World Bank Group names new executive director
Choi Hee-nam has been appointed executive director of the World Bank Group. He replaces Eun Sung-soo, who resigned the position to be the chief executive officer of...
Choi Hee-nam has been appointed executive director of the World Bank Group. He replaces Eun Sung-soo, who resigned the position to be the chief executive officer of...
A total of GH¢48.9 million ($12.5 million) is required to set up and run the proposed Ghana Export-Import Bank (Ghana Ex-Im) in the first 12 months of its...
Swiss-based commodity trader Glencore is expected to soon wrap up senior syndication of a one-year revolving credit that refinances existing debt. Glencore is...
The International Islamic Trade Finance Corporation (ITFC) has signed an agreement to open a branch in Dubai. The branch will become a gateway for facilitating and...
Researchers have estimated the costs of capital for onshore wind energy projects across the 28 EU member states. The weighted cost of capital significantly varies,...
Reliance Industries’ latest €950 million ($1.04 billion) export credit agency (ECA)-backed deal is expected to push its capital expenditure spree in refinery and...
Export Development Canada (EDC) has signed an agreement at the Singapore International Air Show with ICBC Financial Leasing regarding aircraft manufactured by...
The UK branch of Nigeria's Zenith Bank has opened its first office in the Dubai International Financial Centre (DIFC), where it will offer trade finance and...
India's state-run Bharat Heavy Electricals has secured a $1.6 billion overseas power project order thanks to help from the Export-Import Bank of India (India...
The Asian Development Bank (ADB) has signed an agreement to reinforce its work with Australia - including increasing trade finance and investment. ADB President...
The Export-Import Bank of India wants ₹1,700 crore equity capital to help provide export finance, term loans to exporters, and overseas investment finance and...
Vitol, the Swiss-headquartered commodity trader, believes oil may never hit $100 a barrel again. Chief executive Ian Taylor said prices could remain between $40 and...
FIMBank, a Malta-based trade finance bank, has hired Howard Gaunt as group chief operating officer (COO). His banking career spans 31 years in senior national and...
LNG Canada's proposed export project in Kitimat, British Columbia, has suffered a setback after Royal Dutch Shell postponed its final investment decision. It had...
Low prices and dwindling sources of finance are forcing coal producers to turn to export credit agencies (ECAs) to support their capital needs. But ECAs and their...
Talk of digital innovation has long been the on the lips of those in trade finance. But what can the technology of ‘Industry 4.0’ bring to the field? The answer is far...
Belgian zinc producer Nyrstar is winding down a marketing agreement with Hong Kong-based Noble Group at the end of the year. It will instead provide zinc on a pre-paid...
International law firm Stephenson Harwood has appointed partners King Tak Fung and Ivan Ng, from Eversheds in Hong Kong, to boost its contentious and non-contentious...
Sanction-free Iran plans to sell 300,000 barrels of crude oil a day to European customers. Iran is trying to boost its oil exports by 500,000 barrels a day in the next...
The Asian Infrastructure Investment Bank (AIIB) has officially appointed five vice presidents (VPs). Dr Luky Eko Wuryanto is VP, chief administration officer; Dr...