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News
27 March 2017

India Exim to increase efficient Ghana's credit lines

The Export-Import Bank of India (India Exim) is looking to increase Ghana's lines of credit from the current $400 million. The bank described Ghana as "one of...

News
27 March 2017

Is greater transparency coming for UK payment practices?

Next month sees the introduction of new payment reporting regulations. In this article, eight of the UK's largest companies are brought together to explore how they...

News
27 March 2017

Vitol sees trading rise but turnover drop

Swiss-headquartered commodity giant Vitol saw turnover drop to $152 billion last year from $168 billion in 2015. But trading hit over 7 million barrels per day, according...

News
27 March 2017

Coface: New political risk index in 159 countries

Trade credit insurer Coface has launched a global index for 159 countries. It shows that the widespread rise in political risk conceals mixed regional dynamics.

News
27 March 2017

Raymond Li joins BTMU as financial institutions head

Bank of Tokyo-Mitsubishi UFJ (BTMU) has hired Raymond Li as its new head of financial institutions for East Asia. He joins from BNP Paribas.

News
27 March 2017

Number of business insolvencies peak in 2016

The number of insolvency claims for 2015 and 2016 were higher than at any time since the global financial crisis. The rise comes amid increased insolvencies in a number...

News
27 March 2017

JBIC's first waste treatment loan for San Luis Obispo facility

JBIC has contributed $6.1 million of a total $12.4 million loan for Hitachi Zosen's US subsiduary Kompogas.  The funds will be used to construct a waste...

News
27 March 2017

IFC agrees fresh credit package to Vietnam Prosperity Bank

The International Finance Corporation (IFC) has agreed a credit package worth $80 million to Vietnam Prosperity Bank. It includes a syndicated loan worth $58 million with...

News
27 March 2017

South Sudan set to join Afreximbank

South Sudan has initiated moves to become a member of the African Export-Import Bank (Afreximbank). The country hopes Afreximbank support can ensure local participation...

News
27 March 2017

EBRD appoints Antoine Salle de Chou as Tunisia head

The European Bank for Reconstruction and Development (EBRD) has appointed Antoine Salle de Chou as head of its offices in Tunisia. He succeeds Marie-Alexandra...

News
27 March 2017

KDB, Kexim agree $2.6bn loans to struggling DSME

The Korea Development Bank (KDB) and Export-Import Bank of Korea (Kexim) have agreed $2.6 billion in fresh loans for the country's debt-ridden Daewoo Shipbuilding...

News
27 March 2017

Export Development Canada opens Singapore office

Export Development Canada, Canada's export credit agency, has opened its first global branch in Singapore. The Marina Bay Financial Centre branch will negotiate and...

News
27 March 2017

Middle East oil nations look at borrowing against future sales

Some oil producers in the Middle East may take money upfront against future production as they are forced to seek ways to plug budget holes amid a fall in the price of...

News
27 March 2017

UKEF commits $1.2bn for Peru infrastructure projects

UK Export Finance (UKEF) will provide $1.2 billion to Peru to fund infrastructure projects. UKEF will also provide $200 million in funding for the development of projects...

Perspective
27 March 2017

Metinvest: Rejigging the odds

Around two years in the making, Metinvest has completed its debt restructuring, won a small ratings upgrade and now has no meaningful debt maturities until 2019 when its...

News
27 March 2017

Akbank syndication closed - more Turkish trade facilities follow

Akbank has closed syndication on its latest trade finance on-lending facility – pulling in 38 banks and closing the dual currency deal at $1.2 billion equivalent....

Perspective
24 March 2017

Are you being served?

To keep their lead on fintechs, trade finance banks need to offer corporates a data-driven, holistic relationship and customer-centric technology – so says a new report...

News
24 March 2017

EKF poised to pay dividends to Danish state

Denmark's export credit agency is required under a new agreement to pay dividends to the Danish state. The payments will not affect EKF's ability to...

Perspective
24 March 2017

Pump up the volume: Trafigura goes bigger and prices better

Trafigura has closed syndication on its latest 364-day revolver refinancing - upping the size from $1.5 billion at launch to $2.27 billion and pulling in 41 banks...

News
24 March 2017

BFS projects increased capital costs for Thunderbird phase I

The bankable feasibility study for Sheffield Resources' Thunderbird mineral sands project in Australia estimates the capital requirement for phase I...