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20 January 2014

AfrAsia secures loan from Afreximbank

The African Export-Import Bank (Afreximbank) and Mauritius-based AfrAsia Holdings Limited have signed a term sheet for a $10 million facility. The funds will be made...

16 January 2014

HSBC initiates RMB cross-border sweeping for Dover Corporation

HSBC China has initiated renminbi (RMB) two-way cross-border sweeping for businesses in the pilot Shanghai free trade zone (FTZ), with industrial manufacturer Dover being...

16 January 2014

UOB hires Jim Liddell as corporate banking SVP

The Singapore-based United Overseas Bank (UOB) has appointed Jim Liddell, former vice president of trade finance at Scotiabank (and occasional TXF contributor), as its...

15 January 2014

Trade finance: A new multi-billion dollar fixed income asset class

The opportunities are there, but trade banks need to fully understand investors before they can sell to them

10 January 2014

Jordan’s HBTF secures loan from Kexim

Jordan’s second largest commercial bank, the Housing Bank for Trade and Finance (HBTF), has secured a $50 million loan from the Export-Import Bank of Korea (Kexim).

06 January 2014

VTB records substantial rise in export finance activity

Russia’s VTB Bank has announced that it arranged deals worth more than $4 billion in 2013 as part of a drive to develop its international trade and export finance...

23 December 2013

Final investment decision made on Yamal LNG project

Russia’s Novatek and Total have approved a final investment decision (FID) for the Yamal LNG (liquefied natural gas) project, consisting of the development of the...

20 December 2013

UASC closes landmark ship financing

United Arab Shipping Company (UASC) has closed a $1.251 billion multi-tranche syndicated loan facility for the partial financing container ships. The transaction is for...

20 December 2013

Dana Petroleum secures credit facility

Dana Petroleum has secured a new $1.5 billion credit facility from a syndicate of international banks.

19 December 2013

Kazakh railways gets EBRD loan

The European Bank for Reconstruction and Development (EBRD) is providing (KTZ), the national railways company with a $ 40 million loan.

17 December 2013

Aureus Mining signs finance facilities for Liberian mine

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...

17 December 2013

US Ex-Im names 2014 advisory committee

The Export-Import Bank of the United States (US Ex-Im) has announced a new slate of members for its advisory committee as of today. Now in its 31st year, the...

10 December 2013

Kexim strikes agreements with French institutions

The Export-Import Bank of Korea (Kexim) has signed agreements for increased cooperation in third-country projects with three French organisations that occupy key...

09 December 2013

Ince & Co appoints new global head of trade

International law firm Ince & Co has appointed Stuart Shepherd as its new global head of trade. He succeeds Steven Fox who will be retiring from the firm in April...

06 December 2013

IFC and SG combine to finance Cote d’Ivoire oil imports

IFC and Société Générale CIB (SG CIB) have co-arranged a $300 million trade finance facility to fund crude oil imports into Cote d’Ivoire. The arrangement is for the...

05 December 2013

MIGA risk survey finds increasing levels of caution

In a new survey on risk published by the Multilateral Investment Guarantee Agency (MIGA) it reveals that foreign investors are increasingly cautious about investing in...

04 December 2013

China’s RMB overtakes euro as second most-used trade finance currency

According to the Society for Worldwide International Financial Telecommunication (SWIFT), China’s renminbi (RMB) overtook the euro as the world’s second most-used trade...

03 December 2013

Gazprom-Neft signs mega club loan

Russian oil exploration and producing company, Gazprom-Neft, has signed a $2.15 billion club term facility agreement with a group of international banks. The heavily...

03 December 2013

Kexim provides first ship bond to help local firms

The Export-Import Bank of Korea (Kexim) has agreed to provide a ship bond guarantee to help ship financing to a local shipping company - Sinokor Petrochemical. This is...

02 December 2013

Proparco signs loan with pan-African Ecobank

French-headquartered development finance institution Proparco has signed a $50 million loan with the pan-Aafrican banking group Ecobank. The loan was signed with...