Indian state-owned upstream developer ONGC Videsh has mandated three banks following its March 8 bidding deadline for a dual-currency facility to refinance existing debt...

The South African utility has missed the deadline set for the financial close of 37 outstanding PPAs won in round four of the Renewable Energy Independent Power Producer...

Societe Generale Corporate & Investment Banking has appointed Brendon Moran as senior banker, covering natural resources and utilities sectors in the UK. He replaces...

The Export-Import Bank of India (India Exim) has agreed a $1.6 billion loan to the Bangladesh India Friendship Power Company to finance a 1,320MW ultra-super-critical...

The Armenian Export Insurance Agency will help exporters receive loans at the rate of 7% per annum. Commercial banks are ready to provide exporters with trading factoring...

Bibby Financial Services has appointed Ben Smith as UK corporate sales director as the funder looks to strengthen its support for small and medium-sized enterprises. He...

The 2017 insolvency outlook for advanced markets is stable, according to Atradius. But tighter access to financing is one of the factors putting pressure on businesses in...

The EIB rolled out its Trade Finance Facility 2 (TFF2) Greek SME support mechanism on Monday. TXF caught up with Guido Clary - senior banker, lending operations, South...

Lavan Chemical Company and Hampa Energy Engineering and Design Company (HEDCO) are planning to speak to international financial institutions such as the European...

The Canadian infrastructure fund has acquired eight solar and wind generation projects from affiliates of D. E. Shaw Renewable Investments. A further three will be...

The 50:50 joint venture between state-owned Oman Oil Company and Kuwait Petroleum International is looking to fund 65% of the $7 billion project from commercial loans....

The National Bank of Abu Dhabi green bond raised $587 million, paying 3% semi-annually for 5 years. The first three expected investments include a solar power...

Commercial Bank of Qatar has completed a blockchain pilot focused on international payments in conjunction with a regional alliance of banks in Turkey, Oman and the...

Critical infrastructure, such as custodians and asset managers, is needed before trade finance becomes a true asset class. Still, a number of non-bank sources of trade...

US-based Transcepta is ramping up its use of artificial intelligence (AI) and predictive analytics technology in its procure-to-pay platform. It says the technology...

Cloud-based corporate spend platform provider Coupa plans to acquire Trade Extensions, an eSourcing and strategic sourcing specialist used by companies including...

The Qatar General Electricity and Water Corporation (Kahramaa) has awarded Indian firm Larsen & Toubro (L&T) Phase 13 of the Electricity Transmission Network...

IBM has launched a supply chain platform incorporating blockchain technology to help pharmaceutical retailers in China raise working capital. It will initially test the...

The UK's Financial Conduct Authority (FCA) has called for feedback on the future potential for blockchain/distributed ledger technology (DLT) in the markets it...

The published announcement is the first step towards invitations to bid for three-phase solar PV developments of 10-20GWh. The process will be overseen by state-owned...