In a major milestone for global trade finance and cross-border payments, BHP Billiton, Westpac, Cargill and ANZ have achieved the first ever CargoDocs BPO+ transaction.

US multinational conglomerate General Electric (GE) has announced it will sell off the bulk of assets in its sprawling financial arm GE Capital by 2018, as it looks to...

Dutch commodities trader Vitol Holding (Vitol) is seeking to secure a $470 million guarantee from the Multilateral Investment Guarantee Agency (MIGA) for an equity...

FIMBank group has recently announced its financial results for 2014, in which it posts a pre-tax loss of $53.43 million. This compares to a pre-tax loss of $6.4 million...

The Rabigh Refining and Petrochemical Company (Petro Rabigh) has secured $5.168 billion worth of project financing for its integrated oil refinery and petrochemical plant...

Otkritie FC Bank (Otkritie) – one of Russia’s largest privately-listed banks – has signed a cooperation agreement with the country’s export credit agency (ECA), the...

Abu Dhabi Fund for Development (ADFD) has signed an agreement with the Export-Import Bank of Korea (Kexim) to enhance collaboration in project co-financing across...

British export credit agency (ECA), UK Export Finance (UKEF) has signed an addendum to an existing memorandum of understanding (MoU) with Bancomext (Mexican Trade...

Tungsten Bank, a subsidiary of Tungsten Corporation, the global eInvoicing, invoice finance and analytics company, has been approved to provide banking services in...

Coface has released a report (see below) on China’s economic development and payment experience for 2014.

TXF is proud to present its yearly report on export finance (below), which sheds light on some of the key trends and players in export finance over the past year.

HSBC has continued its recent efforts to bolster its global trade and receivables finance (GTRF) team, creating a new chief commercial officer (COO) role which Adrian...

Jardine Speciality Insurance Services (JLT Speciality), a US subsidiary of Jardine Lloyd Thompson (JLT) group has appointed five energy specialists to its energy risk...

SWIFT has announced that the KYC Registry is now available to banks seeking to increase efficiency and reduce risk related to their correspondent banking know your...

Canada’s export credit agency (ECA), Export Development Canada (EDC), is to provide two loans, totalling to $22.5 million, to Oakville-based Concordia Healthcare...

Bank of America Merrill Lynch (BAML) has appointed Yafen Field to lead their global trade and supply chain finance business in the Pacific Northwest of the USA.

The People’s Bank of China (PBOC) has authorised the Canadian branch of the Industrial and Commercial Bank of China (ICBC) to serve as a renminbi (RMB) clearing bank in...

How trade finance can increase its appeal amongst institutional investors was high on the agenda at the International Chamber of Commerce (ICC) Banking Commission annual...

In celebrating its 80th year, the Berne Union must reflect on what it has already built and how to sustain its success over the next 20 years. The Berne Union has been a...

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...