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News
11 December 2015

Pakistan's HBL adopts Misys' digital trade platform

Habib Bank (HBL), Pakistan's largest domestic multinational bank, has signed up to financial software company Misys' FusionBanking Corporate Channels. The...

Perspective
10 December 2015

Commodity investor interviews: Scipion Capital - taking on the traders

In part two of our interview series, TXF’s Helen Castell talks to Scipion Capital vice president Ben Storrs about how trade finance funds and specialist commodity...

Perspective
10 December 2015

Cofarco expands its project and natural resources finance team

Paris-headquartered finance arranger and trade credit insurance broker Cofarco has hired Stephen Dimon to strengthen its project and natural resources finance team

News
10 December 2015

SWIFT to improve cross-border payments

SWIFT has unveiled a global payments innovation designed to increase the speed, transparency and predictability of cross-border payments. It will initially focus on a...

News
10 December 2015

Deutsche Bank closes $3.5bn synthetic CLO

Deutsche Bank's global transaction banking division has closed a $3.5 billion synthetic collateralised loan obligation (CLO) - TRAFIN 2015-1. The transaction...

News
10 December 2015

Japan puts up 1.5tn yen to back business in India

The Japanese government is setting up a 1.5 trillion yen loan and investment programme to support domestic companies doing business in India. The Japan Bank for...

News
10 December 2015

EXIAR insures exports of car tyres to Europe

The Russian Agency for Export Credit and Investment Insurance (EXIAR) has agreed to back the export of ShinEkspo's Russian-made tyres to Europe. The policy also...

News
10 December 2015

Brexit could cause £30bn export losses, says Euler Hermes

Up to £30 billion - or 8% - of UK total goods exports could be lost if the UK leaves the EU without a replacement Free Trade Agreement, trade credit insurer...

News
10 December 2015

BNP Paribas is latest addition to SWIFT's KYC Registry

BNP Paribas has joined SWIFT's Know Your Customer (KYC) Registry, which sees banks contribute an agreed baseline set of data and documentation for validation....

News
10 December 2015

Glencore plans even bigger debt cuts amid price crisis

Swiss-based commodity trader Glencore has vowed to cut debt even further, reduce operations and sell more assets amid a worsening slump in commodity prices. The...

News
10 December 2015

ING signs up to SWIFT's KYC Registry

Netherlands-based ING Bank has joined SWIFT's Know Your Customer (KYC) Registry. The registry is a centralised repository that maintains a standardised set of...

News
10 December 2015

NZCID elects ANZ's Patrick Brockie as chairman

The New Zealand Council for Infrastructure Development (NZCID) has elected long-standing board member Patrick Brockie as its new chairman. Brockie, head of global...

News
10 December 2015

Latin American banks flock to SWIFT's KYC Registry

More than 100 Latin American financial institutions have joined SWIFT's KYC Registry since it was launched in December 2014. The registry maintains a standardised...

News
09 December 2015

Development banks 'failing in fight against climate change'

Development banks are neglecting the fight against climate change by backing fossil-fuel projects in developing countries, US eco-group Sierra Club said. The...

News
09 December 2015

New SACE policy targets micro and small groups

Italian export credit agency SACE is launching a new policy dedicated to the country's micro and small companies. BT Facile PMI allows businesses to insure all...

News
09 December 2015

CBI and NGI seal trade credit insurance deal

UAE-based Commercial Bank International (CBI) and National General Insurance (NGI) have signed a trade credit insurance agreement. The deal, backed by Coface Credit...

News
09 December 2015

Malaysia's 150-step plan to boost exports

Malaysia will take part in 150 programmes to boost exports next year, the Malaysia External Trade Development Corporation announced. Most of the events will be in...

News
09 December 2015

Vitol buys stake in asphalt trader Sargeant Marine

Swiss-headquartered commodity trader Vitol is buying a 50% stake in US-based asphalt business Sargeant Marine to form a global asphalt logistics and trading company....

News
09 December 2015

World Bank: Emerging markets are at a crossroads

The emerging market countries are facing the possibility of a new era of slower economic growth, according to economists at the World Bank. The good news is that those...

Perspective
08 December 2015

ADB: Working with South American banks to boost South-South trade

We're thrilled to welcome Banco Patagonia Argentina into ADB's Trade Finance Program (TFP). As a participating bank, TFP will provide guarantees to Banco Patagonia...