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News
30 January 2017

Yinson converts $780m loan into Islamic financing facility

Yinson Production, a wholly-owned subsidiary of Malaysia's Yinson Holdings, has converted its $780 million conventional syndicated term loan to an Islamic Murabahah...

News
30 January 2017

Blockchain: Accelerated activity in trade finance

Blockchain activity in trade finance has accelerated, showing that enterprise banks are increasingly interested in the technology. It is also clear that blockchain is...

News
30 January 2017

Petrobras and Total move forward with strategic alliance

Brazilian oil giant Petrobras has signed a master agreement with France's Total. The companies jointly participate in 19 consortiums worldwide in exploration and...

News
30 January 2017

Cisco, Bosch part of new blockchain consortium

A consortium of companies, including Cisco Systems, Bosch and Bank of New York Mellon, have united to look at how blockchain can be used to secure and improve...

News
30 January 2017

KDB, Kexim-funded group boosts Hyundai Merchant Marine

A new shipping entity created by the Export-Import Bank of Korea (Kexim) and the Korea Development Bank (KDB) to help the country's shipping and shipbuilding industry...

News
30 January 2017

China Exim agrees loan for Angolan port to boost trade

The Export-Import Bank of China (China Exim) has agreed to lend up to $600 million to Angola to build a deep-sea port in Cabinda. The port, which is surrounded by the...

News
30 January 2017

China Exim approves loan for Lagos-Ibadan rail project

The Export-Import Bank of China (China Exim) has agreed a $1.275 billion loan for the construction of the Lagos-Ibadan standard gauge rail line in Nigeria. China will...

News
30 January 2017

VEB needs $2.5bn a year in state support until 2021

Russia's Vnesheconombank will need about $2.5 billion in state support every year until the end of 2021 as it gradually increases lending. It is under Western...

Perspective
27 January 2017

Predictions for 2017: TXF’s latest podcast is up

Come on in, put the kettle on and enjoy TXF’s new podcast where our panel discuss the ‘biggest shift, biggest change’ in trade over the past year, and give their...

News
27 January 2017

Amsterdam Trade Bank joins CargoDocs

Amsterdam Trade Bank (ATB) has signed on to CargoDocs to streamline the creation, control and transfer of transport-related title documents – including electronic...

News
27 January 2017

Fitch warns that China's Silk Road ambition could be a risk to Chinese banks

China's One Belt One Road infrastructure lending could create new asset-quality risks for its banks according to Fitch Ratings. Commercial Chinese banks will be...

Perspective
27 January 2017

Some of those annoying technical issues in trade finance

Associates of Sullivan & Worcester LLP warn about the underlying complexity of drawing up an insurance policy and the importance of securing lenders’ interests.

Perspective
27 January 2017

Kernel debuts in bond market

Ukraine-based sunflower oil producer and exporter Kernel has successfully debuted in the international bond market, a measure of growing lender confidence in the...

News
27 January 2017

AfDB approves $90 million financing for Kenyan SMEs amid African trade finance push

The African Development Bank (AfDB) has approved a $90 million financial package to support SMEs in Kenya and to promote trade finance in Africa. The deal contains a $50...

News
27 January 2017

UC RUSAL prices $600 million debut Eurobond

Russian aluminium producer Rusal has announced the launch of a five-year $600 million Eurobond with a coupon of 5.125%. The issue will be used to refinance the...

News
27 January 2017

Japan's Orix ready to spend up to $1 bln for shipping loan deals

Orix Corp would consider deals to the scale of $1 billion each to buy shipping loans fromEuropean banks, an executive said, as the Japanese financial conglomerate plans...

News
27 January 2017

JBIC and Japanese banks to loan $440 million for 80MW Muara Laboh project in Indonesia

A development consortium of Sumitomo, Supreme Energy and Engie have secured loan financing of up to $440 million for its 80MW Muara Laboh geothermal power project in West...

Perspective
26 January 2017

New tap: Japan outbound looks beyond JBIC for liquidity

Japanese life companies and smaller banks could become a key element in Japan’s effort to maintain its presence in overseas markets.

Perspective
26 January 2017

Akbank refi out to market - but where will it price?

Akbank is out to market with the first Turkish bank refinancing of 2017. Where the deal prices will not only be a gauge of international bank appetite for Turkey, but the...

News
26 January 2017

Industrial commodities prices to surge, says World Bank

Prices of industrial commodities such as energy and metals will surge in 2017 because of tightening supply and strengthening demand, says the World Bank. Agriculture...