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07 November 2014

OW Bunker goes bankrupt amid alleged fraud in its Singapore subsidiary

OW Bunker, the Danish-owned, largest global independent marine fuel (bunker) company, has become bankrupt. The news has alarmed banks and traders alike.

05 November 2014

Moldova’s Trans-Oil agri-group secures EBRD financing

The European Bank for Reconstruction and Development (EBRD) has signed a $25 million loan for the Trans-Oil Group of companies (Trans-Oil Group), a leading agricultural...

03 November 2014

Russian telecoms company MTS gets major loans from Sberbank

Leading Russian telecoms company, Mobile TeleSystems (MTS), has received two major financing facilities from Russia’s Sberbank CIB. The funds will be used for general...

31 October 2014

Credit Suisse mandated as lead for Ethiopian Railway financing

Credit Suisse has been mandated by the Ethiopian government as the coordinating commercial facility arranger and export credit agency facility lead arranger for an $865...

31 October 2014

BU+20 Foreword

For many years, 80 to be exact, the Berne Union has prevailed as an expert resource for the credit and investment insurance community.

31 October 2014

ECA financing roundtable: export finance in 2019 and beyond

A panel of industry experts explore the key issues impacting the export finance market now and in the future. Topics covered include the impact of Basel III on export...

29 October 2014

Supply chain finance: What’s in a name?

Tackling terminology now could be a stitch in time for the supply chain finance industry - but it will not be an easy ride

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

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

Berne Union and Prague Club come together for landmark meeting in London

Members of the Berne Union – International Union of Credit & Investment Insurers – came together in London this week for their annual general meeting (AGM). At the same...

24 October 2014

Michal Ron elected as new vice president of Berne Union

This week the Berne Union – the International Union of Credit & Investment Insurers – came together in London for their annual general meeting (AGM), which is also the...

22 October 2014

Eurofinance - All is flux

The annual Eurofinance event took place in Budapest this week.

14 October 2014

Italian engineering group hires former Sace head

Fabio Fritelli has joined Maire Technimont as group finance director

10 October 2014

Gradual price rise expected by German exporters

A survey of the German export finance community suggests moderate economic growth, gradual price rises and top performance marks for Commerzbank, KfW-IPEX and Euler...

10 October 2014

Global head interview – Dan Roberts, Barclays

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

03 October 2014

Bulgarian telco receives EBRD loan

The European Bank of Reconstruction and Development (EBRD) has signed a €20 million loan ($25 million) to Bulsatcom, a Bulgarian satellite television, internet and mobile...

01 October 2014

Misys and FicroSoft team up to aid compliance

Misys, the financial software provider, has teamed up with the global provider of watch list filtering solutions, FicroSoft to help banks comply with intensified trade...

24 September 2014

ICC appoints new vice-chair ICC for customs and trade facilitation

The International Chamber of Commerce (ICC) has appointed Luis Fernando Barbosa Sahagun as the new vice-chair of the Commission on Customs and Trade Facilitation.

19 September 2014

Nine month extension for US Ex-Im

US Ex-Im president Fred Hochberg has reacted to the latest development in the reauthorisation saga

18 September 2014

New global heads within JP Morgan export finance

Lillian Labbat and John Meakin become global heads of structured export finance and aviation finance respectively