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28 January 2014

EBRD and HSBC provide Egypt’s IPR with energy loan

The European Bank for Reconstruction and Development (EBRD) and HSBC Egypt have combined to provide a $100 million financing facility for independent Egyptian exploration...

28 January 2014

KfW and AWAS close penultimate ECA-backed financing

KfW IPEX-Bank and AWAS Aviation Capital have closed the seventh financing under their eight aircraft ECA supported financing facility.

27 January 2014

Sustainable commodity finance gains momentum

The Banking Environment Initiative (BEI) has set out trade financing solutions aimed at increasing sustainability in the commodity trade sector, in a report entitled...

27 January 2014

Sibur and Exiar sign export trade insurance agreement

The Export Insurance Agency of Russia (Exiar) and Biaxplen, a subsidiary of Russia’s industrial group Sibur, have entered into a comprehensive export credit insurance...

27 January 2014

BPL Global expands Asian operations

Political risk insurance (PRI) broker Berry Palmer & Lyle (BPL Global) is expanding its operational scope in Asia with the hiring of Margaret Ho as a senior broker for...

27 January 2014

NBAD appoints Anton Martin managing director for global markets sales

Anton Martin has been appointed managing director and head of sales in global markets at the National Bank of Abu Dhabi (NBAD), bolstering the bank’s West-East corridor...

24 January 2014

RMB now eighth most-used currency for global payments

The renminbi (RMB) has achieved a symbolic milestone after it became the eighth most used currency for global payments, according to the Society for Worldwide Interbank...

23 January 2014

Euler Hermes to provide HSBC’s US customers with TCI

Euler Hermes Americas has reached an agreement with HSBC to provide direct access to trade credit insurance (TCI) for the bank’s US customers, following a global...

23 January 2014

HSBC boosts global trade and receivables finance team

HSBC has made three appointments to its global trade and receivables finance (GTRF) team, with Gerd Pircher becoming regional head, Latin America; Wei Wei Ng becoming...

23 January 2014

EDC issues first green bond

Export Development Canada (EDC) has priced its first green bond in the principal amount of $300 million.

23 January 2014

Qatar Shipping secures refinancing facility

Qatar Shipping Company, a wholly owned subsidiary of Milaha, has secured a 12-year, $425 million (equivalent to QAR1.55 billion) fixed-term ship financing facility with a...

23 January 2014

Pacific Drilling appoints new CFO

Houston-headquartered, specialist oil exploration company Pacific Drilling has appointed Paul Reese to the role of chief financial officer (CFO), effective 28 February...

22 January 2014

Isuzu Motors gets bank and JBIC support for Indonesian sales

The Japan Bank for International Cooperation (JBIC) and a commercial bank group have arranged a loan of $68 million for the Indonesian government to purchase trucks from...

22 January 2014

StanChart completes RMB cross-border lending for Taiwan’s Hong-Wei

Standard Chartered (StanChart) Bank Taiwan has completed a $40 million two way cross-border lending for Taiwan’s largest custom-made industrial elevator manufacturer,...

22 January 2014

MSFL leases Bombardier jets using EDC financing

Asia’s leading business aircraft leasing company, Minsheng Financial Leasing (MSFL), has received a $210 million loan from Canada’s export credit agency, Export...

22 January 2014

StanChart and Finnvera combine for loans to Indonesia’s PLN

Standard Chartered (StanChart) has arranged two loans totalling €160 million ($215 million) for Perusahaan Listrik Negara (PLN), Indonesia’s national electricity company,...

20 January 2014

Wilmar mandates banks for RCF syndication

Singapore-headquartered agri-group Wilmar International has mandated the banks for the launch of its new $1.75 billion revolving credit facility (RCF) syndication.

20 January 2014

Basel Committee issue amendments to leverage ratio framework

The Basel Committee has issued changes to the Basel III regulatory framework’s leverage ratio structure and disclosure requirements, following a consultation process on...

20 January 2014

AfrAsia secures loan from Afreximbank

The African Export-Import Bank (Afreximbank) and Mauritius-based AfrAsia Holdings Limited have signed a term sheet for a $10 million facility. The funds will be made...

17 January 2014

StanChart signs loan for agri-development in Vietnam

Standard Chartered (StanChart) Vietnam has signed a $70 million trade facility agreement with An Giang Plant Protection (AGPPS) to allow the agricultural business to...