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News
19 April 2017

Project finance banker Kelvin Wong joins DBS in Singapore

Leading project finance banker Kelvin Wong has joined DBS in Singapore in an executive-director role. He joins from the Singapore office of Commonwealth Bank, where he...

News
19 April 2017

Central Bank of Armenia takes on Intellect banking system

Intellect Design Arena says the Central Bank of Armenia has selected Intellect Quantum Central Banking System for its digital transformation. Benefits include the bank...

News
19 April 2017

IIC supports sugarcane industry in Brazil with Sucres loan

The Inter-American Investment Corporation (IIC) has completed the first disbursement of a $50 million revolving corporate loan to Sucres et Denrees to support sustainable...

News
19 April 2017

Sheppard, Mullin boosts infrastructure, project team in Chicago

Law firm Sheppard, Mullin, Richter & Hampton has hired Amit Kalra as a partner in the energy, infrastructure and project finance team, based at its Chicago office. He...

News
18 April 2017

Opportunity of the day: Fluidpack to raise trade finance from SBI, HDFC to supply tablet compression machine to Cadila

Fluidpack will be supplying a tablet compression machine to Cadila Pharmaceuticals Group's bulk drug and intermediates manufacturing facility at GIDC Dahej, Phase II,...

Perspective
18 April 2017

Leading commodity traders: Filling the funding void and maxing the margins

A downturn in global commodity markets and a rise in regulatory pressure has led to greater de-risking by structured trade finance banks. This funding gap is being...

Perspective
18 April 2017

Uruguyan wind: Small market - big impact

Uruguay is the MacGyver of clean energy development. Equipped with just some pocket change from the UN’s climate fund, the country has become a global standard-bearer for...

News
18 April 2017

Goldman Sachs closes in on $1bn Japanese renewables bond target

The investment bank is offering an alternative to traditional bank loans for clean energy developers. The 5.4 billion yen bond for a 19MW Canadian Solar was the...

News
18 April 2017

DONG wins three projects at German offshore wind auctions

DONG Energy was awarded 590MW of projects at the first round of the auctions. OWP West and Borkum Riffgrund West 2 were priced at €0 per MWh meaning no subsidy...

News
18 April 2017

MIGA offers insurance to Afghan companies

The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, has started providing insurance services to big companies in Afghanistan. MIGA has...

News
18 April 2017

China enjoyed $23.9bn trade surplus for March

China enjoyed a $23.9 billion trade surplus in March, marking a turnaround from February's $9.2 billion deficit, according to Moody's Analytics Alert. Exports...

News
18 April 2017

VivoPower and Innovative Solar join for future ventures

VivoPower International has agreed to a joint venture to acquire early stage solar PV projects from Innovative Solar Systems' development pipeline and establish them...

News
18 April 2017

B2B payments make up third of same day ACH credits

Same day ACH credits, which launched in September, have now facilitated 13 million transactions valued at nearly $17 billion, according to new NACHA figures. B2B payments...

News
18 April 2017

Is there a middle market trade finance liquidity gap?

Middle market companies are the backbone of the US but they are too small to interest global banks and mostly too large for smaller factoring and asset-based lenders to...

News
18 April 2017

Indonesia plans 20MW Bacan Island geothermal project

The Energy and Mineral Resources Ministry is expecting to put the North Maluku project out to tender later in the year. It is planned for the site on Songa to have two...

News
18 April 2017

Treasurers call for payment method standardisation

A lack of standardisation in payment methods, formats and regulatory processes is corporate treasurers' biggest gripe, according to Nordea's recent Navigating to...

News
18 April 2017

Al-Ahli Bank of Kuwait picks Infosys Finacle core banking system

Al-Ahli Bank of Kuwait has implemented Infosys' Finacle core banking system at its Dubai and Abu Dhabi branches, with the bank's domestic operations also due to...

News
18 April 2017

Trump names Scott Garrett to head US Ex-Im

US President Donald Trump has named conservative Republican former lawmaker Scott Garrett to head the Export-Import Bank of the United States (US Ex-Im). Garrett voted to...

News
18 April 2017

Ottawa issues RFP for C$535m Trillium rail extension PPP

The Canadian capital is looking for design-build-finance-maintain proposals for the Trillium Line Extension project to the south of the city. This rapid transit project...

News
18 April 2017

Import-Export Bank of India approves $1bn loan for Mongolian oil refinery

The Mongolian government has approved a proposal to create a state-owned company for constructing an oil refinery, which will be financed by the Import-Export Bank of...