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News
01 April 2016

Republic of the Congo formalises Afreximbank membership

The Republic of the Congo has ratified the country's membership of the African Export-Import Bank (Afreximbank). President Denis Sassou Nguesso said the country...

Perspective
31 March 2016

Russian coal titan taps cheap ruble for new PXF

SUEK has secured a $1 billion pre-export finance facility showing Russian commodity producers buoyed by a cheap ruble can still access international financing despite...

News
31 March 2016

Troubled VEB to receive government lifeline

Russian state development bank Vnesheconombank (VEB) is to be given $2.2 billion by the government after economy minister Alexei Ulyukayev backed a decision to...

News
31 March 2016

UKEF adopts Equator Principles

UK Export Finance (UKEF) has adopted the Equator Principles - a global framework to promote sustainable environmental, social and human rights decision-making in...

News
31 March 2016

EXIAR's insurance liability limit rises to $10bn

The Russian Agency for Export Credit and Investment Insurance (EXIAR) has had its insurance liability limit increased to $10 billion by the government.

News
31 March 2016

Chadbourne boosts infrastructure team in South Africa

Law firm Chadbourne & Parke has hired energy and infrastructure lawyer Deon Govender at its Johannesburg office as an international partner. He is an experienced...

News
31 March 2016

JBIC and SMBC finance Angola-Brazil underwater cable

The Japan Bank for International Cooperation (JBIC) and Sumitomo Mitsui Banking Corporation (SMBC) have signed a $109.7 million loan agreement with Angola's...

News
31 March 2016

Four banks to ink deals with ADB for trade financing

Four banks - City Bank, Mutual Trust Bank, Pubali Bank and Southeast Bank - are going to sign separate agreements with Asian Development Bank (ADB) to join its Trade...

News
31 March 2016

VTB and BoC to expand financing trade contracts

The Bank of China (BoC) and Russia's VTB Bank have signed an agreement to expand their product lines for servicing trade contracts between the two nations. The...

News
31 March 2016

India Exim to open raft of new branches

The Export-Import Bank of India (India Exim) is looking to open branch offices in Ivory Coast, Sri Lanka, Nepal and China. It currently has branches in Washington DC,...

News
31 March 2016

Fintech boom could cause massive job losses

As many as 30% of workers in the American banking industry could lose their jobs over the next ten years as a result of the fintech start-up boom. Citigroup said that...

News
31 March 2016

Abengoa's US units seek bankruptcy protection

US units of Spanish energy and engineering company Abengoa have filed for bankruptcy protection as negotiations over the restructuring of its $16.5 billion debt load...

News
31 March 2016

US sanctions: Discussing the past, present and the future

Jack Lew, the US Secretary of the Treasury, has given an insight into how sanctions are devised, what risks come with using them, and what their future holds.

Perspective
30 March 2016

Japanese steel forges ahead with double JBIC deal

The ailing Japanese steel sector — the second largest in the world — has received $405 million in financing, in favour of two overseas subsidiaries, from the Japan Bank...

Perspective
30 March 2016

Blockchain: the future of trade finance?

Blockchain, or distributed ledger technology, is the word on everybody’s lips in financial circles. TXF’s Helen Reid looks in depth at the technology’s applications to...

News
30 March 2016

ADB and JICA agree $1.5bn private infrastructure fund

The Asian Development Bank (ADB) has entered into an agreement with the Japan International Cooperation Agency (JICA) to support private infrastructure investments...

News
30 March 2016

MIGA backs South Africa power project loans

The Multilateral Investment Guarantee Agency (MIGA) has backed €698.9 million in loans to shore up Eskom's power transmission infrastructure in South Africa....

News
30 March 2016

EBRD boosts Egypt's agribusiness sector

The European Bank for Reconstruction and Development (EBRD) is boosting Egypt's agribusiness sector with a $100 million equity investment in a sugar refinery...

News
30 March 2016

Turbulent times for Australian trade finance

Australia's trade finance markets are set for an extended period of turbulent change judging by the last ten years, East & Partners research shows.

News
30 March 2016

Developing Asia growth hit by China slowdown

Growth in developing Asia for 2015 and 2016 will be below previous projections, according to the Asian Development Bank. Growth is slowing across much of developing...