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News
06 December 2016

Nigeria and Morocco banks sign trade finance MoU

Morocco-based Attijariwafa Bank and Nigeria-headquartered United Bank for Africa signed a memorandum of understanding (MoU) to strengthen their ties in trade finance,...

News
06 December 2016

Euler Hermes: Losses due to insolvencies up 48% in Germany

Germany saw losses from insolvencies rise 48% in the 12 months to August 2016 compared to the previous year, according to insurer Euler Hermes. This is despite a further...

Transmission
05 December 2016

S&W Breakfast Briefing: Payment instruments

In the latest edition of law firm Sullivan & Worcester's Trade Finance Breakfast Seminars, partner Simon Cook discusses payment instruments and other trade-related...

Perspective
05 December 2016

OCI’s Iowa Fertilizer restructuring buys a little time – and opens door to a sale

Dutch-listed fertiliser producer OCI has completed a tender for $147 million of the bonds issued by its Iowa Fertilizer project. The tender, for a series of bonds that...

News
05 December 2016

China beats UK and US to become global fintech hub

China has leapfrogged the UK and America to become the undisputed global fintech hub, according to a new report by DBS and EY. The report examines what is behind the...

News
05 December 2016

China Exim may finance $4.9bn rail link with Uganda

The Export-Import Bank of China (China Exim) may finance the $4.9 billion final part of Kenya's rail link with Uganda. The bank is already financing the first...

News
05 December 2016

Joe Stone elected to Cargill board of directors

US-based commodity trader Cargill has elected Joe Stone - its chief risk officer - to the company's board of directors. He joined the company 31 years ago.

News
05 December 2016

Akin Gump hires international trade lawyer Jasper Helder

International trade lawyer Jasper Helder has joined Akin Gump Strauss Hauer & Feld at the firm's London office. He joins from Baker & McKenzie, where he...

News
05 December 2016

BNY Mellon appoints Mager to lead Global Innovation Group

BNY Mellon has named Christopher Mager as head of the newly created Global Innovation Group in the company's Treasury Services business. His role includes guiding...

News
05 December 2016

ANZ makes sustainable finance solutions head hire

Australia's ANZ bank has appointed Katharine Tapley as head of sustainable finance solutions, loans & specialised finance. She joined ANZ in 2001.

News
05 December 2016

Markel hires Naomi Murray for trade credit & political risk team

London-headquartered insurer Markel International has hired Naomi Murray as senior claims adjuster in its trade credit and political risk team. She has previously...

News
05 December 2016

Tradeshift gets investment boost from Santander InnoVentures

Santander InnoVentures, the fintech capital fund of Santander, has invested in US-based supply chain finance platform Tradeshift. The investment will be used to boost...

Perspective
05 December 2016

Exporters and Importers Choice Awards 2016 winners announced

TXF has announced the winners of the 2016 Exporters’ and Importers’ Choice Awards.

News
05 December 2016

Lloyds exceeds 2016 target for helping new exporters

Lloyds Banking Group has helped more than 6,000 UK companies start trading abroad in 2016 - beating its target of 5,000. The announcement came after the bank launched...

Perspective
02 December 2016

Turkey risk underlines syndication slowdown

Following a year which saw a failed coup attempt and changes to the political and economic landscape in Turkey, questions have been raised about the risk associated with...

Perspective
02 December 2016
in
Chemicals/Petrochemicals, Oil & gas

Lotte Chemical Corp closes first ECA deal amid government probe

Lotte Chemical Corporation sealed its first ECA-backed loan in October after the $1.59 billion transaction was initially put on hold due to an ongoing government...

News
02 December 2016

Afreximbank signs dual currency dual tenor facility

The African Export-Import Bank (Afreximbank) has signed a $761 million and €105 million dual tenor dual currency syndicated term loan facility. The facility was...

News
02 December 2016

WFW advises on refinancing of Peruvian refinery

Global law firm Watson Farley & Williams (WFW) advised a banking syndicate led by Banco Santander on the $252 million financing for the construction of a new...

News
02 December 2016

BNDES: A graveyard of unfinished work left in its wake

BNDES, Brazil's state development bank, has halted funds for projects abroad, hitting work in Africa, the Caribbean and Venezuela. BNDES committed $7 billion to 25...

News
02 December 2016

MUFG hires Ooi Chenn Siong as loan markets and syndication head

The Bank of Tokyo-Mitsubishi UFJ (BTMU) has hired Ooi Chenn Siong as deputy general manager regional head of loan markets and syndications with its Asian Investing...