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News
26 October 2016

Yusuf Macun to lead Apricum's project finance advisory practice

Berlin-headquartered Apricum, a transaction advisory and strategy consulting firm specialising in renewable energy, has hired Yusuf Macun as partner. He will lead its...

News
26 October 2016

R3 banks trial cross-border payments with Ripple's XRP

Twelve member banks of the R3 blockchain group, including Barclays and Natixis, have tested cross-border payments using start-up Ripple's digital currency token...

News
26 October 2016

RDIF among investors in French glass group Arc

The Russian Direct Investment Fund (RDIF) is part of a consortium putting up to €250 million into France-based glass tableware manufacturer Arc. The money will...

News
26 October 2016

Intesa Sanpaolo and Bolero in landmark trade finance deal

Italian banking group Intesa Sanpaolo has become the country's first bank to issue an electronic import documentary credit. It used Bolero's ePresentation in...

News
26 October 2016

Afreximbank and Kexim agree credit line to boost trade

The Export-Import Bank of Korea (Kexim) is opening up a $100 million credit line to the African Export-Import Bank (Afreximbank) to boost trade between South Korea and...

News
26 October 2016

EBRD finances Turkish renewable energy via Isbank

The European Bank for Reconstruction and Development (EBRD) is providing $55 million to Turkey's Isbank to finance private companies investing in green projects in...

News
26 October 2016

ICC Academy unveils advanced programme for trade finance

The International Chamber of Commerce's ICC Academy has launched its advance programme on trade financing. It offers training and certification on key aspects of...

News
26 October 2016

Africa's Ecobank launches mobile app

Pan-African bank group Ecobank has launched a mobile app which it claims will transform banking on the continent. It allows customers to quickly open a digital account...

News
26 October 2016

NPL levels in CESEE fall but remain high

The volume of non-performing loans (NPLs) in the central, eastern and south-eastern Europe (CESEE) region dropped substantially last year to stand at €55.5...

Perspective
25 October 2016

JBIC waives Indonesian government guarantee in new balance sheet play

JBIC has announced plans to fund infrastructure projects in Indonesia without guarantees from the Indonesian government. The 'new trend' makes Japanese exports more...

Perspective
25 October 2016

MHP’s $100m PXF could spark Ukraine agri boom

Despite Ukraine’s turbulent times, the agricultural sector has survived and prospered as the country looks to make business more attractive. A recent PXF could signal...

News
25 October 2016

IFC backs Bank of Georgia trade finance facility

The International Finance Corporation (IFC) provided funding and a partial guarantee through its Global Trade Finance Programme as Bank of Georgia closed a $50 million...

News
25 October 2016

KfW IPEX agrees freight wagons financing for Irish group

Germany's KfW IPEX-Bank and DVB Bank have financed the purchase of up to 1,335 freight wagons for Ireland's Tx Rail Finance 4. The two banks will contribute...

News
25 October 2016

KDB to sell stake in Daewoo Engineering & Construction

The Korea Development Bank (KDB) is to sell its controlling stake in Daewoo Engineering & Construction next year. KDB, Daewoo's main creditor, wants to...

News
25 October 2016

UKEF hires Bhaskar Dasgupta as chief operating officer

UK Export Finance (UKEF), Britain's export credit agency, has hired Bhaskar Dasgupta as its new chief operating officer. He joins from HSBC, where he was most...

News
25 October 2016

Central Asia's energy investment needs hit $94bn

Power investment needs in Central Asian countries total $94 billion until 2023 - and the private sector has to fill a financing gap of about $38 billion in that...

News
25 October 2016

Cautious western insurers rebuild business ties with Iran

Western insurers are slowly restarting business with Iran ten months after global sanctions were lifted - but progress is hampered by banking restrictions.

News
25 October 2016

AfDB makes power, energy, climate and green growth VP hire

The African Development Bank (AfDB) has appointed Amadou Hott as vice-president, power, energy, climate and green growth. His experience includes infrastructure...

News
25 October 2016

Insurer Euler Hermes partners with Fluent

Insurer Euler Hermes has joined forces with blockchain start-up Fluent, which will deliver credit insurance through its Fluent Trade Asset Marketplace trade finance...

News
25 October 2016

Belarus seeks AIIB membership

Belarus wants to join the Asian Infrastructure Investment Bank (AIIB). It also had talks with the Export-Import Bank of the United States about boosting its position...