Banks are continuing to withdraw from many of their correspondent banking relationships - a process which threatens global trade, especially in poorer countries. TXF...

In a new report just released, it asserts that banks and fintechs should collaborate rather than compete, as a strategy to overcome some of the challenges facing the...

Oman Oil Refineries and Petroleum Industries Company (Orpic) has signed agreements to build, operate and finance the $6.4 billion Liwa Plastic Industries Complex (LPIC)...

Deutsche Bank’s Global Transaction Banking (GTB) division has embedded SWIFT’s Know Your Customer (KYC) Registry - a centralised repository that maintains a standardised...

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

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...

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

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...

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...

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...

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...

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

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.

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...

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...

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...

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...

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...

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

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