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Perspective
07 March 2014

Major banks to take SWIFT action on KYC compliance

A group of major banks have joined forces with the Society for Worldwide Interbank Financial Telecommunication (SWIFT) to collaborate on the development and use of a new...

Perspective
07 March 2014

Investec strengthens London export finance team

South African headquartered bank Investec has further strengthened its export and agency finance team with the arrival of Mark Paton as regional head for Europe, based in...

Perspective
07 March 2014

Magnolia LNG project moves forward with further FTA export rights

The US-based Magnolia LNG export project is moving forward with two major developments taking place this week.

Perspective
06 March 2014

ING and CACIB arrange export credits for RusHydro

ING-DiBa AG (ING Bank) and Crédit Agricole Corporate & Investment Bank Deutschland (CACIB) have arranged two export credit financings for Russian power generating company...

Perspective
06 March 2014

JB's weekly round-up - 3 March 2014

Spread the word…..tell your team…. Many of you who receive our Weekly News are also registered on the TXF News website. It is a free, regularly updated service. So, do...

Perspective
06 March 2014

Zambia’s Zesco secures Swedish export credit financing

Zambia Electricity Supply Corporation (Zesco) has signed a $163 million export financing agreement with Nordea and Standard Bank to finance the company’s north-western...

Perspective
05 March 2014

EBRD pledges huge financial support for Ukraine

The European Bank for Reconstruction and Development (EBRD) has demonstrated its support for crisis-hit Ukraine with a pledge to invest at least €5 billion in the country...

Perspective
05 March 2014

US Ex-Im appoints James Burrows SVP for small businesses

James Burrows has been appointed senior vice president for the small business group at the Export-Import Bank of the United States.

Perspective
05 March 2014

CGA of France launches new supply chain finance platform

Compagnie Générale d’Affacturage (CGA) of France, a fully-owned Société Générale subsidiary, has launched a new supply chain finance platform to support business growth...

Perspective
05 March 2014

Armenian bank signs debut syndicated loan facility

Armenian bank Ardshininvestbank has signed its first syndicated loan facility with international lenders. Moreover, the transaction represents the first syndicated deal...

Perspective
04 March 2014

Azeri Shah Deniz project receives loan from EBRD

The European Bank for Reconstruction and Development (EBRD) has agreed to extend a senior loan of $200 million to Lukoil Overseas Shah Deniz (LSD), a wholly-owned...

Perspective
04 March 2014

IFC arranges financing for Stora Enso China project

The IFC is arranging financing to support the continued development of sustainable forestry in Guangxi, China for Stora Enso’s integrated state-of-the-art plantation,...

Perspective
03 March 2014

Seaborn Networks mandates Natixis for Seabras-1 financing

Seaborn Networks (Seaborn) has mandated French bank Natixis to arrange the financing for Seaborn’s new submarine cable project, known as Seabras-1, linking commercial and...

Perspective
03 March 2014

CACIB coordinates ECA-backed finance for Petredec

Singapore-headquartered LPG (liquefied petroleum gas) shipping and logistics company, Petredec, has finalised a $200 million export finance credit facility for the...

Perspective
03 March 2014

ING Frankfurt expands export finance team

ING Bank has expanded its export finance team with the hiring of Marina Grigoryeva to work in their Frankfurt office.

Perspective
03 March 2014

Turkey’s agri-sector gets boost with EBRD loan

Turkey’s agricultural sector has received a boost with a €25 million ($34.7 million) loan from the European Bank for Reconstruction and Development (EBRD). The funds will...

Perspective
03 March 2014

New head appointed at Sibur's trading company

Andrey Frolov has been appointed executive director of SIBUR International, Sibur group’s international trading arm. He will be based in Vienna. Frolov takes over from...

Perspective
28 February 2014

Hindustan Petroleum signs syndicated facility

Hindustan Petroleum Corporation (HPCL) has secured a $500 million three-year term loan through bookrunners State Bank of India, DBS and RBS

Perspective
28 February 2014

Ecom Agroindustrial Asia launches revolver

Swiss-headquartered agricultural commodity trading group Ecom Agroindustrial Asia has launched a $300 million, 364-day revolving credit facility (RCF) into the market.

Perspective
27 February 2014

Mobily inks new ECA deals for NSN and Ericsson equipment

Saudi Arabian telecommunications company Mobily (Etihad Etisalat) has agreed two new financings amounting to SAR2.1 billion ($560 million) backed by the export credit...