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News
16 August 2016

Chesapeake Energy takes $1bn loan

US natural gas producer Chesapeake Energy has arranged a $1 billion five-year term loan to buy back senior notes due between 2017 and 2038.

News
16 August 2016

DBK and Almex to join forces on projects

The Development Bank of Kazakhstan (DBK) and holding group Almex are planning to jointly fund promising projects and bid to attract foreign investment into the...

News
16 August 2016

Argentina seeks IMF help to boost risk rating

Argentina hopes the International Monetary Fund (IMF) can help boost its risk rating - which is currently on par with North Korea and Iran. IMF economists will assess...

Perspective
15 August 2016
in
Oil & gas

Gazprom M&T seals new $400m RCF as lenders sanctions fears ease

Despite sanctions still impacting Russia, the state-owned oil giant Gazprom’s UK-based subsidiary has quelled lender concerns to seal a new commodity financing agreement....

News
15 August 2016

MIT opens office in Singapore

Swiss-headquartered Micro Informatique & Technologies (MIT) - which develops trade and commodity finance software solutions - has opened an office in Singapore to...

News
15 August 2016

FIMBank in profit for first time since 2014

FIMBank, the Malta-based trade finance bank, is back in profit for the first time since 2014. The group registered a half-year profit after tax of $1.21 million...

News
15 August 2016

KUKE makes board VP appointment

KUKE, the Polish export credit agency, has appointed Janusz Władyczak to the post of vice-president of its board. He will be responsible for sales and product offer...

News
15 August 2016

Gerber Finance hires McGarry as chief credit officer

US-based Gerber Finance, which provides asset-based lines of credit, has hired Kevin McGarry as chief credit officer. He joins from First Capital, where he led the...

News
15 August 2016

Brazil's BNDES reveals large net loss

BNDES, the Brazilian state-run development bank, has revealed a net loss of $689 million in the first six months of the year - reversing a huge profit in the same...

News
15 August 2016

India Exim and ECGC could see regulations eased

India's ECGC and the Export-Import Bank of India (India Exim) could be strengthened by being freed from strict regulatory rules and given more financial support...

News
15 August 2016

EBRD finances Centerra's gold mine in Turkey

The European Bank for Reconstruction and Development (EBRD) has agreed a $75 million loan for the development of Canada-headquartered Centerra Gold's Oksut...

Perspective
12 August 2016

TXF Data Update: Middle East tops export finance market in H1

The Middle East is the largest export finance borrower market in the first half of the year, with a 35.3% share of the global market; the export finance community cites...

Perspective
12 August 2016

TXF Data Update: JBIC most active ECA in H1

The Japanese ECA, JBIC, topped the table by covered volume with 25 transactions totalling $9.68 billion in H1 of 2016, with the German ECA Euler Hermes in second place...

News
12 August 2016

KfW and KfW IPEX finance North Sea wind project

Germany's KfW IPEX-Bank is contributing a €97.4 million loan to the financing of the Merkur wind energy project in the North Sea. Parent group KfW is adding...

News
12 August 2016

The latest Insights from Ishka

Topics covered in this volume of Ishka include China's growing leasing ambitions, the uphill task to break-even by 2017 faced by unprofitable Oman Air, Aeroflot...

News
12 August 2016

Encanto Potash makes board and CEO moves

Canada's Encanto Potash has appointed seven people to its board of directors and made Norman Brewster chief executive officer (CEO) of the company.

News
12 August 2016

FSW provides factoring facility to Just Fun Toys

US-based FSW Funding has provided a $2 million factoring facility for South Africa's Just Fun Toys. FSW teamed up with a purchase order lender which provided an...

News
12 August 2016

India Exim supports Ghana railway project

The Export-Import Bank of India (India Exim) has agreed financial support to Ghana for the construction of a railway line from Tema port to Akosombo.

News
12 August 2016

Demand for Finnvera export guarantees up

Finland's export credit agency, Finnvera, has released its half-year report, saying demand for its export and special guarantees and export credits rose steeply on...

News
12 August 2016

KDB and SBI seal trade and project MoU

The Korea Development Bank (KDB) and the State Bank of India (SBI) have signed a memorandum of understanding (MoU) to enhance cooperation in areas including corporate...