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News
23 January 2017

Kexim downsizes lending target to $57.34bn

The Export-Import Bank of Korea (Kexim) has set this year's lending target at $57.34 billion - downsizing its financing plan for the second consecutive year. Kexim...

News
23 January 2017

AfDB agrees soft commodity finance deal with Meridian

The African Development Bank (AfDB) has agreed a $20 million soft commodity finance facility with Meridian to provide pre- and post-shipment finance in Malawi, Mozambique...

News
23 January 2017

DBJ to help Toshiba amid US nuclear business losses

The Development Bank of Japan (DBJ) has been asked to provide financial help to Toshiba as the group expects losses of $6.17 billion from its US nuclear business. Without...

News
23 January 2017

QBE expands UK trade credit with new hires

Insurer QBE has boosted its trade credit business in the UK by hiring Dimitri Griek as commercial underwriter, Louis Hemsley as credit analyst, Ally Connolly as assistant...

News
23 January 2017

World Bank: Global growth edges up to 2.7%

Economic global growth will rise moderately to 2.7% this year, according to the World Bank. Obstacles which had blocked activity in emerging market and developing economy...

News
23 January 2017

What will Trump do with US Ex-Im?

New US president Donald Trump has given little indication about what he intends to do with the Export-Import Bank of the United States (US Ex-Im), leaving those invested...

Perspective
20 January 2017

KfW Development Bank keeps Lima metro on track

The Peru government raised DFI loans last month from both KfW and AFD – the latest tranches of debt to back the state contribution to the $5.8 billion Lima Metro Line 2...

Perspective
20 January 2017

Trafigura launches European RCF refinancing with flat pricing

Commodities trader Trafigura has launched the refinancing of part of its flagship 2015 European RCF with a group of international banks. The pricing on offer is said to...

News
20 January 2017

Fred Hochberg steps down as US Ex-Im president

Fred Hochberg was described as "one of the most distinguished business leaders in our nation's history" as he resigned from his role as president of the...

News
20 January 2017

Indonesia confounds mining industry with new export rule

Indonesia is to allow exports of excess nickel ore and bauxite by miners that are building processing plants in the country, easing a ban on unprocessed ore shipments...

News
20 January 2017

EBRD invests $2bn in Turkey

The European Bank for Reconstruction and Development (EBRD) invested €1.9 billion in Turkey last year. Turkish projects represented 20% of the EBRD's total...

News
20 January 2017

South Korea signs infra-financing deal with Cabei

South Korea has agreed a $100 million deal with the Central American Bank for Economic Integration (Cabei) to help finance infrastructure projects in the region. The deal...

News
20 January 2017

K-sure collects export receivables in Iran

Korea Trade Insurance Corporation (K-sure) has collected €97 million with regard to the Mapna power plant project in Iran. K-sure said the collection...

News
20 January 2017

XL Catlin unveils global risk management promotions

XL Catlin has hired Mark McConico as senior vice president and will lead its global risk management insurance underwriting operations in the north-east US, while Lizette...

News
20 January 2017

Euler Hermes 2017 outlook: Superheroes, sidekicks, and villains

Global GDP growth should reach +2.8% during 2017, according to trade credit insurer Euler Hermes. But this figure remains below +3% for the seventh consecutive year.

News
20 January 2017

EBRD reveals Mediterranean investment details

The European Bank for Reconstruction and Development (EBRD) invested more than €1.3 billion in 41 projects in the southern and eastern Mediterranean region last...

News
20 January 2017

Credendo officially launches under one name

Delcredere Ducroire, the Belgian export credit agency, has officially launched under its new 'one name, one team, one mission' title of Credendo. All the...

News
20 January 2017

Misys: Banks to seize $490bn crowdlending market opportunity

Fintech group Misys has launched Misys FusionBanking CrowdLending to allow banks to claim almost $500 billion funding to small and medium-sized enterprises, large...

Perspective
19 January 2017

OCTP: Vitol uses pricing clout for a rare long-term borrowing

A key project for Ghana and a direct lending first for UKEF – Vitol’s OCTP is rumoured to be tightly priced and partially financed under a fixed rate CIRR.

News
19 January 2017

Citi: Trump's protectionism could spur changes in trade finance

America's Citigroup, which has operations in more than 160 countries, may retool its trade finance business if president-elect Donald Trump stiffens tariffs on...