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30 July 2015

SBM Offshore turns to ECAs for $1.55bn Brazilian FPSO financing

SBM Offshore, a Dutch supplier of floating production and mooring systems, has completed a $1.55 billion export credit agency (ECA)-backed project financing to finance...

20 July 2015

BPL Global to open Dubai office as part of further expansion

Berry Palmer & Lyle (BPL Global), the specialist credit and political risk insurance (CPRI) broker, is to open a representative office in Dubai as part of the group’s...

08 July 2015

Côte d’Ivoire’s Afriland First Bank gets Afrexim facility for SME onlending

The African Export-Import Bank (Afrexim) has signed a €15-million ($16.5 million) financing facility to Afriland First Bank’s Côte d’Ivoire subsidiary for the financing...

01 July 2015

Castleton Commodities closes $3.75 billion credit facilities

US-headquartered, Castleton Commodities International (CCI) has closed two committed credit facilities totalling $3.75 billion. The funds will be used for general...

26 June 2015

Rabobank appoints head of TCF Americas

Rabobank has appointed Muriel Schwab as head trade & commodity finance (TCF) Americas. She takes up the post as of 1 July, and will be based in New York.

24 June 2015

Final Cole Commission report on UK export revolution plan is released

The final Cole Commission report in relation to changing UK export culture was released today. The independently commissioned report is an action plan for the UK...

23 June 2015

US Ex-Im provides guarantees for export of US-made bridges to Zambia

The Export-Import Bank of the United States (US Ex-Im) has announced that it is providing $73 million in guarantees for the loan related to the sale of Acrow Corporation...

18 June 2015

Banks need to make supply chain finance more ‘user-friendly’

Despite the rising popularity of supply chain finance (SCF) around the globe, banks are not making their programmes easier enough for customers to implement and are...

16 June 2015

UKEF and Falcon partner for British exports

Specialist trade and corporate financier Falcon Group has signed a memorandum of understanding with British export credit agency (ECA) UK Export Finance (UKEF) with the...

26 May 2015

Finacity advises on government receivables funding programme

Finacity Corporation (Finacity), the receivables finance company, has announced it has served as advisor – and will serve as ongoing reporting administrator – for a new...

18 May 2015

Boeing threatens to move manufacturing if US Exim is not reauthorised

In a recent interview with the Financial Times, Scott Scherer, Boeing’s head of regulatory strategy, has said that the aerospace and defence group would consider taking...

15 May 2015

UKEF creates interactive toolkit for insurance brokers

The United Kingdom’s (UK) export credit agency, UK Export Finance (UKEF), has set-up an innovative, new online and interactive guide to help credit insurance brokers work...

30 April 2015

Overdue payments rising in Asia-Pacific

Seventy percent of companies in the Asia-Pacific region experienced overdue payment of some form in 2014, the highest levels in three years, according to an annual survey...

30 April 2015

DTEK restructures its $200m Eurobond

DTEK, the largest Ukrainian power company, has completed negotiations regarding the restructuring of its $200 million Eurobond, redemption for which was due in April.

28 April 2015

US Ex-Im loan officer guilty of accepting bribes

Johnny Gutierrez, a 50-year-old former loan officer at US export credit agency (ECA) the Export-Import Bank of the United States (US Ex-Im), has pleaded guilty in federal...

28 April 2015

ADB hits $23 billion in assistance and record co-financing in 2014

The Asian Development Bank (ADB) released its 2014 annual report on Tuesday, ahead of its 48th annual meeting of the board of governors on 2-5 May in Baku, Azerbaijan.

24 April 2015

Petrobras hit with $17 billion corruption fine

Brazil’s state-run oil company, Petróleo Brasileiro (Petrobras), has been charged $2.06 billion for corruption-related costs and $14.8 billion for impairment in the...

23 April 2015

EDC lends Volkswagen €400m to expand North American operations

Canadian export credit agency (ECA) Export Development Canada (EDC) has announced the financing of €400 million ($433 million) to Germany’s Volkswagen Group.

23 April 2015

China to inject $62 billion into CDB and China Exim for 'New Silk Road'

The People’s Bank of China, the country’s central bank, will allocate $62 billion of its foreign exchange reserves to the Export-Import Bank of China (China Exim) and...

23 April 2015

Sace to set up new Georgian ECA

The government of Georgia has awarded Italian export credit agency (ECA) Sace with an advisory contract to start up a new ECA for the Black Sea state.