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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

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

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...

24 October 2013

Ghana TEN FPSO ship financing secured

Project financing has been secured for a floating production, storage, and offloading system (FPSO) for use in the Tweneboa, Enyenra, Ntomme (TEN) oil fields offshore...

23 October 2013

Garuda and StanChart complete delivery under SLB agreement

National flag carrier Garuda Indonesia has taken delivery of the final six Boeing 737-800 Next Generation (NG) aircraft under a previously inked 10-year sale and...

18 October 2013

Kexim support for Iraqi gas field project

The Akkas Gas Field Project in Iraq, where South Korea’s Daewoo Engineering & Construction (Daewoo E&C) is working, is to receive $117 million in guarantees from the...

17 October 2013

Vitol attracts strong interest for latest RCF

Energy trading company Vitol has attracted strong interest from international banks resulting in the signing of its $7 billion revolving credit facility (RCF). These...

16 October 2013

PSB dual currency syndication oversubscribed

Russia’s Promsvyazbank (PSB) has signed one-year, dual-tranche loan facility agreement with a syndicate of international banks, amounting to a total of $300 million.

15 October 2013

Zurich’s Daniel Riordan named Berne Union president

Daniel Riordan, CEO of Global Corporate, Zurich North America has been elected president of the Berne Union – the international association of export credit insurers. He...

11 October 2013

StanChart arranges cross-border RMB loan for Nokia

Standard Chartered Bank (StanChart) has successfully completed a RMB2.5 billion ($408.4 million) cross-border lending deal for the international mobile broadband...

11 October 2013

ABN AMRO targets Asian commodity SIP growth

ABN AMRO is targeting growth in commodity structured inventory products (SIP) in Asia-Pacific with the launch of its first dedicated desk in Singapore. The services will...

23 September 2013

Gunvor closes financing for flagship Russian oil terminal

Energy trading company Gunvor has closed the $675 million long-term secured financing facility for the company’s flagship investment - the Ust Luga Oil Products Terminal...

20 September 2013

BNPP and KfW arrange Indonesian cement plant finance

BNP Paribas (BNPP) and KfW IPEX-Bank have arranged and signed export credit financing amounting to $98 million for the construction of the Tuban 2 cement plant in...

16 September 2013

Nedbank and Rand to fund New Liberty Gold

South African banks Nedbank and Rand Merchant Bank are to provide Aureus Mining with a $100 million debt financing package to develop its flagship New Liberty Gold...

13 September 2013

Bankers see plenty of choice for growth within EMEA

Despite turmoil in much of the Middle East, the EMEA region has a wealth of opportunities for growth in trade finance. TXF talks with Sameer Sehgal and Anurag Chaudhary...

11 September 2013

BAML names global head of sales within GTS

Bank of America Merrill Lynch (BofAML) has named Percy Batliwalla as the new global head of sales for large corporates and financial institutions in global transaction...

11 September 2013

Global head interview – Citi

TXF talks to Citi about the current state of the trade and supply chain finance market.

11 September 2013

Hard decisions required as trade finance enters a bold new era

Jonathan Bell examines the challenges the trade finance sector needs to confront, and find ways to work with, if it is to be a truly profitable business in the years...

11 September 2013

Global heads interview – Standard Chartered Bank

TXF talks to Standard Chartered Bank about the current state of the trade and supply chain finance market.

11 September 2013

Trade finance in Canada: transition to transformation

Alexander Malaket weighs up the pros and cons as Canada’s provision of trade finance looks to service much more than big brother US next door.