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Perspective
15 October 2013

Zurich’s Daniel Riordan named Berne Union president

Daniel Riordan, CEO of Global Corporate, Zurich North America has been elected president of the Berne Union – the international association of export credit insurers. He...

Perspective
14 October 2013

EBRD provides funds to Garanti and Yapi Kredi for SMEs

The European Bank for Reconstruction and Development (EBRD) is providing funds to Garanti Bank and Yapi Kredi of Turkey to help small and medium-sized company (SME)...

Perspective
14 October 2013

HSBC makes key trade appointments in Singapore and Sydney

HSBC has made appointments in its commodities in Singapore and in payments and cash management in Sydney. In Singapore, the bank has appointed Woei Kuen Yeo as head of...

Perspective
14 October 2013

JB's weekly round-up - 14 October 2013

Key personnel from the export credit agency (ECA) and private insurance community were in attendance at the Berne Union AGM held in Vienna last week. TXF was kindly...

Perspective
11 October 2013

StanChart arranges cross-border RMB loan for Nokia

Standard Chartered Bank (StanChart) has successfully completed a RMB2.5 billion ($408.4 million) cross-border lending deal for the international mobile broadband...

Perspective
11 October 2013

Noble Energy success with mega credit facility

US-headquartered oil and gas exploration and development company, Noble Energy, has successfully arranged a new revolving credit facility (RCF) with a syndicate of...

Perspective
11 October 2013

ABN AMRO targets Asian commodity SIP growth

ABN AMRO is targeting growth in commodity structured inventory products (SIP) in Asia-Pacific with the launch of its first dedicated desk in Singapore. The services will...

Perspective
11 October 2013

PhosAgro opens trading arm in Singapore

Russian fertiliser producer PhosAgro has opened a trading arm in Singapore, opening of PhosAgro Asia, which will focus on sales of mineral fertilisers to countries in...

Perspective
09 October 2013

EBRD and IFC provide loans for Turkish agri-sector

The European Bank for Reconstruction and Development (EBRD) is to provide a €60 million ($81.6 million) loan to Turkey’s Sekerbank, as part of a programme to assist...

Perspective
08 October 2013

Chilean ship company secures Korean export credit

Chilean shipping company Compania Sud Americana de Vapores (CSAV) has secured export credit financing with a consortium of banks and Korean agencies to support the...

Perspective
07 October 2013

Sberbank and JBIC sign export credit financing agreement

Russia’s Sberbank has signed a general financing agreement with Japan Bank for International Cooperation (JBIC), under which financing amounting to $600 million will be...

Perspective
07 October 2013

Stanbic IBTC signs pact with John Deere and Tata for Nigerian-agri

Stanbic IBTC Bank, a member of Stanbic IBTC Holdings, has signed a collaboration pact with Tata Africa Services and John Deere Financial, whereby Stanbic IBTC Bank will...

Perspective
07 October 2013

JB's weekly round-up - 7 October 2013

There appears to be plenty of personnel movements in the trade finance sector at the present time – some of these we are able to write about, while others are, shall we...

Transmission
04 October 2013

Video Interview: Michael Spiegel, Global Head, Trade Finance and Cash Management, Deutsche Bank

Michael Spiegel, Global Head, Trade Finance and Cash Management at Deutsche Bank speaks to Jonathan Bell of TXF and speculates that supply chain finance may be reaching a...

Perspective
04 October 2013

King & Spalding hires ex WTO deputy director

International law firm King & Spalding has hired Alejandro Jara, former deputy director general of the World Trade Organisation (WTO), as senior counsel in the WTO and...

Perspective
03 October 2013

Ecom Agroindustrial signs revolver

Swiss-headquartered agri-trading company Ecom Agroindustrial has signed its latest revolving credit facility (RCF), originally launched in August (TXF News 12 August).

Perspective
02 October 2013

Rusal appoints new CFO and reorganizes finance office

Russian aluminium producer Rusal has made changes in its finance directorate and appointed a new chief financial officer (CFO).

Perspective
02 October 2013

ICBC provides first rand financing

The Industrial and Commercial Bank of China (ICBC) has provided more than ZAR180 million ($18.2 million) financing to a 27MW wind project near Nelson Mandela Bay, Eastern...

Perspective
01 October 2013

US Ex-Im recruits Claudia Slacik for SVP export finance role

The Export-Import Bank of the United States (US Ex-Im) has recruited Claudia Slacik as chief banking officer and senior vice president for export finance. She joins US...

Perspective
01 October 2013

Brazil secures US Ex-Im support for agribusiness aircraft

The Export-Import Bank of the United States (US Ex-Im) is supporting the purchase of two American-manufactured agricultural aircraft by a Brazilian soybean and...