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Perspective
17 February 2014

Australia’s NewSat reaches financial close on Jabiru-1 satellite

Australian satellite company, NewSat, has reached financial close with the Export-Import Bank of the United States (US Ex-Im) and France’s Coface for $390.1 million of...

Perspective
17 February 2014

UniCredit and Exiar signed cooperation pact

UniCredit has signed a cooperation agreement with the Russian Agency for Export Credit and Investment Insurance (Exiar). As such, UniCredit becomes the first foreign bank...

Perspective
17 February 2014

Transbunker gains funds from VTB for oil terminal project

VTB Bank has signed a $17 million corporate loan for Russian bunkering company Transbunker Group. The funds will be used for general working capital and to acquire assets...

Perspective
17 February 2014

Lenzing chooses Deutsche for RMB cross-border trade

Austrian-headquartered Lenzing Group (Lenzing) has selected Deutsche Bank’s global transaction banking division as its cash management bank in the Shanghai free trade...

Perspective
17 February 2014

Poland’s Bank BPH enhances trade finance operations

Poland’s Bank BPH has enhanced its back-office trade finance capabilities with the signing of an agreement licensing the use of Surecomp’s latest version high-volume...

Perspective
14 February 2014

Agrowind project financed by Rabobank, KfW and EIB

NOP Agrowind has secured €350 million ($480 million) in loans to construct 26 wind turbines in the Netherlands from a consortium of Rabobank, KfW IPEX-Bank and the...

Perspective
14 February 2014

Lundin Petroleum signs largest European RBL yet

Swedish-headquartered upstream oil firm Lundin Petroleum has signed a $4 billion reserve-based lending (RBL) facility. The new Lundin RBL is believed to be the largest...

Perspective
14 February 2014
in
Agri/Soft Commodities, Infrastructure, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

Hopes, fears, challenges and outlook: take the ICC export finance survey

The ICC, in conjunction with TXF, is currently conducting its first ever survey on export finance. The findings will form part of the prestigious ICC Global Trends Survey...

Perspective
14 February 2014

Pan-African Alios secures funds through FMO

Pan-African specialised finance group Alios Finance has secured a $12.5 million multi-currency senior loan from the Netherlands development financial institution FMO.

Perspective
13 February 2014

Kenya’s I&M Bank secures loan through Proparco

Kenya’s I&M Bank has secured a $40 million loan from development finance institution Proparco. The loan will be used by I&M Bank to onlend to corporate clients, small and...

Perspective
13 February 2014

Sberbank arranges financing for Kazakhstan’s Maten Petroleum

Sberbank Corporate & Investment Banking (CIB) together with SB Sberbank has arranged financing for Kazakhstan’s Maten Petroleum. The funds will be used for the company’s...

Perspective
13 February 2014

IFC provides UniCredit Tiriac Bank with trade credit

The IFC has extended a $20 million trade credit line to UniCredit Tiriac Bank – part of the UniCredit group) in order to channel additional financing to the bank’s...

Perspective
12 February 2014

Malaket joins ICC banking commission executive

The International Chamber of Commerce (ICC) has appointed Alexander Malaket, to its 12-member executive committee. He will advise the ICC Banking Commission on its...

Perspective
12 February 2014

Westpac expands Asian trade teams

Westpac Banking Corporation (Westpac) has expanded its trade teams in Hong Kong and Singapore with some recent appointments.

Perspective
11 February 2014

FMO signs credit facility for Bangladeshi IDLC Finance

IDLC Finance, the largest multi-product financial institution in Bangladesh, has signed a $20 million credit agreement with the Netherlands development finance...

Perspective
11 February 2014

Afreximbank to assist Zimbabwe trade banks

The African Export-Import Bank (Afreximbank) has entered into an agreement with Zimbabwe to help tackle the country’s financial sector liquidity challenges through the...

Perspective
10 February 2014

Trafi to build LatAm hub in Montevideo

Commodity trader Trafigura has announced its intention to invest in and build its regional hub in Montevideo, Uruguay, to complement regional offices already established...

Perspective
10 February 2014
in
Agri/Soft Commodities, Infrastructure, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

Deutsche appoints new ASEAN head of trade finance and CMC

Deutsche Bank’s global transaction banking division has appointed Vikas Arora as head of trade finance and cash management for corporates (TF/CMC) in ASEAN (Association...

Perspective
10 February 2014

KfW and BayernLB finance Uruguay’s Pampa wind farm

KfW IPEX-Bank and BayernLB have signed a loan agreement with Usinas y Trasmisiones Eléctricas(UTE), Uruguay's state-owned power utility, to fund part of the development...

Perspective
10 February 2014

JB's weekly round-up - 12 February 2014

Hoorah, the winter Olympics are underway, and thank you Mr Deripaska et al and other mega-rich Russians for involvement in the infrastructure development there.