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02 September 2015

BTMU appoints new co-head of corporate banking for EMEA

The Bank of Tokyo-Mitsubishi UFJ (BTMU) has appointed Sébastien Rozès as co-head of corporate banking for EMEA. This is a newly created role where Rozès will work closely...

01 September 2015

Adesina sworn in as new president of African Development Bank

Former Nigerian agriculture minister, Akinwumi Adesina, has today been formally sworn in as the new president of the African Development Bank Group (AfDB) at a ceremony...

01 September 2015

Euronav signs $750 million secured RCF

Antwerp-headquartered, tanker shipping company Euronav has signed a new $750 million senior secured amortising revolving credit facility (RCF). The facility provides the...

01 September 2015

Bladex and FMO co-arrange $60 million loan for Honduran Banco Ficohsa

Banco Latinoamericano de Comercio Exterior (Bladex) and the Dutch development bank FMO have co-arranged a $60 million A/B medium-term loan for Banco Financiera Comercial...

01 September 2015

Misys survey reveals trade lending under biggest threat from non-bank players

Banks cite SME lending (68%) and supply chain finance (61%) facing the greatest pressure from non-bank players. However, many also see new opportunities in strategic...

27 August 2015

ECOM Agro launches syndication of $450 million revolving credit facility

Swiss-headquartered commodity trader ECOM Agroindustrial Corporation (ECOM) has mandated banks to act as arrangers and bookrunners for the launch of its $450 million...

27 August 2015

Siemens selects Deutsche Bank for further trade facilitation processing in China

In an announcement today, Deutsche Bank has implemented a Receivables on Behalf Of (ROBO) solution for Siemens Financial Services (SFS) in China, for both intra-group and...

27 August 2015
in
Oil & gas

Update: SACE commits $300 million insurance cover for SBM Brazilian FPSO

The Italian export credit agency, SACE, confirmed today that it would be providing $300 million of insurance cover related to the floating production storage and...

26 August 2015

Jin Liqun named as first president of AIIB

Jin Liqun has been selected as president–designate of the Asian Infrastructure Investment Bank (AIIB) at the 6th meeting of chief negotiators representing the bank's 57...

26 August 2015

NBAD appoints head of trade for MENA

National Bank of Abu Dhabi has appointed Sonam Kapadia as the head of trade for the Middle East and North Africa (MENA) region.

26 August 2015

Bibby Financial Services expands into Malaysia

Independent SME funding specialist Bibby Financial Services (BFS) is expanding into Malaysia with the ramping up of its existing offices in Iskandar. Alan Wong has also...

24 August 2015

StanChart completes first BPO transaction in the Middle East auto sector

Standard Chartered Bank (StanChart) has completed the first Bank Payment Obligation (BPO) transaction in the automotive industry for Mohammed Naser Al-Sayer and Sons...

24 August 2015

EBRD arranges $130 million loan for Ukraine grain producer Nibulon

The European Bank for Reconstruction and Development (EBRD) is arranging a $130 million syndicated loan facility in support of Ukraine’s leading grain and oilseeds trader...

21 August 2015

Advantage Tankers secures $61 million through CIT

CIT Maritime Finance, part of the transportation finance specialist CIT Group, has arranged a $61 million senior secured credit facility to Advantage Tankers, a Marshall...

21 August 2015

Trade Finance Market platform launches targeting exporters and investors

A new trade platform has launched - Trade Finance Market (TFM) – targeting both exporters and investors. Based out of Singapore, the founders say the platform “enables...

20 August 2015

Turkey’s TEB secures $613 million for trade onlending

Türk Ekonomi Bankasi (TEB) has secured a total of $613.5 million in loans through an international syndicate comprised of 33 banks. The proceeds will be used by the...

19 August 2015

Simon Jones joins TD Securities as EMEA head of export finance

Simon Jones has joined TD Securities as head of export & agency finance for the Europe, Middle East and Africa (EMEA) regions. He will be based in London.

19 August 2015

Banco ABC Brasil secures $200 million loan

Banco ABC Brasil acting thorough its Cayman Islands Branch, has successfully closed a $200 million syndicated term loan facility. The funds will be used for general...

18 August 2015

Deutsche Bank provides $30 million structured loan to Huawei in Indonesia

Deutsche Bank has arranged and provided a $30 million structured trade finance facility to Huawei Tech Investment in Indonesia, a wholly-owned subsidiary of the Chinese...

18 August 2015

Wells Fargo makes hire to lead European push of supply chain finance

Wells Fargo Capital Finance, part of Wells Fargo & Company has appointed Nick Lawrence as managing director for supply chain finance as it finalises the build out of its...