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23 June 2015

Trafigura and Singapore LNG sign strategic deal to utilise excess storage capacity

Commodity trading company Trafigura and Singapore LNG Corporation (SLNG), operator of the country’s first liquefied natural gas (LNG) terminal, have signed a storage...

21 June 2015

Banks' risk appetite is adapting to new climate

This week, JB’s email to TXF subscribers had a sting in its tail: a reproach to financial institutions for their seeming reluctance to do business in Russia. At the same...

16 June 2015

China’s increasing presence in Latin America

Cristiane Gomes, head of sales & relationship management, South America, BNY Mellon Treasury Services, explores the intensification of economic ties between China and...

17 April 2015

US Ex-Im announces first recipients of FY2014 export awards

The Export-Import Bank of the United States (US Ex-Im) has today announced the first recipients of five of its annual export awards in advance of its 2015 annual...

13 April 2015

Ethiopia’s Afriflora Group secures IFC loan

International Finance Corporation (IFC) has announced it will provide a loan to Afriflora Group, a leading large-scale rose grower and distributor based in Ethiopia that...

24 March 2015

Middle East banks’ share of GTB revenues to increase 25% by 2025

Middle East banks are set to increase their share of global transaction banking (GTB) revenues by at least 25%, according to a survey conducted by iGTB, a transaction...

16 March 2015

Orascom pushes ahead with Egyptian $3 billion coal-fired power plant project

Dubai-headquartered Orascom Construction (OC) has announced today that it is to move ahead rapidly with its planned 3,000 MW coal-fired power plant in Egypt, with an...

12 March 2015

Afrexim and StanChart arrange Kenya power sector loan

The African Export-Import Bank (Afreximbank) has teamed with Standard Chartered (StanChart) to provide Kenya Power and Lighting Company (KPLC), a Nairobi Stock...

09 March 2015

Absa leads in club RBL deal for PetroSA Ghana

PetroSA Ghana, a subsidiary of South Africa's National Oil Company PetroSA, has signed a new reserve based lending (RBL) credit facility with a club of lenders.

23 December 2014

TXF German market export finance survey – Commerzbank interview

In October 2014 TXF held an export finance roundtable in Frankfurt – which was attended by some 90 guests, with a good split of exporters, banks and representatives from...

11 December 2014

SWIFT’s KYC Registry goes live for correspondent banks

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...

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...

15 September 2014

Turkey’s Aktif Bank secures trade funds through the ITFC

The International Islamic Trade Finance Cooperation (ITFC), a member of the Islamic Development Bank Group, has signed a $45 million murabaha agreement with Turkey’s...

11 September 2014

BNY Mellon predicts London and Singapore will emerge as RMB hubs

In a recent report produced by BNY Mellon, the bank believes that London and Singapore could become key offshore renminbi (RMB) payments centres alongside Hong Kong by...

02 September 2014

DBS Bank makes senior trade appointments

Singapore-headquartered DBS Bank, which has made significant strides in its transaction banking offering over the past few years, has made two senior management...

27 August 2014

XZERES closes financing with Wells Fargo

Oregon-headquartered XZERES Corporation, a global clean energy solutions company, has closed a loan agreement with Wells Fargo Bank and strategic investors for total...

16 July 2014

KfW IPEX finances new cruise ships for NCL

KfW IPEX-Bank has structured financing amounting to approximately €1.6 billion ($2.16 billion) for the construction of two new cruise ships for Miami-based Norwegian...

26 May 2014

Deutsche appoints CCO and head of GTB for Vietnam

Deutsche Bank has appointed Jens Ruebbert as chief country officer (CCO) and head of global transaction banking (GTB), Deutsche Bank, Vietnam.

01 May 2014

Interview with Berne Union president Dan Riordan

Jonathan Bell, editor-in-chief at TXF, talks with Dan Riordan, president of the Berne Union, about taking the organisation forward in its 80th year.

01 May 2014

Global risk overview

Having turned their attention further towards developing economies to compensate for a lack of demand from traditional western markets following the global financial...