard Bank has signed a ground-breaking deal with independent power producer Aeolus Kenya (AKL), to build a $150-million wind power plant in Kenya. The 60.8MW...

25 October 2013

ICC in Vienna: Taylor and Affaki step down

Several significant changes to the ICC Banking Commission executive committee were announced during October’s meeting in Vienna. Long time industry stalwarts, Dan Taylor...

25 October 2013

Trade finance and the BPO: World Trade Organisation Public Forum 2013

Alexander Malaket, president of OPUS Advisory Services International, and managing director of Trade Finance Associates Ltd, reports on the trade finance and BPO panel at...

25 October 2013

Barclays expands trade finance team

Barclays is continuing to expand its tade finance team with the appointment of Geoff Parry as UK head of global corporates, trade finance. Parry joins Barclays from...