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01 October 2014

Barclays appoints new head of financial institutions, Asia-Pacific

Barclays Bank has appointed Louise Taylor as head of financial institutions group (FIG), corporate banking for the Asia-Pacific region.

01 October 2014

UK’s Aldermore launches new trade finance product

The UK-based Aldermore Bank has launched a new funding facility aimed at importers and wholesalers.

30 September 2014

Sri Lanka’s NDB gets agency funds for renewables

Development finance institution Proparco and the Netherlands Development Finance Company – FMO, are providing a $75 million credit line to the National Development Bank...

30 September 2014

Lloyds Bank expands GTB team

Lloyds Bank has made three new additions to its global transaction banking (GTB) team. The three appointments are Keith Softly, Stephen Everett and Francesca Corscadden,...

30 September 2014

Bolero formally supports SWIFT’s MT798

Bolero International (Bolero) announced today at the Sibos 2014 conference its decision to collaborate with banks on SWIFT’s trade for corporates, the MT798...

30 September 2014

PTA Bank establishes export credit guarantee programme

Eastern and Southern African Trade and Development Bank (PTA Bank), today announced that it signed a Memorandum of Understanding (MoU) with Deutsche Bank to establish an...

30 September 2014

CMB to adopt Deutsche Bank’s Asia Accelerator solution

China Merchants Bank (CMB) today announced the signing of a Memorandum of Understanding (MoU) with Deutsche Bank, signaling its intention to use the German headquartered...

29 September 2014

DEG and Proparco finance Uruguayan forestry sector

German development bank DEG, and Paris-based development finance institution Proparco, are providing a long-term $35 million loan to the Uruguayan logging company...

29 September 2014

Deutsche Bank announces new transparency and payments initiatives

Deutsche Bank announced new milestones for its payments product offering for financial institutions (FIs).

29 September 2014

NIB appoints new CFO

Nordic Investment Bank (NIB) has appointed Björn Ordell as its new chief financial officer, vice president and head of risk and finance.

29 September 2014

Misys launches integrated corporate banking platform

Misys, the financial software provider, has just launched Misys FusionBanking Corporate FrontOffice, a unified corporate client front end, which is integrated with...

26 September 2014

China’s SAFE regulator specifies volume of fraudulent trade financing deals

China’s State Administration of Foreign Exchange (SAFE) believes that it has uncovered a total of $10 billion worth of fraudulent trade finance and commodity transactions...

26 September 2014

EDC and K-sure sign reciprocal reinsurance agreement

The export credit agencies (ECA), Export Development Canada (EDC) and Korea Trade Insurance Corporation (K-sure), have agreed to collaborate on transactions involving...

26 September 2014

SWIFT report shows rapid growth in RMB transactions

SWIFT’s RMB Tracker, which provides a monthly report on the international use of the renminbi (RMB), has found that global RMB payments have nearly tripled in value over...

26 September 2014

Agencies team to finance Jordan solar plant

The European Bank for Reconstruction and Development (EBRD) and the Overseas Private Investment Corporation (OPIC) have agreed to finance the construction and development...

26 September 2014

EBRD funds tech developments in Kazakh oil sector

The European Bank for Reconstruction and Development (EBRD) has signed a $200 million syndicated loan in Kazakhstan to finance new environmentally friendly technologies...

26 September 2014

IADB provides loans for wind power projects in Peru

The Inter-American Development Bank (IADB) has signed loans totaling $67.3 million for two wind projects in Peru.

25 September 2014

Finnvera extends export credit guarantees to domestic companies investing in Finland

Finnish export credit agency (ECA) Finnvera has extended its export credit guarantees programme to industrial companies making export related investments in Finland,...

25 September 2014

OPIC Issues first ‘green’ guarantees supporting investments

The Overseas Private Investment Corporation (OPIC) has issued its first-ever ‘green’ guarantees to eligible US investors in domestic debt capital markets. These US...

24 September 2014

EBRD annual TFP forum focuses on overcoming regional challenges

The European Bank for Reconstruction and Development (EBRD) held its annual trade facilitation programme (TFP) trade finance forum in London on the 22nd and 23rd of...