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16 January 2015

IsDB financing package for Burkina Faso to boost infrastructure

The Islamic Development Bank (IsDB) has provided Burkina Faso with a financing package specifically targeted for the development of the country’s infrastructure.

14 January 2015

ITFC signs Murabaha financing with Burkina Faso’s SOFITEX

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) has signed a Murabaha agreement with the government of Burkina...

12 January 2015

NBAD appoints new global head of merchant banking

The National Bank of Abu Dhabi (NBAD) has appointed Omar Mehanna as managing director and global head of merchant banking.

07 January 2015

Sprint signs three new financing facilities

US telecommunications company Sprint Corporation has signed three new vendor financing facilities for the purchase of network equipment and related services from key...

06 January 2015

Outlook 2015 | Mildly optimistic after a shaky start

World trade grew at around 1.2% during 2014. This is still a forecast but is based on the actual data from the International Monetary Fund for the first three quarters of...

05 January 2015

JLT Insurance makes several appointments to US-based energy risk team

Jardine Speciality Insurance Services (JLT Speciality), a US subsidiary of Jardine Lloyd Thompson (JLT) group has appointed five energy specialists to its energy risk...

29 December 2014

MIGA and IFC provide support for agency and bank-funded Turkish healthcare project

Multilateral Investment Guarantee Agency (MIGA) and International Finance Corporation (IFC) have agreed to provide financial support for the development of a €433 million...

29 December 2014

UK companies get UKEF backing for Dubai airport expansion opportunities

The UK export credit agency, UK Export Finance (UKEF), is backing UK business by providing support for companies seeking work and export opportunities related to Dubai's...

23 December 2014

ADB survey reveals persistent trade finance gap hurting Asian growth

A new ~Asian Development Bank^ (ADB) survey reveals that large market gaps for trade finance are undermining growth and job creation. The report was compiled with support...

12 December 2014

Italy’s SACE finalises guarantees for Turkey’s Star Refinery project

Italian export credit agency SACE has announced today that it is finalising its guarantee programme to support Italian companies working on the development of the Star...

11 December 2014

Turkey’s Star Refinery closes financing with Canada’s EDC

Export Development Canada (EDC) today formally announced its participation as a lead arranger in the overall development of the $5.6 billion project with Turkey’s Star...

19 November 2014

Trafigura first trader to commit to transparency initiative

One of the world’s leading commodity trading companies, Trafigura, has committed itself to the Extractive Industries Transparency Initiative (EITI), the leading global...

18 November 2014

SBI signs agreement with Adani Mining for Australian coal project

The State Bank of India (SBI) has signed a memorandum of understanding (MoU) with Adani Mining, the Australian subsidiary of India’s Adani Enterprises for potential...

07 November 2014

OW Bunker goes bankrupt amid alleged fraud in its Singapore subsidiary

OW Bunker, the Danish-owned, largest global independent marine fuel (bunker) company, has become bankrupt. The news has alarmed banks and traders alike.

31 October 2014

BU+20 - a perspective from the Berne Union Secretariat

In celebrating its 80th year, the Berne Union must reflect on what it has already built and how to sustain its success over the next 20 years. The Berne Union has been a...

31 October 2014

Accountable cover policies in high risk markets – balancing country risk, portfolio and export promotion

Export credit agencies (ECAs) have the mandate to support their national exporters in doing business worldwide.

31 October 2014

The ICC Trade Register: an empirically authoritative model for trade risk

The Paris-based International Chamber of Commerce (ICC) was first established in 1919 by a group of industrialists, financiers and traders in the context of post-World...

31 October 2014

Challenges in finding the right balance for SME financing

As an export credit agency (ECA) that predominately assists small and medium enterprises (SMEs), the New Zealand Export Credit Office (NZECO) has a strong focus and...

29 October 2014

Supply chain finance: What’s in a name?

Tackling terminology now could be a stitch in time for the supply chain finance industry - but it will not be an easy ride

22 October 2014

Eurofinance - All is flux

The annual Eurofinance event took place in Budapest this week.