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07 October 2013

Sberbank and JBIC sign export credit financing agreement

Russia’s Sberbank has signed a general financing agreement with Japan Bank for International Cooperation (JBIC), under which financing amounting to $600 million will be...

07 October 2013

Stanbic IBTC signs pact with John Deere and Tata for Nigerian-agri

Stanbic IBTC Bank, a member of Stanbic IBTC Holdings, has signed a collaboration pact with Tata Africa Services and John Deere Financial, whereby Stanbic IBTC Bank will...

07 October 2013

XL Group makes hire for trade credit market

XL Group's political risk and trade credit business has hired Jeffrey Abramson as senior vice president and global product leader for its expansion into the Supplier...

04 October 2013

Banks arrange pre-payment for Trafigura’s Rosneft deal

A bank syndicate has arranged a $1.5 billion pre-payment facility for trading company Trafigura, to be used for oil purchases in Russia. Trafigura will use the...

04 October 2013

PTA Bank gets cash injection from AfDB

The Eastern and Southern African Trade and Development Bank (PTA Bank) has received a cash injection form the African Development Bank (AfDB), which is designed to boost...

04 October 2013

King & Spalding hires ex WTO deputy director

International law firm King & Spalding has hired Alejandro Jara, former deputy director general of the World Trade Organisation (WTO), as senior counsel in the WTO and...

04 October 2013

Afrexim signs loan for Senegal’s GFM imports

The African Export-Import Bank (Afrexim) has extended a €18.2 million ($24.7 million) credit facility to Senegal-based Groupe Futurs Media (GFM) for the import and...

03 October 2013

Russian Copper Company launches PXF

Russkaya Mednaya Kompaniya (Russia Copper Company – RCC) has launched a pre-export finance (PXF) facility of up to $250 million.

03 October 2013

Ecom Agroindustrial signs revolver

Swiss-headquartered agri-trading company Ecom Agroindustrial has signed its latest revolving credit facility (RCF), originally launched in August (TXF News 12 August).

02 October 2013

Rusal appoints new CFO and reorganizes finance office

Russian aluminium producer Rusal has made changes in its finance directorate and appointed a new chief financial officer (CFO).

02 October 2013

Harris Antoniou appointed as CEO of AMCI

Swiss-headquartered, specialist natural resource trading and transportation company, AMCI, has hired Harris Antoniou as its new chief executive officer (CEO), effective 1...

02 October 2013

ICBC provides first rand financing

The Industrial and Commercial Bank of China (ICBC) has provided more than ZAR180 million ($18.2 million) financing to a 27MW wind project near Nelson Mandela Bay, Eastern...

01 October 2013

US Ex-Im recruits Claudia Slacik for SVP export finance role

The Export-Import Bank of the United States (US Ex-Im) has recruited Claudia Slacik as chief banking officer and senior vice president for export finance. She joins US...

01 October 2013

Brazil secures US Ex-Im support for agribusiness aircraft

The Export-Import Bank of the United States (US Ex-Im) is supporting the purchase of two American-manufactured agricultural aircraft by a Brazilian soybean and...

01 October 2013

Trade & Supply Chain Finance

We are pleased to bring you the TXF Trade and Supply Chain Finance Special Report 2013. The report, which is part of our Trade and Supply Chain Finance Series

01 October 2013

Natixis appoints global head of loan syndication

Natixis has appointed Christopher Lovgren as global head of loan syndication. He will be based in London. Lovgren will report to Alain Gallois, global head of the debt...

01 October 2013

ADB provides loan for Indian energy transmission

The Asian Development Bank (ADB) is providing $500 million to build a power transmission system needed to deliver clean electricity from wind and solar power projects in...

30 September 2013

EKN signs cooperation pact with Bancomext

EKN, Sweden’s export credit agency (ECA) has signed a cooperation agreement with Mexico’s ECA Bancomext. The agreement is a declaration of intention to cooperate to...

27 September 2013

Cambodia’s Golden Rice gets loan through Proparco

French development finance institution Proparco has signed a $10 million loan with Golden Rice, the first jasmine rice exporter in Cambodia. The funds will be used to...

27 September 2013

EBRD provides boost for Macedonian air traffic control

The European Bank for Reconstruction and Development (EBRD) has agreed to provide a €11.15 million ($15 million) loan to the Macedonian Air Navigation Service Provider...