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News
14 September 2016

Automotive market: Who's racing ahead, who's crashing?

A report into the automotive sector by insurer Euler Hermes reveals Russia and Brazil are out of the race as new vehicle registrations plummet. Europe and the US have...

News
14 September 2016

BAFT releases FATCA guidance on trade product fees

BAFT, an international financial services association, has released its Foreign Account Tax Compliance Act (FATCA) Guidance: Traditional Trade Product Fees Sourcing...

Perspective
13 September 2016
in
Agri/Soft Commodities

Is Cofco set to break open the agri market?

Following the complete purchase of commodities traders Nidera and Noble Agri, Cofco, the Chinese state-backed trading house, could be set to move on a market suffering...

Perspective
13 September 2016

ADB: Bringing trade finance to the Pacific

Trade finance is virtually unknown in the Pacific. Vast distances, small economies, a preference to do business using cash, and traditional banking methods have all...

News
13 September 2016

SACE and Armenian ECA agree to boost business

Export credit agencies SACE and Export Insurance Agency of Armenia have signed a collaboration agreement to boost business opportunities between Italy and Armenia.

News
13 September 2016

ECAs to be involved in GoviEx Uranium's Niger project

Export credit agencies are expected to be involved in the financing of Canadian mineral resource company GoviEx Uranium's development of its Madaouela Uranium...

News
13 September 2016

UKEF funded loans for foreign metals firm amid UK steel crisis

UK Export Finance gave multibillionaire-owned Russian iron ore giant Lebedinsky GOK £82.8 million in buyer's credit while the British steel industry was...

News
13 September 2016

Finnvera to provide financing for UK biomass plant

Finnvera - Finland's export credit agency - is putting forward £100 million in financing for a £650 million power plant fuelled solely by biomass,...

News
13 September 2016

ADB: 12 things about promoting trade finance in Asia

Find out, among many things, how many trade finance proposals by large, small. and women-owned corporations are rejected in this list by the Asian Development Bank.

News
13 September 2016

EBRD seals syndicated loan for Greece's OTE

The European Bank for Reconstruction and Development (EBRD) is providing a €339 million syndicated loan to Greece's Hellenic Telecommunications Organization...

News
13 September 2016

World Bank and China form Africa infrastructure firm

An infrastructure firm called China Overseas Infrastructure Development and Investment Corporation, with an initial $500 million investment, has been formed by China...

News
13 September 2016

SWIFT's Sanctions Screening hits 500 customers

SWIFT's Sanctions Screening service has hit the 500th customer milestone. The service screens financial transactions in real-time against more than 30 lists from...

News
13 September 2016

Rough seas still ahead for the shipping industry

The rough seas battering the global shipping industry are not likely to ease soon, insurer Euler Hermes said. Insolvencies in the container sector rose by more than...

News
13 September 2016

South Korea says tough luck to Hanjin as shipping line sinks

South Korea is sticking to its hard-line stance on Hanjin Shipping, leaving the company to fend for itself. Its main creditor, the Korea Development Bank, has also...

News
13 September 2016

CAF and NDB agree infrastructure MoU

The Development Bank of Latin America (CAF) and the New Development Bank (NDB) have sealed a memorandum of understanding (MoU) to work together on infrastructure and...

News
13 September 2016

Sibos 2016: Reinventing correspondent banking: Where next?

In the run-up to Sibos 2016, Societe Generale Global Transaction Services' Emmanuel de Bouard, global head of cash clearing services, discusses: "Reinventing...

News
13 September 2016

Deutsche Bank boosts Asia Pacific trade finance team

Deutsche Bank has made two trade finance hires in its Asia Pacific team. Jae-Sun Rah has been appointed director, head of trade finance and working capital advisory -...

News
12 September 2016

Withdrawal of CBRs by foreign lenders weigh on Arab banks

Arab lenders had been witnessing withdrawal of correspondent banking relationships (CBRs) with the foreign counterparts - especially in the US, the UK, Germany -...

News
12 September 2016

Serioplast expands in Turkey with Sace and Simest support

Italian ECAs Sace and Simest have announced a major integrated initiative to assist the expansion in Turkey of Serioplast, a Bergamo-based producer of rigid...

Perspective
12 September 2016

Warid Telecom closes new landmark ECA deal in Pakistan

Due to the political and economic uncertainty surrounding Pakistan, international financing has been hard to come by for the South Asian country. Nonetheless,in July...