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27 October 2014

Turkey’s Aklease secures SACE-backed ING loan

Turkish leasing company, Ak Finansal Kiralama (Aklease) has signed a €30 million ($38 million) six year loan with ING, backed by SACE, the Italian export credit agency...

27 October 2014

Martin Knott joins RBS as head of trade from BAML

The Royal Bank of Scotland (RBS) has appointed Martin Knott as its new head of trade for global transaction services (GTS).

27 October 2014

Finacity appoints new board director

Finacity Corporation (Finacity), the receivables finance company, has appointed Judith Schrecker as its new board director.

27 October 2014

JBIC and banks provide major loans for Turkmen gas-to-gasoline plant

Japanese export credit agency (ECA), the Japan Bank for International Cooperation (JBIC) has teamed up with a club of Japanese banks to provide three export loans to the...

24 October 2014

Banks and EKF team to close loan for largest wind farm in the Philippines

The Philippine geothermal and renewable energy producer, Energy Development Corporation, has signed a $315 million financing agreement with a club of foreign and local...

23 October 2014

SACE report identifies key problems and opportunities for Italian exports

Italy’s export credit agency (ECA), SACE, has just released its 2014 risk map, analysing the impact of geopolitical instability on Italian businesses over the past year....

21 October 2014

Scorpio Bulkers secures loans from DNB and Korean agencies

The Monaco and New York-based bulk shipper, Scorpio Bulkers, has secured a loan facility of up to $411.3 million from a group of financial institutions.

21 October 2014

Banks and JBIC team to sign loan for Turkmen petrochems project

Japan’s export credit agency (ECA), Japan Bank for International Cooperation (JBIC) has teamed up with a club of commercial banks to arrange financing for the export of...

20 October 2014

Italian ECA prepares new initiatives for investment in Morocco

The Italian export credit agency, SACE, has announced €200 million in new initiatives under study for Morocco.

20 October 2014

United Bulgarian Bank joins IFC’s GTFP

United Bulgarian Bank (UBB) has gained a $10 million credit line from the International Finance Corporation (IFC).

20 October 2014

Barclays hires new head of CAPEX financing solutions, Africa

Barclays has appointed Mandy Symons as its new head of capital expenditure (CAPEX) financing solutions, Africa. She makes the move to Barclays after working at Nedbank...

17 October 2014

Ukraine’s Kernel gains EBRD financing through syndicated loan facility

Ukrainian agribusiness company Kernel Group (Kernel) has gained a $50 million loan from the European Bank for Reconstruction and Development (EBRD).

16 October 2014

EBRD provides first syndicated loan for Albanian SMEs

The European Bank for Reconstruction and Development (EBRD) is providing a €6 million ($7.6 million), three-year syndicated loan to help develop micro, small and medium...

16 October 2014

SCF solutions provider appoints new global programme manager

Nicole Bjugger has been appointed as global programme manager for supply chain solutions provider PrimeRevenue.

16 October 2014

HSBC bolsters senior global trade and receivables finance team

Andrew Betts will be joining HSBC’s senior global trade and receivables finance (GTRF) team as the regional head for the UK and continental Europe.

15 October 2014

Santander appoints Schulpen as global head of trade and working capital

Santander has appointed Rogier Schulpen as managing director and global head of trade and working capital solutions.

15 October 2014

US Ex-Im to finance export of GE locomotives to Indonesia

The US export credit agency (ECA), the Export-Import Bank of US (US Ex-Im) has signed a $94.3 million direct loan to finance the export of 50 General Electric (GE)...

13 October 2014

Gunvor launches European RCF

Gunvor Group (Gunvor) has launched the syndication of its European-centric $900 million revolving credit facility (RCF).

13 October 2014

Commerzbank hires new director of export finance for Middle East

Commerzbank has hired Eva Steinhaus as its new director of structured export and trade finance in corporate banking for the Middle East region. She will be working from...

10 October 2014

Interview with Aldermore’s Andrew Dixon

Aldermore Bank (Aldermore), having just launched a new trade finance product – the second product launched by their new specialist finance team – is looking to fill a gap...