Despite consensus to reauthorise US Exim Bank in Congress, the Senate, and from the White House, due to further deliberations over the transportation funding bill...

Dubai-based bank Emirates Islamic has launched EI trade - a Shariah-compliant online trade finance and supply chain platform. It can be used to submit, process and...

Politician Swati Dandekar has been nominated as the United States director of the Asian Development Bank. She was given the rank of an ambassador by US President...

US-based cloud treasury management company Kyriba has appointed Eric Riddle to its executive leadership team as executive vice-president of supply chain finance...

US-based oil company Sanchez Energy has seen the borrowing base under its $1.5 billion revolving credit facility drop from $550 million to $500 million. To date,...

Singapore-based Puma Energy International, the fuel retail and storage company spun off from commodity trader Trafigura, is building a $100 million facility for...

Socar Trading - the marketing arm of Azerbaijan's oil giant Socar - has signed its first revolving credit facility. The $150 million deal complements its existing...

Global energy and commodities group Mercuria Energy has signed its Asian revolving credit facility (RCF) for a total amount of $1.1 billion. General syndication saw a...

HSBC’s highly-regarded global head of commodity & structured trade finance (CSTF), Jean-Francois Lambert, has left the bank. The departure comes as part of a structural...

The lack of reliable data in the trade finance industry could be contributing to the knowledge gap between industry participants, regulators and institutional investors,...

Concerned about the continuous decline in Indian exports, Prime Minister Narendra Modi's government today announced the launch of a 3% interest-subsidy scheme for...

The Asian Development Bank (ADB) has approved a $37 million loan to boost cross-border trade and investment in Laos. The loan, with another $10 million in...

US-based TriLinc Global Impact Fund has approved $9.7 million in trade finance transactions to companies in South Africa and Guatemala. TriLinc provides growth-stage...

Members of the Organisation for Economic Cooperation and Development (OECD) have dealt a blow to the coal industry by agreeing to scale back public financing for...

The African Development Bank (AfDB) is helping issuing banks on the continent expand their trade finance operations by approving an $100 million Risk Participation...

Panama's Bank Association - with regional membership of 71 international and domestic banks - has joined SWIFT's Know Your Customer (KYC) Registry. The...

Export credit agency, the Japan Bank for International Cooperation (JBIC), is expected to provide financing for Indonesia's second land-based liquefied natural gas...

Zinc has dropped to a six-year low as other metals traded near their lowest since at least 2010 amid concerns about faltering demand in China. The plunge in metals has...

The European Bank for Reconstruction and Development (EBRD) is stepping up its support for Egypt's exporters and importers with a $20 million trade facility to...

PostRock Energy, a USA-based crude oil and natural gas group, has seen the borrowing base on its credit facility drop from $76 million to $39 million. The company had...