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Perspective
26 November 2014

SACE guarantees loan for expansion of Giza power plant

The Italian export credit agency (ECA), SACE, has guaranteed a thirteen-year €210 million ($262.44 million) loan to Italian energy company, Ansaldo Energia, for the...

Perspective
25 November 2014

Texas Freeport LNG closes project financing on first two liquefaction trains

Freeport LNG Expansion (Freeport LNG) has today announced that its subsidiaries, FLNG Liquefaction (FLIQ1) and FLNG Liquefaction 2 (FLIQ2), successfully closed the debt...

Perspective
25 November 2014

Demica appoints new CEO as Kerle departs

Demica has appointed Matt Wreford as its new chief executive officer, replacing the outgoing Philip Kerle.

Perspective
25 November 2014

PTA Bank launches new eastern and southern African trade fund

The Eastern and Southern African Trade and Development Bank (PTA Bank) has collaborated with London-based specialist emerging market investment manager, GML Capital, to...

Perspective
25 November 2014

Rabobank appoints new head of TCF

Dutch multinational, Rabobank, has appointed Jasper van Schaik as its new global head of trade and commodity finance (TCF).

Perspective
24 November 2014

SBI clarifies proposed loan with Adani Group

Following a range of criticism directed at the State Bank of India (SBI), the bank has defended its position on the signing of a memorandum of understanding (MoU) with...

Perspective
24 November 2014

Deutsche Bank secures loan with Damen Shipyards for the Bahamas

Deutsche Bank has announced that it has arranged a €135 million ($167.35 million) loan, financing a contract between Dutch shipyard company, Damen Shipyards (Damen) and...

Perspective
24 November 2014

Denizbank appoints new head of financial institutions and trade finance

The private Turkish bank, Denizbank, has appointed Semih Ozcan as its division head of financial institution and trade finance. In his new role, he will be based in...

Perspective
24 November 2014

Bank Leumi UK appoints Michael Rolfe as head of commodity finance

Bank Leumi (UK) has appointed Michael Rolfe as its new head of commodity finance.

Perspective
24 November 2014

SACE signs collaboration agreement with Vietnamese bank

The Italian export credit agency (ECA), SACE, has signed an agreement with the second largest commercial bank in Vietnam, Vietinbank.

Perspective
23 November 2014

EBRD teams with ING and other agencies to co-finance loan for Turkish rail system

The European Bank for Reconstruction and Development (EBRD) is providing a €38.5 million ($48.17 million) loan to Turkey’s third-largest city, Izmir, for the expansion of...

Perspective
22 November 2014

Nord/LB and Finacity arrange multi-bank securitisation for CMA CGM

German bank Norddeutsche Landesbank (Nord/LB) has combined with securitisation specialist Finacity to launch an $880 million trade receivables securitisation for France’s...

Perspective
21 November 2014

Ukraine’s Nibulon secures two new loans

In entirely separate transactions, Ukraine’s leading grain producer, logistic operator and exporter, Nibulon, has secured two new loans – from both international...

Perspective
21 November 2014

China Merchants launches the United States’ first RMB-denominated CD – with proceeds for trade

China Merchants Bank’s (CMB) New York branch has launched the United States’ first renminbi (RMB) denominated certificate of deposit (CD) from its new global CD...

Perspective
21 November 2014

Ghana announces plans to establish export-import bank

The Ghanaian cabinet has approved the establishment of an export-import bank as part of an overarching aim to position the country as an export-led economy.

Perspective
21 November 2014

JBIC and Deutsche Bank provide loans for Oldendorff Carriers

The Japanese Bank for International Cooperation (JBIC) has co-financed two buyer’s credit agreements with the Tokyo branch of Deutsche Bank for German drybulk ship...

Perspective
20 November 2014

ITFC signs murabaha financing with Tunisia’s STIR

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) group, has signed Murabaha financing facilities with Tunisia...

Perspective
20 November 2014

Olam mandates banks and secures new multi-tranche RCF

Singapore-headquartered, Olam International - a leading agri-business operating across the value chain in 65 countries - has mandated arranging banks and secured...

Perspective
20 November 2014

ING closes junior loan for Ethiopian Airlines

New York-based ING Capital has today closed a $41.4 million, seven-year junior loan facility for Ethiopian Airlines in connection with its acquisition of two Boeing 777...

Perspective
20 November 2014

Sace-backed SME fund aims to tap capital markets

Sace, the Italian export credit agency (ECA), has launched a new fund, targeted at non-listed Italian companies, with a special attention on SMEs and mid-caps.