The Export Guarantee Fund of Iran (EGFI) issued export insurance and guarantees worth $1.6 billion between March 2016 and 2017 - a 71% growth on the previous 12 months.

The UK has offered a £4.5 billion financing package to the Philippines to underwrite its ambitious infrastructure building programme. The UK is looking to boost its...

The World Bank has agreed in principle to finance a project to build a highway between Peshawar, Pakistan, and Kabul, Afghanistan. The road would improve regional...

Egypt's Banque Misr will sign a $500 million loan agreement with the China Development Bank (CDB), with a term of eight years. The bank earlier signed a $100 million...

The New Development Bank (NDB) and the Asian Infrastructure Investment Bank (AIIB) are seeking ratings from Moody's, Standard and Poor's and Fitch to pave the way...

Alfa Laval AB has been awarded a contract to supply ten units of spiral heat exchangers for a 2.6m t/a ebullated bed residue hydroprocessing unit at the Ningbo-based...

National Bank of Cambodia is the latest central bank to investigate blockchain, inking a deal with Japanese startup Soramitsu that will see them work jointly on new...

The US is prepared to get tougher on international trade, potentially imposing tit-for-tat tariffs, White House National Economic Council director Gary Cohn said hours...

Financial security software firm NICE Actimize has launched a cloud-based tool to protect financial institutions from fraud at a time when it says faster payments...

Temenos saw its non-IFRS software licensing revenue surge 19% in the first quarter, while EBIT earnings were up 15%. The banking and finance software vendor said that it...

Supply chain finance pure-play providers' use of traditional fee models is causing revenue to be far smaller than increases in new business volumes would suggest. Should...

Spain's Banco Bilbao Vizcaya Argentaria (BBVA) has executed its first cross-border payments through a distributed ledger system built by Ripple. The bank says it has...

In a move designed to speed up investment in vital infrastructure projects state entities can now access international funds directly from ODA partners. Loans...

The Central Bank of Lesotho has gone live on Intellect Design Arena's Quantum Central Banking Solution (QCBS). It includes treasury management, trade finance,...

Ian Kerr, CEO of Bolero International, reports on a strong focus on digitisation in trade finance at the International Chamber of Commerce (ICC) Banking Commission's...

The Samsung Asset Management/IFM Investors Infrastructure Debt Fund has raised the capital solely from four institutions, including a $250 million contribution from...

Fund manager First State Investments has completed the first of several fundraising series that aim to raise £2 billion towards a portfolio of utility,...

The bond sale is critical to financing the 118 miles of construction from Madera to Shafter in the Central Valley. This portion of the project is estimated to cost...

The Australian infrastructure investor has bought GIB from the UK government for £1.7 billion with an estimated £600 million for future funding...

The initial installation of a 644MW generator at Huntington Beach, Orange County, will be followed later by two 100MW units subject to securing power purchase agreements....