Standard Bank has signed a ground-breaking deal with independent power producer Aeolus Kenya (AKL), to build a $150-million wind power plant in Kenya. The 60.8MW...

Several significant changes to the ICC Banking Commission executive committee were announced during October’s meeting in Vienna. Long time industry stalwarts, Dan Taylor...

Alexander Malaket, president of OPUS Advisory Services International, and managing director of Trade Finance Associates Ltd, reports on the trade finance and BPO panel at...

Barclays is continuing to expand its tade finance team with the appointment of Geoff Parry as UK head of global corporates, trade finance. Parry joins Barclays from...

Regulation was the key challenge identified by panelists at an engaging opening session of the ICC banking commission meeting in Vienna.

Project financing has been secured for a floating production, storage, and offloading system (FPSO) for use in the Tweneboa, Enyenra, Ntomme (TEN) oil fields offshore...

An update on the progress of the Bank Payment Obligation (BPO) was provided at the ICC Annual Meeting in Vienna, Austria. Questions flew in thick and fast from bankers...

Energy trading company Gunvor Group has launched its latest syndicated loan – a $1.2 billion revolving credit facility (RCF). The loan is in favour of Gunvor...

Standard Bank and the Industrial and Commercial Bank of China (ICBC) have signed a $108 million debt financing package with Triumph Power generating Company Kenya for the...

Netherlands based development bank, FMO, has made two new appointments to its management structure. In the first instance, Jurgen Rigterink has been appointed as the...

Margrith Lütschg-Emmenegger has been name as the new chairman of the International Factors Group (IFG). Lütschg-Emmenegger, who is president at FIMBank in Malta, has...

National flag carrier Garuda Indonesia has taken delivery of the final six Boeing 737-800 Next Generation (NG) aircraft under a previously inked 10-year sale and...

Credit Agricole Bank in Armenia (ACBA) has secured a three-year, $9 million local currency loan from EBRD for on-lending to micro, small and medium-sized enterprises...

BNY Mellon has appointed Monika Aminiova as market manager for treasury services in Europe, the Middle East and Africa (EMEA) based in London. With the aim of...

China Development Bank (CDB) has agreed to provide facilities of up to $1.2 billion to Russian state-owned Vnesheconombank (VEB) during a regular meeting of Russian and...

Asia-focused Fortune Oil has signed a $300 million loan agreement. The new facility will be used to repay the existing syndicated loan, provide the Company with working...

Equinox Global, the Lloyd’s coverholder specialising in trade credit, has increased its available capacity to underwrite from $35 million to $50 million, effective 1...

Atradius Dutch State Business (DSB), the export credit agency of the Netherlands, has announced that banks outside the OECD area are now eligible for export credit cover...

Oil development company, Ithaca Energy, has signed a new reserve based lending facility and a revolving credit facility amounting to $710 million. The new funds...

The Akkas Gas Field Project in Iraq, where South Korea’s Daewoo Engineering & Construction (Daewoo E&C) is working, is to receive $117 million in guarantees from the...