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Perspective
07 November 2014

Scorpio Bulkers obtains Sinosure-backed export credit

It seems hard to keep Scorpio Bulkers out of the news, and a new $39.6 million loan comes hard on the heels of the company’s October deal with DNB and Korean agencies for...

Perspective
07 November 2014

Financing secured for DCT Gdansk container port expansion

Deepwater Container Terminal Gdansk (DCT Gdansk) has secured financing for the construction of a second deep-water berth at DCT Gdańsk container terminal in northern...

Perspective
07 November 2014

Institutional investors next target for ICC

How trade finance can increase its appeal amongst institutional investors was high on the agenda at the International Chamber of Commerce (ICC) Banking Commission annual...

Perspective
07 November 2014

Istanbul hosts SME-focused ICC Banking community

More than 400 trade finance practitioners gathered in Turkey’s cultural and commercial capital Istanbul this week for the International Chamber of Commerce (ICC) Banking...

Perspective
07 November 2014

BPO ready to combine with eBL as both continue to grow

The Bank Payment Obligation (BPO) is ready to be combined with the electronic Bill of Lading (eBL) as the transition towards paperless trade gathers apace, delegates at...

Perspective
07 November 2014

Nigerian telecoms provider secures loan facility from IFC and banks

Africa’s largest independent mobile telecommunications infrastructure provider, IHS Holding Limited (IHS), has secured a $600 million loan facility from a club of...

Perspective
07 November 2014

China Exim signs major credit facility with CALC

The independent aircraft operating lessor, China Aircraft Leasing Company (CALC), has signed a RMB 10 billion ($1.63 billion) credit facility with China’s export credit...

Perspective
07 November 2014

Equinox Global adds two new carriers to its binder panel

Equinox Global, the Lloyd’s coverholder specialising in trade credit insurance, has selected Amlin and The Channel Syndicate to join its binder panel, increasing the...

Perspective
07 November 2014

EIB provides first ever loan to Azerbaijan

The European Investment Bank (EIB) has signed a €25 million ($31.2 million) loan to promote small and medium enterprises (SMEs) in Azerbaijan.

Perspective
07 November 2014

OW Bunker goes bankrupt amid alleged fraud in its Singapore subsidiary

OW Bunker, the Danish-owned, largest global independent marine fuel (bunker) company, has become bankrupt. The news has alarmed banks and traders alike.

Perspective
07 November 2014

JBIC and BTMU provide loan for Kusakabe India

Japan’s export credit agency (ECA), the Japan Bank for International Cooperation (JBIC) has agreed to co-finance a $3 million loan with the Bank of Tokyo-Mitsubishi UFJ...

Perspective
06 November 2014

EBRD and FMO team for Georgian hydropower project

The European bank for reconstruction and development (EBRD) and the Dutch Development Bank FMO have teamed to provide loans totalling $70 million as part of the financing...

Perspective
06 November 2014

ANZ appoints CEO China and head of Greater China

ANZ has appointed Huang Xiaoguang as the bank’s new CEO for China. He will also serve in a wider capacity as ANZ’s head of Greater China, responsible for capturing trade...

Perspective
06 November 2014

Claudia Belli appointed head of microfinance at BNPP

BNP Paribas (BNPP) has appointed Claudia Belli-Jeanteur as head of social business and microfinance.

Perspective
06 November 2014

PrimeRevenue and UbiQ join forces for Turkey and the Middle East

The supply chain finance providers, PrimeRevenue and UbiQ Innovations (UbiQ), have announced a new strategic partnership, arranged to help deliver working capital finance...

Perspective
06 November 2014

US Ex-Im reveals strong performance in key sectors for fiscal 2014

The US export credit agency (ECA), the Export-Import Bank of the United States (US Ex-Im), has unveiled its performance, total authorisations and the value of US exports...

Perspective
06 November 2014

Citi launches integrated supply chain and working capital management suite

Citi’s Treasury & Trade Solutions division has launched Integrated Payables Solutions, a product designed to aid clients in identifying opportunities to effectively...

Perspective
06 November 2014

Santander appoint Cavenaghi as Europe head

Eugenio Cavenaghi has joined Santander as managing director – head of trade, export & supply chain finance for Germany, Austria and Switzerland.

Perspective
06 November 2014

Hungary’s MOL signs major club loan

Hungarian-headquartered oil and gas company MOL Group has signed a $1.55 billion club loan. The credit agreement, which MOL says provides them with highly competitive...

Perspective
05 November 2014

Moldova’s Trans-Oil agri-group secures EBRD financing

The European Bank for Reconstruction and Development (EBRD) has signed a $25 million loan for the Trans-Oil Group of companies (Trans-Oil Group), a leading agricultural...

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