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News
05 July 2017

EFIC appoints Swati Dave as CEO and managing director

EFIC, Australia's export credit agency, has appointed Swati Dave as CEO and managing director. She spent just under ten years at the National Australia Bank, most...

News
05 July 2017

Former Glencore traders launch concentrates trading platform

A team of former traders from Glencore are launching an online platform called Open Mineral. Its aim is to connect miners with customers such as smelters and sign deals...

Perspective
04 July 2017

Open Fiber: Banks key to Italian broadband

Open Fiber's fibre-optic broadband build-out could be one of Europe's largest infrastructure financings of 2017, if CEO Tommaso Pompei's stated timescale is not too...

News
04 July 2017

Madagascar Airports DFI-backed loan closed

Ravinala Airports has reached financial close on the €215 million ($245 million) financing backing expansion and maintenance under the 28-year Madagascar Airports...

News
04 July 2017

Nam Dinh 1 investment licence awarded to ACWA and Taekwang

Vietnam’s Ministry of Planning & Investments has issued an investment licence to ACWA Power and Taekwang Power for development of the 1200MW Nam Dinh 1...

News
04 July 2017

PLN signs $241m JBIC/NEXI-backed loan

PLN signed a $241 million JBIC/NEXI-backed loan last month to finance the procurement of boilers and turbines for the construction of the 200MW Kalselteng 2...

News
04 July 2017

Ferrexpo launches structured debt

Ferrexpo has launched a new syndicated loan. The Ukraine-based iron ore pellet producer had been expected to return to the debt market in 2017 having paid off one of...

News
04 July 2017

JICA backs Japanese ODA loans to six Bangladesh projects

JICA has signed a loan agreement with the Bangladesh government to provide ¥178.223 billion ($1.59 billion) for six infrastructure projects. The six projects...

News
04 July 2017

Amber Road expands FTA solution

Supply chain managers charged with leveraging preferential trade agreements can take advantage of opportunities in new markets by simplifying the compliance and...

News
04 July 2017

HSBC goes live on SGX NPTS using Swift

HSBC has gone live with FIXML and ISO 20022 traffic on interbank messaging system Swift for domestic clearing and settlement on the Singapore stock exchange. This will...

News
04 July 2017

Greencoat buys Bishopthorpe Wind Farm

This is the fifth time that Greencoat UK Wind has agreed to acquire a wind farm from BayWa r.e. with the £47 million purchase funded from revolving credit...

News
04 July 2017

ICC survey confirms trade finance supply/demand imbalance

The International Chamber of Commerce (ICC) Banking Commission has released its 2017 report, Rethinking Trade and Finance. It finds that 61% of banks report more demand...

News
04 July 2017

UK launches Digital Infrastructure Investment Fund

The government will invest £400 million in the Digital Infrastructure Investment Fund (DIIF) in an attempt to unlock over £1 billion investment...

News
04 July 2017

Gross leaves ASHRA and Berne Union

Adi Gross, chief underwriting officer at ASHRA and vice chair of the Berne Union, left both his roles last week after working at the trade, risk,...

News
04 July 2017

Blockchain could transform shipping sector

A recent blockchain pilot by the Port of Antwerp demonstrates how advances in distributed ledger technology will not only help move supply chains onto blockchain...

News
04 July 2017

Mactan airport operator seeks 25-year concession extension

GMR-Megawide Cebu Airport Corp. (GMCAC) has submitted a P208 billion proposal to construct a second runway at Mactan Cebu International Airport in the Philippines in...

News
04 July 2017

Myanmar's CB Bank seeks partner to upgrade Temenos T24 system

Myanmar's Co-operative Bank is looking for a Temenos-accredited partner in Asia Pacific to help it with a planned upgrade of its core banking system. The privately...

News
04 July 2017

EIB to fund €600m phase one of Indian Pune metro project

The European Investment Bank is to fund about €600 million of the estimated €845 million for the first phase of the Pune metro rail project in Maharashtra,...

News
04 July 2017

EAIF loan for Madagascar airport concession

The consortium Ravinala Airports that manages Ivato International and Fascene airports has received a €25 million loan from the Emerging Africa Infrastructure...

News
04 July 2017

Banks must prepare for transformed European payments landscape

Banks and payment service providers have two years to get it right as a wave of regulatory change, technological advances and shifting corporate requirements prepares to...