Major banks to take SWIFT action on KYC compliance
A group of major banks have joined forces with the Society for Worldwide Interbank Financial Telecommunication (SWIFT) to collaborate on the development and use of a new...
A group of major banks have joined forces with the Society for Worldwide Interbank Financial Telecommunication (SWIFT) to collaborate on the development and use of a new...
Barclays Business has appointed Steve Childs as head of international and trade for business banking. He will be based in London, UK.
Westpac Banking Corporation (Westpac) has expanded its trade teams in Hong Kong and Singapore with some recent appointments.
The Industrial and Commercial Bank of China (ICBC) is to buy a 60% stake in Standard Bank’s London-based Global Markets business for $765 million, making it China’s first...
Dana Petroleum has secured a new $1.5 billion credit facility from a syndicate of international banks.
Aureus Mining has signed the $88 million project finance loan facility agreement with the South African banks Nedbank Limited and Rand Merchant Bank (RMB). It has also...
The Export-Import Bank of the United States (Ex-Im Bank) has approved a $61.1 million direct loan to Inversiones Eolicas de Orosi Dos (Orosi) to support the export of...
Law firm Hogan Lovells is expanding its scope and capabilities in Africa by merging with the South African law firm Routledge Modise. The combination will take effect...
Daniel Riordan, CEO of Global Corporate, Zurich North America has been elected president of the Berne Union – the international association of export credit insurers. He...
Stanbic IBTC Bank, a member of Stanbic IBTC Holdings, has signed a collaboration pact with Tata Africa Services and John Deere Financial, whereby Stanbic IBTC Bank will...
The Export-Import Bank of the United States (US Ex-Im) is supporting the purchase of two American-manufactured agricultural aircraft by a Brazilian soybean and...
South African banks Nedbank and Rand Merchant Bank are to provide Aureus Mining with a $100 million debt financing package to develop its flagship New Liberty Gold...
Trade industry specialist David Hennah has moved back to Misys after an eight-year stint with SWIFT. He has been hired by Misys as head of product management practice for...
Long tenors remain the scarce commodity in Sub-Saharan social infrastructure. But Mitrelli has reached financial close on a 19-year Atradius-backed loan for the Katyavala Bwila University (KBU) expansion in Angola — a structure that shows how ECA cover can push out the tenor envelope for education infra on the continent.