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20 September 2013

Scotiabank rolls out first phase of CGI Trade360 platform

Canada’s Scotiabank has completed the Canadian rollout of CGI’s cloud-based, ‘software-as-a-service’ (SaaS) solution, CGI Trade360. The announcement was made at Sibos...

19 September 2013

India’s YES Bank success with dual currency facility

India’s YES Bank has successfully closed a loan facility equivalent to $255 million. The facility will be used for general corporate purposes and trade financing for the...

17 September 2013

Lloyds Bank teams with StanChart for Asian trade

The UK’s Lloyds Bank has signed a partnership agreement with Standard Chartered Bank (StanChart) to team in providing enhanced services to its clients importing from...

16 September 2013

Nedbank and Rand to fund New Liberty Gold

South African banks Nedbank and Rand Merchant Bank are to provide Aureus Mining with a $100 million debt financing package to develop its flagship New Liberty Gold...

13 September 2013

Boost for Russian infra projects with mega Abu Dhabi investment

The Russian Direct Investment Fund (RDIF) and Abu-Dhabi’s Department of Finance have teamed to set up a partnership for investing in Russian infrastructure projects and...

13 September 2013

Bankers see plenty of choice for growth within EMEA

Despite turmoil in much of the Middle East, the EMEA region has a wealth of opportunities for growth in trade finance. TXF talks with Sameer Sehgal and Anurag Chaudhary...

11 September 2013

BAML names global head of sales within GTS

Bank of America Merrill Lynch (BofAML) has named Percy Batliwalla as the new global head of sales for large corporates and financial institutions in global transaction...

11 September 2013

Global head interview – Citi

TXF talks to Citi about the current state of the trade and supply chain finance market.

11 September 2013

Hard decisions required as trade finance enters a bold new era

Jonathan Bell examines the challenges the trade finance sector needs to confront, and find ways to work with, if it is to be a truly profitable business in the years...

11 September 2013

Global head interview – BNP Paribas

TXF talks to BNP Paribas about the current state of the trade and supply chain finance market.

11 September 2013

Global heads interview – Standard Chartered Bank

TXF talks to Standard Chartered Bank about the current state of the trade and supply chain finance market.

11 September 2013

Trade finance in Canada: transition to transformation

Alexander Malaket weighs up the pros and cons as Canada’s provision of trade finance looks to service much more than big brother US next door.

06 September 2013

Dangote secures mega-loan for Nigerian refinery

In a landmark transaction and development for Nigeria and West Afirca, Nigeria’s Dangote Industries has signed a medium-term $3.3 billion loan agreement with a consortium...

05 September 2013

Trafigura Eurasia opens in Moscow

International commodities trading and logistics company Trafigura, has opened a new Russia-based business - Trafigura Eurasia, which the company sees as a vital cog in...

05 September 2013

VTB Bank begins transactions in renminbi

VTB Bank’s Shanghai branch, the only Russian bank with a Chinese financial operation licence, has begun conducting transactions in renminbi (RMB) for corporate clients...

04 September 2013

BofAML expands GTS team in London

Bank of America Merrill Lynch (BofAML) has made several appointments expanding its Europe, Middle East and Africa (EMEA) sales team within global transaction banking...

04 September 2013

Deutsche opens branch in Qingdao, China

Deutsche Bank has opened a new branch in Qingdao, China following the approval from the China Banking Regulatory Commission (CBRC). The Qingdao branch is the bank’s sixth...

04 September 2013

Boost for VEB Leasing with VTB credit lines

Russia’s VEB Leasing has received a boost to its operations with the signing of a RUB30 billion ($897 million) credit line provided by VTB Bank. The facility has an...

04 September 2013

StanChart sets up treasury solutions team

Standard Chartered (StanChart) has set up a global treasury solutions team for its transaction banking business. The team is responsible for providing best practice...

03 September 2013

Albania’s Union Bank expands trade finance offering

Albania’s Union Bank Albania has been able to expand its trade finance offering following an injection of funds from the IFC. The funds will specifically be used to...