KfW IPEX-Bank is providing a €55 million ($75 million) loan to finance German equipment supplies for the expansion of the petrochemical complex of Gail India Limited...

Stuart Grice has been appointed head of trade credit at Bluefin insurance group with immediate effect. Based in London, Grice will manage Bluefin's credit insurance team...

The Royal Bank of Scotland (RBS) has recruited Cissy Hon to the bank as head of trade product management, North Asia and head of supply chain finance, Asia.

First Quantum Minerals (First Quantum) has secured an extension of the tenor, and an amendment of the terms under its existing $2.5 billion credit facility. The signing...

Uralkali, the Russian potash producer, has signed its first ever ECA-backed transaction. The $236 million (€171.4 million) financing will fund the construction of two...

Hong Kong-listed Brightoil Petroleum (Holdings) has signed a $50 million loan agreement with China Development Bank Corporation (CDB) Hong Kong branch. The borrower of...

RBS has appointed Michael Gilham as a director for financial institutions trade origination in EMEA at RBS International Banking. He joins from Lloyds Bank where he led...

BHP Billiton (BHP), Royal Bank of Scotland (RBS), Westpac Banking Corporation, Cargill and Minerva Marine have completed the first trade financed iron ore trade using...

The Export-Import Bank of the United States (US Ex-Im) has contributed over $1 billion in revenues to the US Treasury for the fiscal year 2013. This revenue, generated...

Standard Chartered (StanChart) announced today that it has completed a trade finance transaction with the Bank Payment Obligation (BPO) under the Uniform Rules for BPO...

Pan-African Ecobank has successfully, officially deployed Global CASHplus, Fundtech’s integrated, real-time cross-border payment and cash management system in 30 African...

Barclays has provided UK exporter Techflow Marine with a performance guarantee bond and warranty bond using the UK Export Finance (UKEF) bond support scheme.

The EBRD is lending RUB1.7 billion ($53.4 million) to UniCredit Leasing Russia (UCLR) – one of the country’s top leasing companies, with nationwide coverage. The...

First the Berne Union (BU), and now the ICC Banking Commission – both hosting in Vienna. Well, why not, it is a beautiful and friendly city – any time of the year. So,...

Standard Bank has signed a ground-breaking deal with independent power producer Aeolus Kenya (AKL), to build a $150-million wind power plant in Kenya. The 60.8MW...

Several significant changes to the ICC Banking Commission executive committee were announced during October’s meeting in Vienna. Long time industry stalwarts, Dan Taylor...

Alexander Malaket, president of OPUS Advisory Services International, and managing director of Trade Finance Associates Ltd, reports on the trade finance and BPO panel at...

Barclays is continuing to expand its tade finance team with the appointment of Geoff Parry as UK head of global corporates, trade finance. Parry joins Barclays from...

Regulation was the key challenge identified by panelists at an engaging opening session of the ICC banking commission meeting in Vienna.

Project financing has been secured for a floating production, storage, and offloading system (FPSO) for use in the Tweneboa, Enyenra, Ntomme (TEN) oil fields offshore...